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FOXBOROUGH, Mass. (AP) — Tom Brady reportedly has agreed to a two-year contract extension with the New England Patriots.

The deal will significantly lessen Brady’s salary cap hit for 2016, which would have been about $15 million. He was due to make $9 million next season, plus a $6 million bonus, and $10 million in salary in 2017. Brady, 38, has often redone his contract to help the Patriot...