New England is left with $13 million in salary cap space, money that will most likely go to extending a core group of defensive players. The likes of Jamie Collins, Dont'a Hightower, Chandler Jones, and Malcolm Butler have contracts expiring after the 2016 season.
The deal with Brady is not yet signed, and sources say it may not be signed for a while. The 38-year-old plans to play into his 40s with this new deal, something he has always wanted to do.
The age factor has not yet kicked in for Brady as he set a record for TD-INT ratio among quarterbacks at least 38 years old in 2015. He recorded 36 touchdowns and seven interceptions, beating out Brett Favre in 2009, and Peyton Manning in 2014.
The Patriots' backup Jimmy Garoppolo is signed through the 2017 season, and with Brady showing no signs of letting up, and now signed two years after that, it may be all Garoppolo has left in his stint with New England.