Brady's new deal includes $57 million guaranteed

Quarterback Tom Brady and the New England Patriots hammered out a contract extension through the 2017 season, but contrary to initial reports, Brady didn't exactly accept a home-town discount or leave millions on the table.

Brady's deal includes $57 million guaranteed, including a $30 million signing bonus and $1 million base salary in 2013.

The "bargain" motive for the Patriots was to reduce his scheduled salary cap charge from $43.6 million combined in 2013 and 2014.

Not including incentives or escalators, Brady's cap charge dropped significantly to $28.6 million -- $13.8 million in 2013 and $14.8 million next season.

Brady can earn $2 million next season in base salary.