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.

NHMS, Miller Lite extend deal for another 3 years

NASCAR: Who the Vegas wise guys like heading into Loudon

Goalie Danny Tirone to enroll at UNH for second semester after star's suspension for domestic violence

'Smoke' blows into New Hampshire with the law in his rear-view mirror

Man found unconscious at Winchester Speedpark Saturday

Too young to drive, but old enough for NHMS

Police examine speed, possible horseplay in golf cart fatality

Mass. man, 27, dies in golf cart accident at The Links at Outlook

Hanover's Sarah Groff competes in the women's triathlon final during the 2012 London Olympic Games.

Hanover Olympian in spotlight at Las Vegas Super Sprint

FHL makes it official, team planned for Berlin will play in North Adams, Mass. instead

Can NH soccer star Charlie Davies make a comeback?

Inside NIKEs secret sports lab; born in Exeter, now located in Oregon.

Concord Monitor decries gender pay gap in professional tennis

FHL franchise slated for Berlin may go to North Adams, Mass. instead

Eagles' Kelly says he learned his offense by studying defense while at UNH

Former Concord area youth baseball coach sentenced to 30 more years in prison

Maine boxer Brandon Berry making Fight to Educate history

Hudson family, classmates working to keep Alvirne soccer standout Raul Stedile in U.S.

Israel unrest moves meet for NH swim star

Race date for Oxford 250 moved from July to Aug. 30 next year

NH's Groff a highlight for U.S. at ITU World Triathlon Series Grand Final

Maine fighters Lamour, Berry on New Hampshire boxing card

Q&A with Matt Bonner as he weighs free agency

MORE

 New Hampshire Events Calendar
    

    SHARE EVENTS FOR PUBLICATION, IT'S FREE!

Upcoming Events

 New Hampshire Business Directory

  

    ADD YOUR BUSINESS TODAY!