Patriots, Brady agree to extension
It seems like Tom Brady will be a New England Patriot for life.
The Patriots and Tom Brady agreed to a three-year, $27 million extention, according to Sports Illustrated's Peter King (via ProFootballTalk). Brady's new extension has him locked up till the age of 40 in 2017.
The Patriots will pay Brady base salaries of $7 million in 2015, $8 million in 2018 and $9 million in 2017 with an immediate $3 million signing bonus. The new extension will provide the Patriots will some relief under the salary cap and make it more feasible for New England to re-sign Wes Welker.
Last season, Brady threw for 4,827 yards, 34 touchdowns and eight interceptions.
Redskins considering legal action on NFL
Last season, the NFL took away $36 million in cap space from the Redskins.
The Redskins filed a grievance in response to recover the cap dollars last season, but now with half of the penalty to hit their 2013 salary cap, the team is threatening the league's position.
According to Mark Maske and Mike Jones of the Washington Post (via ProFootballTalk), the Redskins are telling those in Indianapolis that they may be considering legal action, which could delay the start of free agency.
"They have a plan," one person familiar with the team's thinking told the Washington Post. The source believes the Redskins "have very good arguments" for restoring their cap space.
The Redskins declined to comment through a spokesman.
Raiders want Palmer to take pay cut
With Raiders general manager Reggie McKenzie stating there will be open competition for their quarterback position, it's reasonable to sense the Raiders don't want to pay Carson Palmer as a franchise quarterback.
According to ESPN's Adam Shefter (via ProFootballTalk), the Raiders will try to "restructure" Palmer's contract.
As of now, Palmer is due to make $13 million in 2013.
Last season, Palmer threw for 4,018 yards, 22 touchdowns and 14 interceptions.