The New England Patriots and Tom Brady came to an agreement on a much-anticipated contract extension this weekend to give the 42-year-old quarterback a raise for 2019.
Brady, who was in the last year of his deal, and the Patriots agreed to a two-year $70 million extension that raises Brady's salary from $15 million to $23 million this season, the sixth-highest amount among quarterbacks in the NFL, according to ESPN's Adam Schefter.
The deal takes Brady through 2021, with reported salaries of $30 million and $32 million. However, according to many, it's unlikely that Brady will play those seasons on this deal. Schefter reported that the deal will be adjusted each year.
Tom Curran of NBC Sports Boston said the extension placated both sides — Brady gets a deserved pay boost, while the Patriots have a deal in place to avoid going down the franchise-tag road. The deal also opened up $5 million in cap space for the Patriots' next offseason.
However, Curran wrote that both sides were likely to be "back at the table" in March, negotiating another deal to avoid the big cap hit for 2020.
Curran also wrote that the Patriots would be "able to pull the ripcord on Brady next March if they don't think he's worth the huge salary and he refuses a renegotiation."
Contract negotiations between Brady and the Patriots have been difficult in recent years because Brady continues to defy age norms in the NFL. Curran described the negotiation process between Brady and the Patriots as involving "significant wrangling."
The Patriots at one point viewed Jimmy Garoppolo as Brady's successor but traded him in 2017, making a commitment to Brady. The Patriots took quarterback Jarrett Stidham in the fourth round of the draft this year.
While Brady continues to play like one of the best starting quarterbacks in the league, the Patriots seem wary of committing big money long-term to a player who could suddenly show his age.
Last year, the Patriots tied $5 million in performance incentives into Brady's contract. He didn't hit any of them. Curran reported in July that the incentives "didn't really sow seeds of gratitude" for Brady.
So while Brady is taken care of this season, the two sides still seem to be operating on a year-to-year basis. If Brady plays all 16 games this year, he'll be the first player to do so at 42 years old.
According to ESPN's Mike Weiss, the two sides will try to figure out a deal that helps Brady accomplish his goal of playing to 45 years old. It seems the Patriots are still cautious about committing to that plan.
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