Report: Brady to earn roughly $41M in 2021 under new contract

Tom Brady will be due $41.075 million for the 2021 campaign as part of his new contract, NFL Network's Tom Pelissero reports.

Brady's new deal with the Tampa Bay Buccaneers is a two-year, $50-million pact that runs through the 2022 season, Pelissero adds. The quarterback was already under contract for 2021, but his new deal bumps his earnings for this season while adding another year. There are also postseason incentives involved and three void years following 2022.

With just over $41 million reportedly coming his way this year, Brady will be due just $8.925 million in 2022. The contract's structure makes another extension possible next offseason should Brady want to continue playing, Pelissero notes.

Brady's 2021 salary-cap number will be just $9.075 million, giving the Buccaneers additional flexibility this offseason.

Tampa has spent the majority of the offseason working to re-sign its own players. The team already franchised tagged receiver Chris Godwin and signed linebacker Lavonte David to a two-year extension.

Brady, 43, led the Buccaneers to a Super Bowl in his first season with the club. He's previously mentioned the possibility of playing past the age of 45.