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That Tom Brady. Always taking one for the team! Tom Brady has agreed to a three-year, $27 million contract extension with the Patriots. Details after the jump…

GameTimeGirl

Via ESPN:

The deal will keep him with New England through the 2017 season, Sports Illustrated reported Monday.

The extension includes a $3 million signing bonus along with annual salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017, when Brady will turn 40, according to the report.

The modest figures for Brady afford the Patriots massive salary cap flexibility, as other elite quarterbacks have signed for annual salaries that are twice as lucrative. That will help as New England prepares to deal with the NFL’s projected flat salary cap for the coming seasons.

Brady, a two-time NFL MVP, passed for 4,827 yards and 34 touchdowns this past season, his 13th with the Patriots.