The New England Patriots and quarterback Tom Brady agreed to a two-year extension that will pay Brady $ 23 million this year, a source told ESPN's Adam Schefter.
The new contract will make Brady the sixth highest-paid quarterback in the league, a source said, linking him to Drew Brees of the New Orleans Saints.
Brady would have become an unrestricted free agent after the 2019 season. He was scheduled to earn $ 15 million this season.
The news of the extension comes a day after Brady celebrated his 42nd birthday.
On Wednesday, Brady dismissed a question about whether he felt he deserved an extension, but spoke enthusiastically about his relationship with the Patriots and staff.
"I appreciate this team and the opportunity it gave me in 2000," Brady said Wednesday. "Game for a great coach in Coach [Bill] Belichick and [offensive coordinator] Josh [McDaniels] and I have an excellent working relationship I love the Lord [Robert] Kraft and his family. We have had incredible success. Hopefully we can move on. "