Fox Sports releases statement refuting Tom Brady contract report

After multiple reports surfaced Tuesday morning that Tampa Bay Buccaneers quarterback Tom Brady, who briefly retired this offseason before returning to the team, has agreed to become a Fox Sports broadcaster when the end does come. With figures placed at 10 years and $375 million, he would make him the highest-paid color commentator by a wide margin.

However, Fox Sports has since released the following statement refuting multiple reports about their deal with Tom Brady from Tuesday morning, although they did not deny all details from the story.

“What has been reported isn’t an accurate description of the deal and we have not released details beyond what was disclosed on our quarterly earnings call,” Fox Sports said, via John Ourand of the Sports Business Journal.

The numbers placed on the contract were first reported by the New York Post’s Andrew Marchand, who released the details hours after Front Office Sports reported a number somewhere between $20-25 million per year with a total value over $200 million.

More about Tom Brady’s Fox Sports deal

Fox CEO Lachlan Murdoch made the news official about Tom Brady’s future during an earnings call Tuesday morning. The deal takes effect when Brady retires — whenever that may be. At that time, he will join Kevin Burkhardt, who was recently promoted to replace Joe Buck as Fox’s No. 1 analyst after Buck departed to join Aikman at ESPN as the new Monday Night Football booth.

The reported contract would be more than double what Tony Romo makes to work alongside Jim Nantz at CBS and what Troy Aikman will make at ESPN combined. The duo combines to make $33.5 million, according to Marchand.

The deal, whatever the financial terms are, has been in the works for some time. Ourand reported Fox and Brady began negotiations shortly after Aikman left Fox for ESPN — which happened while Brady was initially retired.