The Bucs and quarterback Tom Brady have agreed to a contract extension, keeping the seven-time Super Bowl champion in Tampa Bay for at least one more season. According to ESPN’s Adam Schefter, the contract is a four-year extension with voids years that essentially tacks just one actual year onto his contract.

“When we acquired Tom a year ago, we were extremely excited about the leadership, poise and winning track record that he would bring to our locker room. Since that time, he has proven himself to be the ultimate competitor and delivered in every way we had imagined, helping us capture the Lombardi Trophy,” said Buccaneers General Manager Jason Licht. “Year after year, Tom proves that he remains one of the elite quarterbacks in this game and we couldn’t be happier to keep him in Tampa Bay as we continue to pursue our goals together.”

 

While the extension locks Brady into Tampa Bay through the next two seasons, it also allows the Bucs to move money in his contract back. The extension will free up about $19 million in cap space for the 2021 season, as the Bucs attempt to bring back most of the key free agents from their Super Bowl-winning roster. This puts the Bucs at about $14 million in cap space right now, with more moves on the way soon.

Tampa Bay has already placed the franchise tag on wide receiver Chris Godwin and re-signed linebacker Lavonte David, with outside linebacker Shaq Barrett, tight end Rob Gronkowski and defensive lineman Ndamukong Suh all remaining unsigned targets for the Bucs.

In his first year with the Bucs, Brady led the Bucs to an 11-5 record, their first playoff appearance since 2007 and eventually their first Super Bowl victory since 2003. He was also named the Super Bowl LV MVP, his  In the regular season Brady racked up 4,633 passing yards, 40 passing touchdowns and three rushing touchdowns with just 12 interceptions.

Through the Bucs’ four playoff games Brady added 1,061 passing yards and 10 touchdowns.

Brady’s original cap hit of $28.375 million in 2021 would have put him as the seventh-highest cap hit among quarterbacks in the NFL, trailing Dak Prescott, Patrick Mahomes, Aaron Rodgers, Russell Wilson, Kirk Cousins, Ryan Tannehill

Share On Socials

About the Author: Taylor Jenkins

Subscribe
Notify of
16 Comments
Oldest
Newest
Inline Feedbacks
View all comments
RayJayinTBay
RayJayinTBay
1 year ago

Hell yes! Another year of Brady. This team is so unselfish and Brady and Evans set the tone for team first.

Last edited 1 year ago by RayJayinTBay
Good wins with Godwin
Good wins with Godwin
1 year ago

This is amazing news! I knew this had a strong possibility of happening, but I had no idea they’d be able to get that much cap space freed up. The talent will definitely be there for this team again, just a matter now of getting them signed on the dotted line. Oddly this makes me more excited for the draft, knowing we won’t have any true needs this year and JL can go in any direction he wants.

SaskBucs
SaskBucs
1 year ago

Terrific news! Bucs are on their way to being scary next year

SappAttack
SappAttack
1 year ago

Everything is going to plan.

Franchine Chris Godwin – X
Re-Sign LVD with a hometown discount – X
Extend Brady to free up more cap – X
Re-Sign Shaq to a multi year deal –
Re-Sign Gronk to a modest deal –

LFG!!

bucballer
bucballer
Reply to  SappAttack
1 year ago

Don’t forget resigning Suh… very important piece in getting that middle pressure!

Spitfire
Spitfire
Reply to  SappAttack
1 year ago

Add Suh in there as well. Succop would be great too at a reasonable price. Pinion is valuable too as a deep kick off guy as well as punter.

plopes808
plopes808
Reply to  Spitfire
1 year ago

Yes, Suh and Succop are just as important as Shaq. Get it done Mr Licht!

^^mtn^^
^^mtn^^
Reply to  SappAttack
1 year ago

Sapp, why don’t you like the boy named Suh?

chefboho
chefboho
1 year ago

This is why Tom is constantly going to Super Bowls. He’s the ultimate team player and does this every year to help the team. I still hope they don’t blow show up with some crazy 20mill mark. I think $17 is plenty and then get some Gronk and succop. It’s looking to be another incredible year. Go Bucs!

TakeFive
TakeFive
1 year ago

One more year for the GOAT! Awesome!

Naplesfan
Naplesfan
1 year ago

Wow – a $19M cap savings this year? That’s way more than most expected. That’ll certainly go a long way to keeping our free agents.
Bigger hit next year, presumably, but it’s also expected that the cap reduction this year will be history by then. Everything seems poised for full stadiums this fall.

bucballer
bucballer
1 year ago

This is why Brady is the Goat! He knows where his bread is buttered. This enables the Bucs to keep him surrounded by quality players! Perhaps, other QBs might want to take stock in what Brady is doing… for his team, and not to his team!

Spitfire
Spitfire
1 year ago

I’m happy Brady is looking to be here at least another 2 years, that’s the best part.

PatrioticChief
PatrioticChief
1 year ago

To put this in perspective the Patriots just reupped a broken Cam Newton for a deal worth up to 14 million. Brady just saved his team 19 million. Brady is an effing savage.

Last edited 1 year ago by PatrioticChief
plopes808
plopes808
1 year ago

3 peat!

plopes808
plopes808
1 year ago

While other QBs are out there “breaking the bank,” Brady is making sure he has the team around him to repeat. That’s GOAT status right there, and save me the “it’s because he’s already made money and his wife is rich” speech cuz these guys make millions and approximately 0 of them are hurting for money.