NFL’s Tom Brady’s next deal: No big-money signing, no franchise tag, just a year of free agency
Tom Brady will be able to sign a five-year, $126.3 million contract with the New England Patriots without a franchise tag in 2018, according to league sources.
The move clears the way for the New York Jets to sign Brady to a long-term extension after the quarterback signed a three-year extension with the team in the offseason.
Brady signed a $46 million, five-season deal in January 2016.
The $126 million deal for 2019 and 2020 will be paid over two years.
The contract includes a $16 million signing bonus, $11 million base salary and $5 million in guarantees.
Brady, who turned 37 on July 1, is the NFL’s all-time leader in career touchdown passes (1,073), completions (1.2 million) and passer rating (98.8) with 1,749 career passing yards, 11 touchdowns and five interceptions.
He won two Super Bowls with the Patriots.
Brady will become the oldest quarterback to win the Super Bowl and one of only four players in NFL history to throw for 3,000 yards and 20 touchdowns.