IFWT_Tom Brady rings

Tom Brady officially signed his two-year contract extension with the New England Patriots and now we have the numbers on his deal.

via NESN:

ESPN’s Field Yates had the contract details first, reporting Brady’s two-year extension has officially been signed, including a $28 million signing bonus and $41 million in new money.

Brady’s cap figure in 2016 and 2017, according to Yates, will be $14 million. The first two seasons will represent a $1 million reduction, as Brady’s cap hit was $15 million before the extension, per PatsCap.com. Compared to quarterbacks around the NFL — Alex Smith, for example, has a reported $17.8 million cap hit in 2016 — Brady’s number remains team-friendly.

Yates and others also reported that Brady’s cap hit will increase to $22 million for the 2018 and 2019 seasons. That’s seemingly a big jump, but the Patriots could always restructure the deal once again. The NFL salary cap is also expected to keep rising, meaning that $22 million hit might not look as bad as the contract nears its end.

Shay Marie: Twitter || Instagram