Photo Credit: Robert DeutschNew England Patriots quarterback Tom Brady has taken a steep discount on the going rate for elite NFL quarterbacks to help the team allocate money elsewhere and make at least one more title run in his career, according to a person familiar with the agreement.
The person spoke to USA TODAY Sports on condition of anonymity because the team has not yet announced the move.
Sports Illustrated’s Peter King first reported Brady has agreed to a three-year extension at $27 million, less than half the $20 million-per-season rate the New Orleans Saints’ Drew Brees received last year and the mark the Baltimore Ravens’ Joe Flacco hopes to eclipse this year.
The person familiar with the agreement said Brady will receive a signing bonus of $3 million, along with base salaries of $7 million, $8 million and $9 million in 2015-17, respectively.
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