New contract for Brady

New England Patriots quarterback Tom Brady has reportedly signed a contract extension which will keep him at the team through 2019.

According to ESPN’s Adam Schefter, four-time Super Bowl winner Brady, who turns 39 in August, has agreed a two-year extension to his existing contract, keeping him with the franchise for four more seasons.

It means that Brady could still be playing at the very highest level at 42 years old, in what would also be the quarterback’s 20th year in the NFL. That would make him just the fourth player in NFL history to play 20 or more seasons with the one team.

The financial side of the agreement is unclear at this stage, although Brady has a $9m guaranteed salary for 2016 and $10m in 2017 on his current contract.

Brady carries a salary cap hit of $15m for the coming year, and $16m the following, although that number is now likely to come down after the extension is finalised.

It means that four-time Super Bowl winner Brady will be contracted to the club until he is 42 years old.

The financial side of the deal is unclear at this stage, although Brady is scheduled to cost $15m against the Patriots’ 2016 cap and $16m to their 2017 cap.

He enjoyed another successful season in 2015, throwing for 4,770 yards and 36 touchdowns, as he led the Patriots to the AFC Championship game, where they lost to Brady’s long-time rival Peyton Manning and eventual Super Bowl winners, the Denver Broncos.

It could signal the end of Jimmy Garoppolo’s time in New England. The second-round draft pick from 2014 hasn’t had a chance to show what he can do due to Brady’s continued form and success, and a trade could now be a possibility. Although, it is worth noting that the third-year quarterback out of Eastern Illinois is tied down until 2017.