The Tampa Bay Buccaneers are still basking in the glow of winning their second Super Bowl. With a laundry list of free agents to re-sign, they desperately needed to free up some salary cap room.
Enter Tom Brady!
Tom Brady reached agreement with the Buccaneers today on a four-year contract extension that voids to a one-year extension that locks him into Tampa through the 2022 season, sources tell ESPN.
— Adam Schefter (@AdamSchefter) March 12, 2021
The Buccaneers have already locked in wide receiver Chris Godwin and Lavonte David. This move will free up a significant amount of cap room for a team looking to repeat as world champions.
This is a developing story, terms of the deal are not yet available! Stay tuned to Bucsreport.com for further details!
Update
Per Adam Schefter, the deal will free up roughly $19 million in cap room for the Bucs.
The Tom-Brady extension saves the Buccaneers $19 million against the cap this year, per sources. The additional voidable years are there to defray the cost. It was another effort from Brady to keep as much of the team together as possible. https://t.co/65qAGO5Px7
— Adam Schefter (@AdamSchefter) March 12, 2021
