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NFL-Brady, Patriots agree on two-year extension, report (Reuters)

Feb 29 (The Sports Xchange) - The New England Patriots and quarterback Tom Brady reportedly agreed to a two-year contract extension through the 2019 season when he will be 42.

According to ESPN's Adam Schefter and Dianna Russini, Brady's salary-cap charge for 2016 was scheduled to be a team-high $15 million and the extension would lower that number.

Brady, who turns 39 in August, has two years left on his existing contract, paying him $9 million in 2016 and $10 million in 2017.

The deal with Brady was not officially signed as of Monday morning.