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Reports suggest Bucs will announce Tom Brady signing on Wednesday

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If true, excitement has returned to Tampa Bay.

New England Patriots v Miami Dolphins Photo by Michael Reaves/Getty Images

The news that many have been waiting for has reportedly arrived.

According to award winning reporter JP Peterson, the Buccaneers will be signing quarterback Tom Brady and make that announcement Wednesday.

On the broadcast, Peterson said the following:

“Two sources earlier said deal is almost done. Another source, a better source, says the deal is not official but are working out the final details. This last source is the most trustworthy

“Brady has decided he wants to play for the Buccaneers. Now it’s just about the terms of the contract.”

He later added that Brady instructed his agent, Don Yee, to “get the deal done” with the Bucs.

If that’s not enough, a report out of Boston is now reporting the same thing.

It’s not over until he can officially sign so there is more room for this to fall through. But boy does this seem to be becoming a reality.

UPDATE (Tuesday March 17, 7:00 p.m.): This really appears to be happening. ESPN’s Adam Schefter tweeted the following out and reported it live on ESPN:

Now, with the caveat that no signing date or announcement is officially set up, there’s no telling how long we’ll have to hope against “anything unforeseen” happening. But when Schefter is tweeting it, you know you can trust it.

As far as something official from the Bucs or Brady himself... The wait continues. Stay tuned.

UPDATE (Tuesday March 17, 7:08 p.m.): NFL Network’s Ian Rapoport says the deal between the Bucs and Brady has been agreed to in principle and that it’s believed to be worth around $30 million per year: