action:article | category:SPORTS0401 | adString:SPORTS0401 | zoneID:40

Home » Sports » Football » Patriots/NFL

February 25. 2013 9:18PM

QB Tom Brady, Patriots agree on 3-year contract extension

Quarterback Tom Brady reached agreement with the New England Patriots on a three-year extension that will keep him under contract with the team until he is 40, SI.com's Peter King reported Monday.

The extension, which will keep him in New England through the 2017 season, is worth just $27 million over the three years. That sounds like a lot of money, but it's a lot less than a quarterback of his caliber could command in the open market.

According to the report, Brady is willing to accept less money because it will allow the Patriots to stay competitive for the next five seasons.

The extension will pay Brady a $3 million signing bonus immediately. It then calls for Brady to earn salaries of $7 million in 2015, $8 million in 2016 and $9 million in 2017.

The way the extension is structured gives the Patriots considerable cap relief.

He was due to count $43.6 million against the New England salary cap in 2013 and 2014.

But with the new deal, his salary will count just $28.6 million against the cap in the next two years.

Gronk has surgery for arm infection

Patriots tight end Rob Gronkowski underwent surgery last week for an infection in the arm that was broken twice this past season, according to a report.

The infection was in its early stages and not expected to keep him from missing extended time in training camp, ESPN reported.

Gronkowski broke his left forearm in a Nov. 18 game against Indianapolis.

After missing five games, he returned for the final regular-season game against Miami but rebroke the arm in a Jan. 13 playoff game against Houston. The procedure to treat the infection was his third surgery on the arm.

The cast from the second break had come off earlier this month and Gronkowski was hoping to return to workouts, which now will be placed on hold while he again recovers.

In 11 games during the 2012 season, Gronkowski caught 55 passes for 790 yards and 11 touchdowns, giving him 187 receptions for 2,663 yards and 38 TDs in three NFL seasons.

 NH Sports Angle more
Links to news and happenings around the world of sports with a Granite State connection, updated daily.

Mariano Rivera's son to pitch for NH squad

Kevin Davis, CEO and president of Bauer Performance Sports, displays Bauer Hockey's latest innovation in hockey skates — the Vapor APX 2 with easily changeable skate blades in this 2013 file photo.

Exeter-based Bauer continues to expand beyond hockey with $330M purchase of baseball firm Easton-Bell

Hollis-Brookline head football coach resigns unexpectedly

New owners for Waukewan Golf Club

Matches announced for USA v. Cuba clash at Rockingham Park this weekend

Boston Marathon victim Jeff Baumann throws out the first pitch prior to the start of a game against the Philadelphia Phillies at Fenway Park last year.

Service's creed on display in support of airman affected by Boston bombing

40-year-old Manchester mechanical engineer wins MMA decision

New Hampshire Motor Speedway touts viability of casino site in Loudon

USA Knockouts Tamed in Cuba

U.S., Cuba boxers clash in Havana, U.S. bouts set for Rockingham Park in Salem

Lee USA Speedway opens season April 13

Newmarket woman plans world-record cross-country run for charity

CHIP KELLY

Is Chip Kelly racist?

World Series of Boxing event moved to Rockingham Park - USA vs. Cuba

Manchester man in top 30 candidates for Padres public address announcer

NH man helps MLB players deal with stresses on, off the field

Review of the 2014 Toronto Blue Jays Minor League Handbook

New Hampshire Motor Speedway may run Sprint Cup race in 2015 under the lights

How Boston lost the Patriots and 'New England' grabbed the NFL's 'Gold Standard'

Twin State Speedway gets new manager

Yale promotes former UNH coach to offensive coordinator

Bulldogs sign UNH's Nick Sorkin

Flyers Notes: Flyers sign speedy New Hampshire forward

Tom Duvall of Durham to compete for Navy in NCAA swimming events

Positive thoughts motivate more exercise says UNH study

MORE

 New Hampshire Events Calendar
    

    SHARE EVENTS FOR PUBLICATION, IT'S FREE!

Upcoming Events

 New Hampshire Business Directory

  

    ADD YOUR BUSINESS TODAY!