Kraft declined to discuss the details of the deal with the 33-year-old Brady, one of four quarterbacks to win the Super Bowl three times.
The accord is worth $72 million, with $48.5 million guaranteed, making Brady the highest-paid player in the National Football League, ESPN said. Brady’s average annual pay will be $2 million more a year than New York Giants quarterback Eli Manning.
Brady reported to practice yesterday, hours after being involved in a two-vehicle accident near his Boston home, the team said. The driver of the van involved in the accident was cited for running a red light, the Boston Globe said.