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Calvin Johnson agreed to a seven-year contract extension with the Lions. The deal, worth $132 million, is the largest in NFL history.
The Detroit Lions just handed out the richest deal in NFL history. According to ESPN's Adam Schefter, the Lions signed Calvin Johnson to a seven-year extension that will pay him an incredible $132 million. The deal includes $60 million guaranteed.
Stunning numbers but Johnson is worth it. He had one year remaining on his current contract so this is really an eight-year, $132 million deal. He's now locked up through the 2019 season. This surpasses the deal the eight-year, $128.5 million deal the Arizona Cardinals gave to Larry Fitzgerald. It includes more overall money and more guaranteed money.
It's the richest deal in NFL history.
Johnson is good enough that he very well could see every dollar in that contract. He lead the league in receiving yards last season and has 28 touchdown receptions over the last two years. With Matthew Stafford and a young core in place, Johnson is going to be good for a long time.
For more on Calvin Johnson and the Detroit Lions, head over to the SB Nation Lions blog Pride Of Detroit and SB Nation Detroit.
Calvin Johnson and the Detroit Lions are expected to announce at a Wednesday press conference that the two sides have agreed to a longterm contract extension. The Lions official site reports it's a seven-year extension and a press conference is scheduled for 1 p.m. (ET). He had one year remaining on his deal so this would keep him under contract through the 2019 season.
It's going to be very interesting to see the details of Johnson's deal. He's clearly one of the two or three best receivers in the game and his deal could rival the eight-year, $128.5 million deal Larry Fitzgerald received from the Arizona Cardinals. Tim Twentyman of the Lions official site reports Johnson's deal could hit $130 million, which would surpass Fitzgerald's deal.
Johnson is coming off a huge year in which he caught 96 passes for a league-leading 1,681 yards. He also had 16 touchdowns this year, which puts his two year total at 28 touchdowns. He's clearly worth the money Detroit will pay him.
For more on Calvin Johnson and the Detroit Lions, head over to the SB Nation Lions blog Pride Of Detroit and SB Nation Detroit.
Signing Detroit Lions wide receiver Calvin Johnson to a new contract is a priority for the Lions this offseason and according to a report by John Kreger of CBS.
Team president Tom Lewand, who controls Detroit's salary cap compliance, says the team has had positive negotiations with WR Calvin Johnson over a contract extension. "(Johnson's) got a good relationship with Matthew (Stafford)," Lewand told WBBL radio. "There's a desire to keep that (relationship) together. When that desire exists, you can get deals done."
Johnson has been fantastic for the Lions since entering the league in 2007. Arizona Cardinals wide receiver Larry Fitzgerald's 8-year, $120 million contract signed last summer makes him NFL's highest paid receiver for the moment. Johnson is projected to make $14 million during the 2012-13 season. Johnson is coming off the best season of his career, hauling in 96 receptions for 1,681 yards and 16 touchdown receptions.
For more on Calvin Johnson and the Detroit Lions, head over to the SB Nation Lions blog Pride Of Detroit and SB Nation Detroit.
Calvin Johnson still has one more season left on his rookie contract, but he expects to begin talks soon regarding a new deal with the Detroit Lions. He told Jim Rome on Monday that the two sides can "hopefully get things rolling" this offseason. Considering his pivotal role in the Lions' run to the playoffs this past season, Johnson should expect to receive a significant pay raise.
Johnson is currently the third highest paid player in the organization, behind only quarterback Matthew Stafford and defensive tackle Ndamukong Suh. After catching 96 passes for 1,681 yards and 16 touchdowns last year, Johnson staked a claim as one of the top wideout talents in the league and will likely look to be paid as such.
Larry Fitzgerald's 8-year, $120 million contract signed with the Arizona Cardinals last summer makes him NFL's highest paid receiver for the moment. Johnson is projected to make $14 million during the 2012-13 season.
For more on Johnson and the Lions, head over to the SB Nation blog Pride Of Detroit.
VIDEO: Megatron Gets A Record-Breaking Contract From The Lions
The Lions inked Calvin Johnson to a record-breaking contract on Wednesday afternoon. In all, the deal is worth $132 million over eight years, which makes it the largest contract in NFL history.
SB Nation's Pride of Detroit has a really good response to the contract in their latest Team Report on YouTube. Check out more at Pride of Detroit's YouTube channel.
Mar 14 6:25p by Joel Thorman - 0 comments