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Report: Tom Brady, Patriots agree to three-year extension

 02.25.13 at 4:35 pm ET
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According to Peter King of SI.com, Tom Brady and the Patriots have agreed on a three-year extension that will keep the quarterback with the Patriots through the 2017 season, when he’ll be 40 years old.

The new deal will pay Brady $27 million over three years, which is significantly below market value for the two-time NFL MVP. At the same time, it gives the Patriots some financial relief, as the salary cap is expected to remain flat for the next few years.

King reports Brady will get a $3 million signing bonus immediately and will play for base salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017. The deal also gives the Patriots an opportunity to potentially sign a host of key free agents, including wide receiver Wes Welker, right tackle Sebastian Vollmer and cornerback Aqib Talib, all of whom are set to hit the free agent market next month.

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  • Joncouillard

    Thanks Tommy!  Now win another Superbowl!

    • Uncle Buck

      They probably will, then watch the haters multiply !!!

  • MOLLY

    Poor guy only making $27 mil over 3 years. There is no justice in this world. U are so handsome though Tom . Oh yes…….

    • innovator1

      I’m curious if Molly’s hot?

  • San Diego Dreamer

    How can you not love this guy. He’ll sacrifice his true worth to allow the Pats to put some decent talent on the field. Does anyone think this was done with the caveat that Welker get signed?

    • Qtrback

      As Mrulli states “the wife makes the money in that family, and NO, has nothing to do with Welker nor should it!

      • Fab4ever

        Wrong. It has everything to do with “team”….go back a few years ago and you will see much written about a couple of his contract negotiations and how he was comfortable with the $$ he was getting in order to maintain cap space for “weapons” to HELP the team win. It is his mantra…he’s one of a few athletes who can survive on salary that’s less than 10 million per year….I’m not suggesting that Gisele and her income is completly void of the decision but even it has some effect on this, he could still dmeand more $$ and get it….If you’re a fan, learn it. If you’re just yet another hater, get over yourself.

    • Jimy Krystle

      yes. this reminds me of ray bourque always taking Waaay below his worth to stay with the Bruins.
      I bet you Brady did this with Welker as a factor. Welker is one of his best friends off the field, and it’s obvious how well they work together on the field.

    • Pedro

      Sacrifice? His wife makes about 40 million a year, please lets not get the idea he is suffering. These guys are so overpaid its become a joke. He had to do something like this or the Pats would lose some very key guys. The super bowl years are over anyway for this team. Does the duck and dink offense bring back the king of the duck and dink Welker? the most overrated receiver in football

  • Mrulli

    The wife makes the money in that family

    • Bruinman86

       for now.  She’s no spring chicken in her field.

    • Anonymous

      Clueless dolt

  • Jjm1488

    woooooo

  • Justoneguysopinion

    Tom Brady is the man!!!

  • Easy E

    Hell Yes Brady! That’s what I like to see…

  • Gazzzmann

    Mrs Brady makes $45 million a year,he keeps his as an allowance”pocket money”

  • Cousin Joey P.

    Tom took one for the team….and he most definitely took one for his buddy Wes Welker. Since Brady is in the fold for 5 more years, I think a draft day deal involving Ryan Mallett is imminent at this point. Mallett will have some value since he’s at an affordable price with 2 years remaining oh his rookie deal, especially in a weak QB draft class.

    • JP

      agreed on all except for moving Mallett.  They have a decent young QB who cost them nothing- he’s behind Brady (one of the greats) and if they are smart they keep him around al-la how Green Bay did with Aaron Rogers behind Fav-ra.  

      • innovator1

        We have Brady under contract for five more years,and mallett’s deal runs out in two before he walks and we get nothing for him..This is the perfect year to deal him…Otherwise,we get nothing for him,and he will never start for us…

        • Bvbdan1

          Even thou i hate to say it, we need Talib. We are drafting 29 or 30th. Not a starting corner at that point as good as Talib. He played well when he was healthy and we have drafted some not so good corners over the past several years. Love to put Ed Reed out there also.

