Tampa Bay Buccaneers to restructure Tom Brady’s deal to create $9M in cap room

TAMPA (Fla.) — The Tampa Bay BuccaneersHave restructured the quarterback contract Tom BradyA source said that the news was relayed to ESPN’s Adam Schefter by a source on Friday.

This move allows the Bucs to free up $9 million of salary cap space, which is something they could definitely use. Prior to the move the Bucs had just $4.4million in salary cap space, ranking them sixth in the league.

Tight end Rob GronkowskiThe free agent is not bound to any contract and he will continue to be available for the next season. Defensive lineman Ndamukong SuhUnsigned remains, though it is believed that the Bucs would like Suh to retire earlier than he did.

The Bucs will also require $3 million to sign their draft picks for 2022.

Brady and the Bucs agreed last offseason that Brady would be extended for one year to meet salary cap requirements. It saved $19 million. Brady will remain an unrestricted agent free in 2023, despite this agreement.

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