Tom Brady Signs New Deal With Patriots, Gets $28M in Bonuses

Tom Brady

Following reports that Tom Brady and the New England Patriots had agreed to a contract extension earlier this month, details about the deal have emerged.

According to the AP, the two-year extension gives the 38-year-old quarterback a $28 million signing bonus and adds $41 million to his deal should he play it out.

Brady will earn only $1 million in base salary next season and in 2017, but the bonuses will increase his cap to $14 million in each of those seasons. Then, his base salary for 2018 and 2019 would be $14 million, with cap hits of $22 million each.

By reducing Brady's salaries is to reduce how much it will cost the team against the salary cap.

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