The 44-year-old quarterback, who was seen meeting Cristiano Ronaldo at Saturday’s Manchester United game, made the shock announcement via social media on Sunday.
The Buccaneers have responded by welcoming his decision, stating they will reload for another championship push after losing in the divisional playoffs to eventual winners Los Angeles Rams in the 2022 postseason.
“These past two months I’ve realised my place is still on the field and not in the stands. That time will come. But it’s not now,” Brady wrote on Twitter.
“I love my teammates, and I love my supportive family. They make it all possible. Im coming back for my 23rd season in Tampa. Unfinished business LFG.”
The announcement comes less than six weeks after he declared his retirement after lengthy speculation throughout the 2021-22 season about his future, revealing he was not “all-in” anymore.
Brady turns 45 in August but led the Bucs to the Super Bowl title in 2021, with the franchise delighted by his U-turn.
“Tom Brady loves to play football as much as anyone I have ever been around,” Bucs head coach Arians said. “As Tom said, his place right now is on the football field.
“He is still playing at a championship level and was as productive as anyone in the league last season. We are ecstatic that he decided to continue playing and working toward winning another championship.”
Bucs general manager Jason Licht added: “With this decision now made, we will continue to move forward with our offseason plans to reload this roster for another championship run.”