          • Bgauch187

            Young player could always be as good or better than talib never know until be is in systems and plays few games. After what Tom did and Wes looks like he is going to do also talib should take pay cut and try free up money get more better players.

  • Ty

    Great news for the Pats and Pats fans alike =) Congrats, TB! May it be an excellent next 3 years indeed.

  • Coolmt02

    This is NOT “news” … The Patriots were NEVER going to let Brady leave or play somewhere else.

    • Uncle Buck

      Well it actually is “news” if you read beyond the headline.  It is very significant.  Not so much about keeping Brady, it’s freeing up money to improve.  Come on man. 

  • Bruinman86

    So, welker could be back after all.  Hopefully this gives them the money to bolster the secondary as well.

    • Uncle Buck

      Yep, that is a great move by TB12 and the Pats.  Basically frees up cap money to sign Welker and be in position to add on/retain.  This organization is a winner. Let the trolls say what they want.  This team is the envy of the league, which is why the haters are so thick. They are consistently knocking at the door year after year and will continue to do so.

      • innovator1

        Love having Welker back,but we still need 2 or three perimeter guys to deflect the attention away from Welker so he’s not smothered…This includes non tendering Lloyd,and replacing him with a downfield threat..

      • Bruinman86

        Can’t hurt having a great QB who gets it! That in itself is rare.

    • Molly

       And bring in a deep threat!!

      • Bruinman86

         Now doubt that could help.  Perhaps the draft is an option there.

  • Bob

    Giselle’s net worth = 1/4 a billion. They’ll be okay.

  • JP

    good to hear- now please re-sign welker (none of this franchising crap) and sign talib and sign ed reed.  AND NO MOVING MCCOURTY TO CB

  • Jfarrell1127

    Gotta love this. Not only has he re structured his contract multiple times. he took a salary half of what he would het on the open market so he can have a better team around him. Anyone who doubts that this guy has still his competitive drive is nuts. He is determined to win another ring or 2

    • Uncle Buck

      Exactly.  

    • Ty

      Gotta love when a superstar player like Brady is also unselfish when it comes to the business side, thinking about the bigger picture and what he can do to help the team. Wish there were more like him, it’s refreshing and great to see.  He took significantly less money too on his 6-year extension after winning 3 SB’s than he could have had at that time.

  • Reza Auger

    You don’t need money when you marry Victoria model…..

  • Cfn

    Brady is not greedy as you can see; it is time for Welker to own up.  I really have a lot of respect for TB.  How much was Manning making with IND?  Lets see how much Flacco is going to ask for?  Brady understands that a team that has money available for other players is what makes it great, and this is worth more than money.

  • Jimmyregojr

    Looks like Tom will will retire as a Pat. Thank you, Tom.

  • tony

    TEAM FIRST

  • kbmineh

    Thany you Tom. Always a consumate professional willing to play as a team. Listen, everyone knows he’s worth more, everyone knows he doesn’t need the money. He’s a competetor, a teammate, and a friend. He wants another ring. He just did his part, now Mr. Kraft, hopefully you’ll do yours

  • Anonymous

    Just selling Brady’s 12 shirt will bring in millions more !
    You can’t ask for a better team player, sure he’s made
    alot of money, but his stats are the best and will get better…

  • Chuckchamp

    After reading Albert Breers assessment TB restructuring gives The Patriots an additional 15 mil for each of the first 2 years in cap space! That means that the Patriots now have 32 mil in Cap space for this season,it also means that his binky ain’t going anywheres!! Vollmer and Talib probably won’t be leaving either and you can be sure that BB will be looking for others to join the most successful team in the NFL  since the turn of the Century! Message to ED Reed you checking out what a real team player does when he knows his team needs help! Goldsen you want a job? Nnamdi tell the Eagles you ain’t taking a pay cut,then come sign here and return to your former self for less money.To Ryan Mallett TB just did you a solid!!! Enjoy your new team…..

