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Brady, Patriots agree on 2-year contract extension
Tom Brady is sticking around.
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According to ESPN’s Adam Schefter, the Brady agreed to a two-year contract extension on his current deal, which ran through the 2017 season.
There’s no immediate word on the financial terms of the deal. He had a salary cap hit of $15 million due for 2016 and $16 million due for 2017.
When Brady signed his three-year deal last time around, he eliminated all of his guaranteed money and it became guaranteed only against injury.
The contract will keep the now-37-year-old Brady on the field at Gillette Stadium until he’s 42. It’s not often that a 38-year-old has four more years on his contract, but there aren’t many pairings like Brady and the Patriots.
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Showing no signs of slowing down, Brady threw for 36 touchdowns and seven interceptions last season. He led the Patriots to the AFC Championship Game, where they lost to the Denver Broncos.