Brady is ready to put his football career on hold for a new one.
The quarterback and the Patriots have agreed to a contract extension that will pay him $114 million over four years, with the player and team having to pay him the full $118 million.
He’s also reportedly set to make $2 million more in signing bonuses.
Peyton Manning is a free agent.
The extension is likely to help keep Brady in the league.
The four-time Super Bowl champion has a $60 million cap hit over the next two seasons and has already started to wear down under the pressure of playing in the first Super Bowl since 2006.
He’ll also get $11 million guaranteed for the next four years.
“This is a deal that I’m excited to be part of,” Manning said in a statement.
“I am excited about the opportunity to contribute to a Superbowl championship for my hometown team.
This contract is just the beginning and I look forward to working with our front office and coaching staff to make this Super Bowl my last.”
Brees is set to earn $10 million for the first four years of the deal.
The deal will also pay him a $4 million signing bonus and a $1 million roster bonus for next season.
It’s the first time that the two players have teamed up since the 2002 season.