Monday's roundup: Brady reportedly gets 2-year extension

Associated Press

Foxborough, Mass.— Tom Brady reportedly has agreed to a two-year contract extension with the Patriots.

The deal will significantly lessen Brady’s salary cap hit for 2016, which would have been about $15 million. He was due to make $9 million next season, plus a $6 million bonus, and $10 million in salary in 2017.

Brady, 38, has often redone his contract to help the Patriots’ cap situation. Brady, a four-time Super Bowl champion, has said he plans to play well into his 40s. The extension would allow him to do so in New England.

The agreement was first reported by ESPN.

Brady also renegotiated his contract in 2013 to help reduce cap hits. New England was $13.6 million under the 2016 cap of $155.27 million before extending Brady.

Brady, of course, is an all-time great who could wind up the NFL’s leader in many career passing categories. He’s been to six Super Bowls and 10 AFC title games, including the last five.

Franchise tags

If Washington decides to place the franchise tag on quarterback Kirk Cousins, it will cost $19.95 million for 2016 under the values agreed upon by the NFL and the players’ union.

The franchise designation is worth the average of the top five salaries at a player’s position or 120 percent of the value of his 2015 salary, whichever is higher. Teams secure the rights to continue negotiations with that player even as the league’s free agency period begins, which this year is March 9.

The Jets reportedly will be placing the franchise tag on DE Muhammad Wilkerson. Baltimore has tagged kicker Justin Tucker and Chicago tagged wide receiver Alshon Jeffery.

Extra points

The Raiders signed punter Marquette King to a long-term contract extension to keep him off the free-agent market.

... Police in Scottsdale, Arizona, say Texans wide receiver Jaelen Strong has been arrested for marijuana possession in the Phoenix suburb of Scottsdale. A Scottsdale police spokesman says Strong was taken into custody late Sunday and later released.