KEY POINTS

  • Tom Brady announced Sunday that he will return to the Tampa Bay Buccaneers next season
  • He is set to make over $27.27 million this year under his new contract with the Buccaneers, reports say
  • The three-time MVP made about $293 million in salary and bonuses in his 22 years in the NFL

Tom Brady has announced that he will return to the Tampa Bay Buccaneers next season, which will mark his 23rd season in the NFL.

Less than two months after announcing he was retiring from the NFL, the seven-time Super Bowl winner said Sunday that he has an unfinished business and is coming back.

“These past two months I’ve realized my place is still on the field and not in the stands,” Brady, 44, wrote on Twitter. “That time will come. But it’s not now. I love my teammates, and I love my supportive family. They make it all possible. I’m coming back for my 23rd season in Tampa.”

Prior to announcing his retirement, Brady was not a free agent and was under contract with the Buccaneers for one more season.

He is slated to make over $27.27 million this year under his new contract with the Buccaneers, according to Spotrac.

The quarterback's cap hit for the 2022 NFL season is $20.27 million but carries a dead cap hit of $15 million, Fansided noted.

Brady spent his first 20 NFL seasons with the New England Patriots, leading the franchise to six Super Bowls. He transferred from his longtime home to the Tampa Bay Buccaneers in 2020 and won his seventh Super Bowl ring with the team last year.

Across more than two decades in the NFL, the three-time MVP made about $293 million in salary and bonuses, according to Spotrac.

When he was with the Patriots, Brady earned $230 million between 2000 and 2019. During this period, he also made an additional $100 million from various endorsements.

In 2021, Brady landed at no. 9 on Forbes’ list of highest-paid athletes in the world with $76 million in total earnings. Of this figure, $45 million came from football, while $31 million came from various endeavors and endorsement deals with brands such as eyewear maker Christopher Cloos and apparel juggernaut Fanatics.

Aside from his football salary and endorsement deals, Brady is also making money through his various businesses, including his wellness brand TB12.

In 2020, Brady launched a film production company called 199 Productions. He also launched an NFT platform called “Autograph” the following year.

Brady is estimated to be worth about $250 million by Celebrity Net Worth. His wife, supermodel Gisele Bundchen, is believed to be even richer with an estimated net worth of $400 million. Combined, the husband and wife are worth $650 million.

Tom Brady will retire from the NFL after 22 seasons that includes a record seven Super Bowl titles, according to multiple reports on Saturday
Tom Brady will retire from the NFL after 22 seasons that includes a record seven Super Bowl titles, according to multiple reports on Saturday GETTY IMAGES NORTH AMERICA via AFP / Michael Reaves