For a second straight offseason, the Buccaneers are adjusting Tom Brady‘s contract. They agreed to a restructure with the recently unretired superstar Friday, Adam Schefter of ESPN.com tweets.
Details are not fully available, but this move is expected to create around $9MM in cap space for the Bucs. Like last year, Tampa Bay has brought back a few key free agents. This restructure could allow the NFC South champs to retain more talent. Rob Gronkowski, Ndamukong Suh and Jason Pierre-Paul are still unsigned.
[RELATED: Brady, Bucs Have Not Discussed Extension]
Brady’s 2021 extension already tacked on three void years to his deal, which technically runs through 2025. The Bucs may well have added more void years, but Brady did not add any actual years via this restructure. He remains on track for free agency in 2023, though it is obviously uncertain if the future first-ballot Hall of Famer will opt to play an age-46 season.
The Bucs already have Brady tied to a $24MM cap hit in 2023, via the previous void-year arrangement. Whether Brady plays for the Bucs next year or not, he will carry a “significant” cap hit because of this latest adjustment, The Athletic’s Greg Auman tweets. Brady is on the Bucs’ books at $20.2MM this year.
Brady unretired just before free agency, with the move preceding Bruce Arians‘ mid-offseason exit. The Bucs have been connected to re-signing Suh and Gronkowski, though the latter has not committed to return just yet.
29 comments on “Bucs, Tom Brady Agree To Restructure”
Lurch will end up in ownership of the team.
Earl Thomas ?? Or are they done with knuckle heads after the AB situation
Debo. They need speed. This guy will retire a Miami dolphin and Sean Payton will be his coach. 100%. I would think Brady will take a rest year here. So don’t draft him. He’s saving his co da gra for Payton and the fins
Deebo isn’t the guy you add for speed, and they’re already paying Evans, Godwin, and Gage.
At some point Father Time always wins….Brady has beaten him for a long time now, but I wonder if there will be any kind of drop off at any point during his career.
It’s been happening. He beats it with these restructures. Lol haha.
Yea. He was only the best we in the league last year. Lol
Because of inheritance and control over play calls. The best qb won the SB no cap
Bring Suh back. Just an increíble athlete…
Let me guess, he takes a pay cut and the Bucs hire his TB12 company to do nothing, he gets a few extra million all outside the cap a la New England.
Exactly. Lol. This guy is a cheat. It’s legal. And he wins. But it not the same as a qb that wins with market value salary.
Don’t hate the player – hate the game.
I’m a huge fan. Clear goat. I’m saying it’s just not as accomplished as a Matt Stanford winning SB without any talent at all after 7 games into season.
No talent at all after 7 games? What team are you talking about?
He might be the worst qb to win a super bowl.
I’m a Lions fan, and also a Stafford fan. But did you just day he won the DB with no talent around him?
No. Without him being talented. His talent cast was the reason 100% his timing so bad.
How can he be a cheat if it’s legal?
You can cheat on your wife without breaking legality. Don’t act like this duality isn’t incomprehensible
And because he has cheated in the past. So you know he’s always pushing the envelope.
He didn’t take a pay cut. They moved cap damage into a void year. And whatever TB12 maneuvering you talk about don’t add up to what he takes less than market value. He’s made $300 million and he’s married to someone who’s made even more. That’s why he doesn’t go for every nickel.
Brady is in the last year of his contract so there is no “void” year.
It’s a “restructure” not an “extension” so the year earnings do not equate.
Upon a limited search I could not find anyone that adjusted there earning on a contract based on their spouse’s income. Any chance we can get more input upon this claim?
If you want to read about void years, may I suggest this very post?
And the spouse thing has been widely discussed for years. He’s been taking huge discounts, like eight figure discounts, for ages. How much do you think he’s getting them to pay a trainer?
If you do not get paid market value. You are taking a discount. Saying he’s the best in the league is not a good look for your argument. All the other elite qbs are maxed at market value. Sorry bro.
25 mil and there are 5 teams that would pay him 55. Lol. These restructures are dangerous too. I see them wheening it in the future.
Going into the broadcast booth is always the easy exit plan for a QB and though I’m not a big Brady fan, I do respect him for balking at that.
You know how often NFL quarterbacks take team-friendly deals? Zero times. It never happens – and never happened in Brady’s case. His money was simply delivered off the books.