Friday, March 11, 2016

Brady signs new deal, gets $28 million bonus (Yahoo Sports)

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FILE - In this Jan. 20, 2016, file photo, New England Patriots quarterback Tom Brady faces reporters before a scheduled NFL football practice, in Foxborough, Mass. Tom Brady reportedly has agreed to a two-year contract extension with the Patriots. The deal will significantly lessen Brady's salary cap hit for 2016, which would have been about $15 million. He was due to make $9 million next season and $10 million in 2017. Brady, 38, has often redone his contract to help the Patriots' cap situation. He has said he plans to play well into his 40s. (AP Photo/Steven Senne, File)

Tom Brady has signed his two-year contract extension with the Patriots that will give him a $28 million signing bonus. Although Brady will earn only $1 million in base salary next season and in 2017, the bonuses will increase his cap hit to $14 million in each of those seasons. Brady has reworked his contract several times during his career, in which New England has won four Super Bowls.


 

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