Patriots, Tom Brady working to restructure contract

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The New England Patriots and Tom Brady are reportedly working on a contract overhaul that would pay the veteran quarterback more money in performance-based incentives.

Schefter and NFL Network's Ian Rapoport said Brady could add as much as $5 million to his 2018 earnings.

Brady is now scheduled to make $15 million this season, and the team is adding the incentives to bring him to closer to the market, the source told Schefter.

Brady, the reigning Most Valuable Player who turns 41 on August 3 and is entering his 19th season under coach Bill Belichick, has two years remaining on his contract.

Brady, 41, had perhaps his finest season in 2017, completing 66% of his passes for a league-leading 4,577 yards and 32 touchdowns, helping the Patriots reach the Super Bowl.

Even with his salary likely to sit at roughly $20 million, Brady will be a bargain among quarterbacks of his calibre.

Matt Ryan of the Atlanta Falcons ($30 million annually) and Kirk Cousins of the Vikings ($28M annual average value) raised the bar for quarterback salaries in the offseason.

A sought-after endorser, Brady earned a total of $44 million in 2016, according to Forbes.

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