New on SI: Report: Tom Brady Agrees to One-Year Extension With Buccaneers

It looks like Tom Brady's time in Tampa Bay won't be over after 2021.

Tom Brady's time in Tampa Bay won't be over after the 2021 season.

Brady and the Buccaneers have agreed to a one-year extension that locks him in through 2022 and also gives the team some cap room, according to

multiple reports.

After signing a two-year, $50 million deal last offseason, Brady has one year left on his original deal. 

Brady and the Bucs are fresh off of his seventh Super Bowl victory, where he also won his fifth championship MVP trophy. The veteran quarterback will be 44 in August and has previously stated that he would "consider" playing past 45.