To no one’s surprise, the Bucs restructured quarterback Tom Brady’s contract, creating about $9 million in salary-cap space.
Before that move, the Bucs had only a little more than $1 million in cap space, according to overthecap.com.
After announcing his retirement in February, Brady stunned the NFL shortly afterward by saying he would play another season with the Bucs. He still will be an unrestricted free agent after the upcoming season.
Brady signed a two-year, $50 million deal with the Bucs in March 2020, then agreed to a one-year extension after winning the Super Bowl 31-9 over Kansas City.
– Joe Henderson, Extensive Enterprises Media