  • Kman1020

    How can you not call this guy a class act. Can’t wait to see him hoist another Lombardi Trophy and put his critics to shame. Patriot for life! 

  • Billyt

    How much are they under the cap now?

  • Animalsbrother

    Brady did this in order to resign Welker nice job Tom

  • ScoopBurton

    Kraft….Pease spend the money!!! NOW!!!

  • MSJO

    Thanks Tom. Now go sign his partner, Wes. Whatcha say?? 

  • Concreteman02861

    they offense is like having kate upton in a porn movie, they defense is like having an asian man be the lead actor is said porn movie

    • Anonymous

      Ok I had to read this twice, and then I almost peed my pants.  Good analogy! 

  • Bgauch187

    I hope other players who are great follow Brady’s lead and play here to win not for money. If you win SB’s endorsements will flow in and you can still make your money. Next thing we need to talk about is this Estonian kid at the combine I really hope Bill gets this guy he will be much needed on defense.

  • http://www.facebook.com/derek.lee.82 Derek Lee

    Brady hates to lose more than anybody, so this comes as no surprise. Plus he’s already filthy rich for the next three hundred years

  • bluedevils1

    This was a businessman that made sure he got paid 60 million dollars in guaranteed money for the next five years.  Read Foxsports.com’s story, which is more than 2 paragraphs long with the complete story.  It wasn’t just about a hometown discount. There’s more to the story.

  • Gaulin4

    I love watching Tom play but you dont seriously think he wont be getting injured more as he matures?   I hope to God they have a plan B because its more likely to happen with each passing season.

  • WHO CARES

    Kraft has no excuses now pats can sign Wes and another WR like a Mike Wallace, Talib and a pass rusher(Freene) would be nice. No more saving a couple of $$$$ it cost the Pats a SB. Give TB a WR that can strech the defense and everbody healthy= Super Bowl.

  • Tmbirtz

    now sign S ed reed draft  LB Draft CB Draft DRAFt tervon austin WR Sign woodhead back welker vollmer Aqib
    Talib 
    Branden Albert RT

  • Psycho1039

    I like how people think that Brady is taking this huge pay cut..like he is leaving so much on the table for the good of the team
    For those of you who think this deal only consists what you read, I have a bridge to sell you.

  • blinding glare

    New England fans are truly blessed to have such a great player who is also extremely unselfish!

  • Dano S

    Years and years of practice and big games the Welker and Brady combo continues as  I think Welker signs very soon as Brady paves the way.
    Pats Predictions 34.0 Free Agents Wes Welker, David Nelson WR Bills,Delanie Walker TE 49ers,
    Sam Baker OT Falcons, Sammie Lee Hill DT Lions and Derek Cox CB Jaguars.

    Draft 1 Trade for 2 and 3. 2 Trade for 3 and 4. 3 Trade for 3 and 4.3 William Gholston DE Michigan State 3 Shamarko Thomas S Syracuse 3 Larry Warford G Kentucky 3 Justin Pugh OL Syracuse
    4 Blidi Wreh-Wilson CB Connecticut 4 Everett Dawkins DT Florida State 7 Sio Moore OLB Connecticut 7 Lavar Edwards DE LSU.

  • Psycho1039

    people are such Brady rump-shwabs…this deal now gives Brady $60 mil GUARANTEED as opposed to about $30 mil guaranteed.  Guaranteed money is the most important thing to an nfl player in terms of their contract…Brady is looking out for #1 first…the team a close 2nd

    • bluedevils1

      I totally concur! That’s what I said in my earlier post.  He is guaranteed all 60 million in the NFL where injuries can end your career, and everyone thinks he was doing the Pats a favor.  He was looking out for number one – Tom Brady. Nothing more.

      • Ty

        Again, like I just explained to Psycho, it is absolutely false to claim that Tom Brady was only looking out for himself when he restructured his contract.  If he truly wanted to look out for himself, much like Drew Brees or Peyton Manning did last year, he would hold out for a better contract until he was paid or simply be completely against restructuring his contract, respectively.

