The Boston Globe reported on Tuesday that the quarterback restructured his contract to create cap space so the Patriots could acquire the receiver.
On Sunday, the Patriots sent their fourth-round pick, the 110th selection overall, to the Raiders for Moss. With the draft choice acquired in the deal, Oakland drafted cornerback John Bowie from the University of Cincinnati.
ESPN's Chris Mortensen reports that Brady did not take a pay cut; rather, he restructured his current deal that runs through 2010.
As part of the trade, the Patriots were required to take on the $9.75 million that Moss was scheduled to earn. After the deal, Moss tore up his old contract and signed a one-year, $3 million deal that could be worth up to $5 million with incentives.
On the second day of the draft on Sunday, the Patriots received permission from the Raiders to speak with Moss about a possible trade.