Licht described Brady's knee surgery as a "minor surgical procedure." The Buccaneers executive, however, didn't provide a timetable on his recovery.
"I talked to him last week," Licht told reporters. "I know things are going well. I don't want to put an exact timeline on it right now because I don't want to set expectations one way or the other, but I know that things are going very well."
League sources told ESPN that Brady had been planning the surgical procedure for months, and it wasn't the result of a recent injury. According to NFL Media, the seven-time Super Bowl champion played most of last season with discomfort in his knee.
It remains unclear whether Brady will participate in any possible off-season workouts. When asked about the surgery in late February, Buccaneers head coach Bruce Arians said Brady could be ready for 7-on-7 drills by June.