BOSTON (CBS) — Tom Brady officially signed his contract with the Tampa Bay Buccaneers on Friday. We now know the details of the quarterback’s new deal.
Brady left the Patriots after a 20-year career in New England to sign a two-year contract with the Bucs, with a base salary of $50 million — all guaranteed — according to ESPN’s Adam Schefter. Brady can earn another $4.5 million in incentives each year.READ MORE: OB-GYN Associations Recommend All Pregnant People Get Vaccinated Against COVID-19
Tom Pelissero broke down the details even more, highlighting Brady’s incentives:
Tom Brady contract:
$10M roster bonus, $15M salary each year (fully guaranteed)
Up to $2.25M each year tied to Top 5 in passer rating, TDs, yards, comp %, yards per pass
Up to $2.25M each year tied to playoffs, playoffs + play-time, Super Bowl + play-timeREAD MORE: 'We Want Answers': Friends Say Death Of Saugus Woman While Hiking In Arizona Needs To Be Further Investigated
Base $50M. Max $59M.
— Tom Pelissero (@TomPelissero) March 20, 2020
The deal also has a no-trade clause, according to Schefter, and the Buccaneers cannot franchise tag Brady at the end of the contract. That makes it seem like Brady is looking to get one more contract before he calls it a career.
Brady made $23 million with the Patriots last season, with over $20 million of that part of his signing bonus. It was the highest amount Brady made annually during his career with the Patriots.MORE NEWS: Body Believed To Be Missing Man Kevin Mahoney Found In Water Off Newburyport
According to NFL Media’s Ian Rapoport, Brady did not express a desire to return to New England, so the Patriots never made Brady a contract offer this offseason. Only the Bucs and Chargers made him offers.