Report: Pats, Brady finalize extension

Sports Network

, Last Updated: 9:21 AM ET

BOSTON -- The New England Patriots and quarterback Tom Brady have finalized a four-year contract extension worth about $18 million per season, according to a report from the Boston Herald.

The report, which cites a league source, said the deal will provide $48.5 million guaranteed. Sports Illustrated, which first broke the news, reported Thursday that the deal will keep Brady with the team through the end of the 2014 season, citing Patriots owner Robert Kraft.

Brady, a three-time Super Bowl champion and five-time Pro Bowl selection, is entering the 2010 campaign in the final year of a contract for the first time in his 11-year NFL career. He turned 33 in August and is set to make $6.5 million for the 2010 season, while the reported deal would make Brady the highest-paid player in league history.

The reports come on the same day Brady was involved in a car accident in Boston. He was unhurt and with the team at practice later in the day.

Brady was voted the NFL's Comeback Player of the Year by the Associated Press in 2009 after his successful return from a devastating left knee injury suffered in the first quarter of the 2008 season opener. He was coming off a record 2007 campaign in which the Patriots completed the NFL's first undefeated regular season in 35 years with Brady taking home league MVP honors.

New England finished 10-6 last year to win the AFC East, but was bounced from the playoffs in a wild card loss to the Ravens soon after.

For the season, Brady completed 65.7 percent of his passes for 4,398 yards with 28 touchdowns and 13 interceptions.


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