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Tom Brady announced that he is retiring from the NFL “for good,” but he isn’t retiring from football-related work.
He agreed to a 10-year, $375 million broadcast deal with Fox Sports in 2022 to be the network’s top NFL game analyst.
Fox
FOX,
FOXA,
CEO Lachlan Murdoch announced the news in May 2022 and said Brady will serve as an analyst and “ambassador” for Fox. Brady will also handle some “client and promotional initiatives,” according to Murdoch.
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In 2024, Brady, 45, will become Fox’s lead color commentator for NFL games alongside Kevin Burkhardt.
“That’s great for me,” Brady said during an appearance on FS1’s The Herd With Colin Cowherd about not starting his broadcasting career until the fall of 2024. “Take some time to really learn, become great at what I want to do, become great at thinking about the opportunity and making sure I don’t rush into anything.
“I think when people really bet on me; one thing about my career — whether it’s when I was drafted with the Patriots or signing in free agency with the Bucs — I want to be fully committed and I never wanted to let people down. I think my biggest motivator was that,” Brady continued.
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Fox is broadcasting the Super Bowl this Sunday, and it will be announced by regularly scheduled commentators Kevin Burkhardt and Greg Olsen.
Representatives for Fox Sports did not respond to MarketWatch’s request for comment on this story.
Contracts for NFL TV analysts have ballooned in recent years, with Walt Disney
DIS,
unit ESPN signing Troy Aikman to a reported five-year, $90 million contract, and Joe Buck inking a five-year deal for $75 million.
Brady was paid $30 million by the Buccaneers last year, according to contract data from Spotrac, and he has amassed around $500 million from salary and other earnings during his career.
Assuming Brady executes the entirety of his reported Fox contract, he will end up making more as a broadcaster than he did as an NFL quarterback.
Fox Sports parent Fox Corp. and News Corp
NWSA,
the parent of MarketWatch publisher Dow Jones, share common ownership.
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