Tom Brady Contract: New England Patriots to rework deal with star QB soon

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Tom Brady could be rewarded with a handsome new deal after his epic performance in Super Bowl LI. According to latest NFL rumors, the team and their star quarterback are in early talks of a reconstructed contract.

Jeff Howe of the Boston Herald stated that Brady and the Patriots are already talking about a new deal this early in the NFL offseason. The NFL reporter said that nothing is imminent but it won’t be a surprise if both sides agree sooner than expected.

“Tom Brady and the Patriots have expressed mutual interest in a new contract, per source. Very early talks. Nothing imminent,” Howe stated on Twitter.

“Brady is signed through 2019 due to last year’s extension. He’s set to earn just $1M in cash in 2017 but has a $14M cap hit. When Brady extended last year, it looked like 2018 was a good time to rework the deal based on $22M cap hits in 2018 and 2019.”

Tom Brady’s contract: Best bargain in the NFL

Brady’s contract pays him just a total of $14 million next season. That’s from a $1 million base salary and a $13 million signing bonus. Among all quarterbacks in the league, Brady is just ranked 22nd in the salary cap hit for his team, which means he is the best-valued player in the league.

“But considering Brady was again in MVP race and put together the best 4th quarter in Super Bowl history, can see appeal for a raise,” Howe added.

The highest paid quarterbacks in the league for the 2017 season is Tony Romo (Dallas Cowboys) at $24.7 million. Joe Flacco (Baltimore Ravens) at $24.5 million, and Carson Palmer (Arizona Cardinals) at $24.1 million are next in the list. While Matt Ryan (Atlanta Falcons) at $23.7 million and Matthew Stafford (Detroit Lions) at $22 million complete the top five.

Brady led the Patriots to the biggest comeback in Super Bowl history. He just won his fifth NFL title for New England. So, any reconstructed deal is expected for the star quarterback.

Tom Brady was asked about his future plans after the Super Bowl win and he said he wants to play until his mid-40s. The Patriots star quarterback will be turning 40 in August later this year.

Aside from his great Super Bowl performance, Brady had shown last season that he can still play at a high level for the entire year. He was in the NFL Most Valuable Player race though he missed the first four games of the regular season.

ALSO READ: Tom Brady Retirement: ‘I still plan on playing for a long time,’ QB to wife Gisele Bundchen

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