Brady deal done.

[Ickybaluky]

It is being reported on the radio here in NE that the Pats reached a contract agreement with Brady. The contract is being reviewed, but it is a done deal.

No word on terms.

[The King]

Who gives a crap. He looks like such an asshat in those redzone commercials.

[Ickybaluky]

Early reports are 3 Yrs/$58M on an extension. He makes $6.5M this year, so that means 4 Yrs/$65M.

LINK (http://www.bostonherald.com/sports/football/patriots/view.bg?articleid=1279746)

[SABuffalo786]

Only another 5 or so (PLEASE PLEASE PLEASE) years of him to deal with.

[Mike13]

That homo has the ego to pull a Favre.

[psubills62]

ESPN's Adam Schefter says that reports of an extension being in place for Tom Brady might be premature.

Schefter sites two sources that say the reports are "inaccurate" and "wrong." The Boston Herald has reported that a deal is on the table and could be agreed upon in the next 24 hours. It seems likely that a deal will probably still get done, but Schefter is usually spot-on, so it might not be a slam dunk.

From rotoworld.com

[OpIv37]

it doesn't matter- if they don't get a new CBA with a rookie cap, Luck or Locker will make more than him on their rookie contract next year anyway.

[cocamide]

it doesn't matter- if they don't get a new CBA with a rookie cap, Luck or Locker will make more than him on their rookie contract next year anyway.

Hopefully it's not us paying it.

[psubills62]

Somewhat unsurprisingly, Schefter is admitting he was wrong:


After talks escalated Tuesday, ESPN is now confirming a Boston Herald report that Tom Brady is close to signing a contract extension with the Patriots.

ESPN's sources initially called the Herald's report "wrong" and "inaccurate," but Adam Schefter conceded that reporter Ron Borges was "onto something." Per Schefter, the deal "gaining momentum" is expected to be a four-year extension, which is the same length as his previous two extensions. The new contract could be in place before the start of the regular season, giving Brady $18-20 million annually.

At this point, Schefter is not nearly as reliable as he used to be.

[Lexwhat]

Now *officially* done:

http://www.nfl.com/news/story/09000d5d81a66cfc/article/patriots-sign-brady-to-fouryear-72m-extension-through-2014?module=HP_headlines

Tom Brady (http://www.nfl.com/players/tombrady/profile?id=BRA371156)'s eventful Thursday started with a car crash and ended with him becoming the NFL's highest-paid player, based on annual average.

The New England Patriots (http://www.nfl.com/teams/newenglandpatriots/profile?team=NE)' star quarterback signed a four-year, $72 million contract extension that averages $18 million per season from 2011 to 2014, league sources told NFL Network insider Jason La Canfora. Brady's deal includes $49 million guaranteed, but, in essence, he is protected against injury in every year from the moment he steps on field, per a source.

...

The average value of Brady's contract surpasses that of New York Giants (http://www.nfl.com/teams/newyorkgiants/profile?team=NYG) quarterback Eli Manning (http://www.nfl.com/players/elimanning/profile?id=MAN473170), who in 2009 signed a six-year, $97.5 million extension ($16.25 million average) that starts next year. He's making $9.4 million this season.

Eli's older brother, Peyton Manning (http://www.nfl.com/players/peytonmanning/profile?id=MAN515097), is in the final year of a seven-year, $98 million deal ($14 million average), but Indianapolis Colts (http://www.nfl.com/teams/indianapoliscolts/profile?team=IND) owner Jim Irsay said he intends to make his quarterback the NFL's highest-paid player.

Brady's contract differs from those two deals in that it pays him a higher average salary over a shorter period of time. He has said he would like to play 10 more seasons.