Tom Brady is taking a pay cut, but he'll be a Patriot until he is 40 years old.
The 35-year-old two-time league MVP quarterback agreed to a three-year contract extension with New England on Monday, reportedly worth about $27 million. The deal, which runs through the 2017 season when he'll be 40, will free up nearly $15 million in salary cap room as the team tries to re-sign or negotiate with younger players.
A three-time Super Bowl champion, Brady will make far less in those three seasons than the going rate for star quarterbacks. Brady currently has a four-year, $72 million deal with $48 million guaranteed.
Drew Brees and Peyton Manning are the NFL's highest-paid quarterbacks, at an average of $20 million and $18 million a year, respectively.
By taking less money in the extension and redoing his current contract, Brady hopes New England can surround him with the parts to win more titles. Among the Patriots' free agents are top receiver Wes Welker and his backup, Julian Edelman; right tackle Sebastian Vollmer; cornerback Aqib Talib; and running back Danny Woodhead.
• Philadelphia released veteran defensive tackles Cullen Jenkins and Mike Patterson.
Federer storms back to advance
DUBAI, United Arab Emirates - Roger Federer rallied past Tunisian wild card Malek Jaziri 5-7, 6-0, 6-2 to reach the second round of the Dubai Championships.
The second-ranked Federer is looking for his sixth title in Dubai. He next faces Albert Montanes or Marcel Granollers.
The 128th-ranked Jaziri broke serve to go up 6-5 in the first set and closed it out with a backhand down the line. But the 17-time Grand Slam champ Federer dominated from that point on, racing through the second set in 23 minutes and breaking Malek twice in the third set.
Daytona has best rating since '06
DAYTONA BEACH, Fla. - With Danica Patrick starting from the pole, the Daytona 500's preliminary television ratings were much higher than last year's.
Sunday afternoon's race earned a 10.0 overnight rating and 22 share on Fox, the network said Monday. That's up 30 percent from 2012, when rain pushed the event to a Monday night. It was the highest overnight rating since 2006. Jimmie Johnson won the race while Patrick was eighth, the best finish by a woman at the Daytona 500.
• In college football, Louisville defensive line coach Clint Hurtt faces allegations of receiving and providing impermissible benefits while an assistant at Miami. The NCAA says Hurtt received a $2,500 loan and provided perks to Hurricanes recruits.
• Major League Soccer is sending its youth academy coaches to study abroad. Personnel from teams in North America's top pro league will visit France's national training center in Clairefontaine as part of a 16-month program designed to raise the talent level throughout MLS.
• FIFA has given worldwide bans to 58 soccer players and officials found guilty in Chinese match-fixing cases.