Tom Brady agrees to 3-year extension

The Patriots and QB Tom Brady have agreed to a 3-year contract extension.  Brady is now signed in New England through 2017.  He'll be 40 years old when the deal expires, essentially guaranteeing that Brady will retire a Patriot.  What's more interesting is that the new part of the contract pays Brady "just" $27 million -- or $9 million per year.  That's significantly less than the going rate for top QBs.  Remember that Joe Flacco is asking for something in the $20-million-per-year range.  The move gives the Pats some much-needed salary cap relief.  They're expected to save about $15 million against the cap over the next 2 years.  So Brady is locked in with New England, and his team will be able to spend more on free agents.  The news gives Brady's dynasty stock a nice boost.

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