Crafting the project with "The Fighter" scribes are four writers familiar with handling Boston stories, reported Entertainment Weekly.
Apart from the film, a book is also being written with authors Casey Sherman and Dave Wedge handling the project.
"When we're looking for stories, we're looking for these universal themes of overcoming odds and people using moments of adversity to inspire.
"The game that we just saw a couple of weeks ago really encapsulates who that guy is...It's made for a movie," Wedge said.
The book and film will be written simultaneously and will also address the controversial Deflategate investigation that caused Brady to be suspended for the first four games of the season.
"Starting on the football field, then with the drama behind it, going to the courtroom, and ending how it did, stories like that ultimately write themselves," added Sherman.