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Sources tell D&C that Brady deal is almost done

09.07.10 at 9:37 am ET

‘€œTremendous progress’€ has been made on a new contract for Patriots quarterback Tom Brady and the deal is close to being done, according to sources close to WEEI’€™s ‘€œDennis & Callahan’€ show.

(To listen to audio of the report, click here.)

The former NFL MVP is scheduled to earn $6.5 million this season in the final year of a six-year contract he signed in 2005. It was a deal that was considered close to being an upper echelon contract when he signed in 2005, but now, leaves him woefully underpaid when compared to other quarterbacks around the league.

Both the Patriots and Brady have been mostly mum about any sort of negotiations regarding a new deal, and the quarterback said earlier this summer he’€™s ‘€œnot into playing games’€ when it comes to hammering out a new contract.

‘€œI just want to come out here and do the best I can do,’€ Brady said in an interview earlier this summer. ‘€œYou know, whether you make $1 playing, or you make millions of dollars like we do make, I just really enjoy playing quarterback for this team. I have since the day I stepped on the field. It’€™s something I relish, and every year is an opportunity.’€

Patriots’€™ management has long maintained that they want Brady around for a long time.

‘€œ[Brady’€™s] just somebody I have a great amount of admiration for and somebody that I like a tremendous amount and is a great guy,’€ Patriots president Jonathan Kraft told WEEI earlier this summer. ‘€œFrom where I sit the relationship that we’€™ve had with him and the relationship that I’€™ve had with him is the same as it’€™s always been and if anything, it’€™s stronger. … I’€™ll echo what [Patriots owner Robert Kraft] has said a bunch of times, I really believe that Tom Brady is going to be the quarterback of this team for a long time to come.’€

A Tuesday morning report from the Boston Herald quotes a source close to the negotiations as saying the Patriots have offered Brady a three-year deal worth $58 million that comes out to $19.3 million annually.

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