After loads of drama surrounding Thomas Edward Patrick Brady Jr. aka Tom Brady on his retirement from the NFL early this year sparking a ton of controversy, it has since been continuously debated as to whether he is retired or not.

Brady only took a year off from playing last year. Before deciding to return for one final ride, he had spent 40 days away from the league. But, according to recent reports, he is finally on his way to retiring soon. And this time for real. 

This is true, and not just because he said so in his farewell video posted to Twitter. But, another source confirms the same. American football quarterback formally announced his retirement on Friday, February 10, according to ESPN’s Adam Schefter.

Tom Brady
Tom Brady

According to Schefter’s report, Brady sent a letter to the NFL Players Association ten days after announcing his retirement. In it, the legendary quarterback reportedly reiterates his decision to give up playing football. 

Also Read: Tom Brady’s Potential Love Interest, Paige Spiranac After His Breakup With Gisele Bündchen Is Not Ashamed Of Her Explicit Content

Additionally, the letter ‘silences’ any consideration of his comeback, according to ESPN’s Senior NFL Insider.

Tom Brady officially submits his retirement documents!

Tom Brady appears to have taken a step in the direction of formalizing it.

Retirement involves more than just declaring your retirement, just like with any job. Paperwork is also involved. Also, several things get started when the former American football quarterback reportedly files paperwork with the NFL and NFLPA.

First of all, according to Adam Schefter, he is now eligible to be elected into the ‘Pro Football Hall of Fame’ in 2028; Brady will be chosen on the first ballot. Second, the majority of his $35 million dead cap hit is reportedly owed by the Buccaneers. The team cannot allegedly restructure his contract because of his retirement in February, according to Jenna Laine of ESPN. 

Tom Brady
Tom Brady

Laine continued,

The Buccaneers could have changed the voidable years to spread out the cap hit if the retirement had been processed after June 1.” 

In his Let’s Go podcast with Jim Gray, the former American football quarterback claimed he isn’t making a comeback now. To put it another way, all evidence suggests that this retirement is indeed real. It’s not completely impossible for Brady to change his mind this time around, but he appears to be making every effort to do so.

Also Read: Divorce Did Not Stop Tom Brady from Seeking Advice from Gisele Bündchen Before Retiring From The NFL

His latest decision hurts the Buccaneers in 2023!

According to reports, Tom Brady was expected to agree to a one-year contract with the Buccaneers in order to remain on the team until after June 1. The Buccaneers, who are currently $55 million over the cap, could recover about $24 million with this move, as reports claim. 

It goes without saying that clearing out that much space would be beneficial for a team allegedly determined to field a competitive roster in 2023. But now, it will be much more difficult to achieve that. Actually, it will be a lot, a lot harder.

Tom Brady
Tom Brady confirms his retirement

The main reason is that the Buccaneers allegedly don’t have many sane options for the contracts they can renegotiate. Though, the good news is that the former footballer reportedly won’t count $11 million toward the cap until 2024 when he will be officially off the books. 

In any case, the Buccaneers will allegedly suffer as a result of Brady’s decision to file for retirement in 2023.

Also Read: Tom Brady Uses Retirement Card To Troll Himself in a Bid To Make More People Watch His New Movie

Source- Twitter status-Senior NFL Insider

 

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