Brady was scheduled to get a deferred $15 million bonus paid in February, and his contract allowed for Bucs to ask for $16 million to be repaid if he retired. Looks like neither of those will go through, essentially a wash. Huge help for Bucs from a cap standpoint down the road.
— Greg Auman (@gregauman) February 28, 2022

The Tampa Bay Buccaneers will get some deferred salary cap relief on Tom Brady’s contract following his retirement.
While the Bucs will still have to eat $8 million in dead cap space in 2022, that number will be $9 million, per Greg Auman of The Athletic. That’s a total dead cap hit of just $17 million, instead of the $32 million it could have been, Auman points out.
It won’t do much to help the Bucs this offseason, but that difference will be a huge boost in 2023, when the team will have more key free agents to retain.
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