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Tom Brady agrees to deal to remain with Buccaneers through 2022 season

Tom Brady's deal will save the Buccaneers about $19 million in salary-cap space this year.
Tom Brady's deal will save the Buccaneers about $19 million in salary-cap space this year.Steve Luciano/Associated Press

The Tampa Bay Buccaneers have locked in quarterback Tom Brady for another season.

On the same day the Patriots agreed to a one-year contract with Cam Newton, Brady and the Bucs struck a deal that will keep him in Tampa through the 2022 season, a league source confirmed Friday.

When Brady signed with Tampa Bay last March, the contract was for two years and $50 million. Now, the Buccaneers have not only secured Brady for at least one additional year, they’ve also created some considerable salary-cap relief in an effort to retain as much of their Super Bowl squad as possible.

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“When we acquired Tom a year ago, we were extremely excited about the leadership, poise, and winning track record that he would bring to our locker room,” Buccaneers general manager Jason Licht said in a statement. “Since that time, he has proven himself to be the ultimate competitor and delivered in every way we had imagined, helping us capture the Lombardi Trophy.

“Year after year, Tom proves that he remains one of the elite quarterbacks in this game and we couldn’t be happier to keep him in Tampa Bay as we continue to pursue our goals together.”

The way Brady’s extension is structured, the agreement will save the Buccaneers about $19 million in salary-cap space this year. Prior to the deal, Brady carried a hefty $28.4 million cap number.

Among the team’s free agents are tight end Rob Gronkowski, linebacker Shaq Barrett, wide receiver Antonio Brown, running back Leonard Fournette, and defensive end Ndamukong Suh.

Brady, who turns 44 in August, has been clear about his intentions to play until he’s 45 and possibly beyond.

Back in November 2019, TB12 trainer and business partner Alex Guerrero indicated Brady would continue to prolong his career.

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“Every year, he just adds another year,” Guerrero told WEEI’s “The Greg Hill Show” at the time. “He goes in and he’s like, ‘Guys, I feel so good still. I think I am going to go till 45.’ I am like, ‘OK.’ Now he’s like, ‘Alex, I think I can go like 46 or 47.’ "



Nicole Yang can be reached at nicole.yang@globe.com.