Patriots and Brady Making Progress Toward New Deal

Ian Logue
July 25, 2010 at 11:51pm ET

Patriots pick up fourth-round compensatory pick
Patriots LB David Harris announces retirement
‘Philly Special’ was drawn up by a mad-scientist coach on a South Carolina baseball field in 2011
Which game is best? Ranking the Patriots 2018 schedule
Marcus Hayes: Eagles lost key piece when Josh McDaniels slithered back to New England

Adam Schefter of ESPN reported a few minutes ago that Tom Brady and the Patriots are making progress on a contract extension that could get done this summer.

According to the report a source familiar with the negotiations said that things are "positive" between the two sides, saying that if a deal can't be completed, it will be primarily because of "how complex the contract is and how difficult it is to complete it without knowing the specifics of the NFL's next collective bargaining agreement".

As we've heard there has been plenty of talk which speculated that Brady's new deal may likely depend on what type of contract Colts quarterback Peyton Manning receives.  However, according Schefter - who cites league sources - at this time, "the Patriots and Brady appear to be the furthest along in their conversations".

After an earlier report where we learned Brady was in Foxboro on Sunday for the first day of Training Camp for the rookies, things are definitely starting to look up as we head into the final days before camp opens up on Thursday.

THE LATEST FROM PATSFANS.COM: