Tom Brady has signed on the dotted line. And the exact terms of his contract have finally been revealed.

As reported by NFL insider Adam Schefter, Brady inked a 2-year, $50 million deal with the Tampa Bay Buccaneers. The money is fully guaranteed, and Brady will have the ability to earn up to an additional $9 million in incentives over the course of the contract. These incentives are evenly divided over the two years and are connected to his performance in both the regular season and post-season.

The contract also includes clauses which prevent Tampa Bay from trading Brady, or placing the franchise tag on him.

Excited, humbled, and hungry…

It’s how Brady began the caption of an Instagram post, in which he is seen signing the actual paperwork. “I’m starting a new football journey and am thankful for the @buccaneers for giving me an opportunity to do what I love to do,” the caption reads.

Brady announced to the world this past week his intentions to leave New England after 20 seasons with the team. On Wednesday, it was reported that he had decided to join Tampa Bay. There was a brief delay on Thursday as the language in his contract was being finalized by both sides.

Brady will be joining forces with an already formidable passing attack in Tampa Bay. Led by a couple of 1,000-yard receivers in Mike Evans and Chris Godwin, and two capable tight ends in O.J. Howard and Cameron Brate, the offense provides Brady with plenty of weapons at his disposal. On paper, it seems to be an ideal fit for a QB who severely lacked playmakers the previous season.

For what it’s worth, Brady is set to return to free agency at the end of the 2022 season (if he’s looking for a new contract). He will turn 45 that year.