How Tom Brady’s 1-Year Contract Extension Impacts Buccaneers’ 2021 Salary Cap

Steve Luciano/Associated Press

Tom Brady restructured his contract with the Tampa Bay Buccaneers on Friday, adding another year under team control while clearing up cap space for the rest of the team.

ESPN’s Adam Schefter broke down the effects of the new extension:

According to Jeremy Fowler of ESPN, the deal lowers his previous cap hit of $28.375 million. Tampa Bay was almost $3 million over the cap prior to the restructure, per Spotrac.

This article will be updated to provide more information on this story as it becomes available.

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