        I’ll give you that the guaranteed money gives him some increased security in case of an injury, but quarterbacks are better protected now, and Brady has always done a good job of avoiding a devastating injury, despite the knee injury in ’08.  He knows how to take a sack and avoid pressure and is tough enough to get right back up even after taking a big hit.  It was reasonable to expect that he’d make that money anyways, guaranteed money which actually is less (average of $11.4 million) than what he was originally guaranteed over the next two years (average of $15 million a year) because it’s more spread out.

        To say he was only looking out for “number one” and “nothing more” is so far from the truth, it’s absurd.  Did he have to restructure his new contract? No.  Does it help the team that he did? Of course. They have more cap room, they have more wiggle room to sign free agents, and that gives the team better opportunity to be better and continue to win. Those points are not debatable, they are facts set in stone. So no, it isn’t about just Brady.  By restructuring his contract, he has helped put the Pats in better position to be better for as long as he’s here.

        • Gnawman

          It’s ALL guaranteed money, not some! Who else in the NFL has that? NOBODY!  I’m quite sure he wants his team to succeed, but the bottom line is now he doesn’t have to worry about free agency as a 37 year old.  Let’s say he has a career ending injury next year. How will that effect the Pats then.  They would still have to pay him year in and year out for 4 more years, which does count against the cap.  All I’m saying is, he guaranteed his future money as a businessman, which also helped out the Patriots of about 5 million a year. Out of 1600 NFL players, not one of them has that security.   

          • Ty

            I agree with you, Brady was smart in helping himself gain security while also helping the team at the same time, but it’s a trade-off the Patriots don’t mind making when he’s the most important player on the team, he hasn’t declined that much in his 30s, and he has never missed a start since 2008. It’s clear to me that his #1 motive to restructure his contract was to help the Patriots improve their ability to sign free agents this offseason and make sure he’s with them for the rest of his career.

            First, it’s admirable in this era of sports to see an athlete stay loyal to one team his entire career, and second, how many guys do you see willing to restructure his contract in order to help out the team?  People that are blasting him for the guaranteed money are overplaying that aspect of the new deal way too much.  The fact that he wanted to do this quietly too is a testament to his character.  John Dennis revealed this morning that Brady didn’t even want his e-mail to be known to the public, nevermind having an interview about it on-air.  Out of 1600 NFL players, not one of Brady’s importance in football has helped out his team in the way Brady has, and Brady has done it twice in his career.  He could have broke the bank in 2005 too, and that’s what is really the most admirable and underplayed story here.

    • Ty

      I’m sorry, but he restructured his contract to help out the team first.  I don’t know why that rubs haters the wrong way so much, but if I had to guess, it’s probably because they can’t stand to see TB do something that makes him look good.

      The fact remains that he restructured his contract when he didn’t have to so that it would put his team in better position to sign free agents and improve the team.  Like he said himself, it’s about winning, and he didn’t even want to talk about the contract because he understands that they’re all overpaid (yet another thing haters will probably ignore because it shows that the man his priorities in the right place).  He gets more guaranteed money–that much is true, and it gives him more security in case a terrible injury happens to him, but he actually averages less guaranteed money now ($15 million before, compared to roughly $11 million now) since it’s spread out over a longer period of time.  Quite simply, he will be making likely less than half his market value–if an older QB in Peyton Manning can still make $20 million off of a lost season and multiple neck surgeries, you can bet Brady is still worth that much.

      Like I said–he restructured his contract when he didn’t have to, and it helps the team improve its current position to be better and keep winning.  That’s a rarity in sports, and you have to appreciate a star athlete of TB’s caliber doing something like that… I think if you ask the average fan, they would agree that they’d like to see the best players on their team take less money for the betterment of the team (in fact there is a nation-wide poll on ESPN today that proves that much is true).

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