Jimmy Graham and the New Orleans Saints reached an agreement on a four-year, $40 million contract that makes the pass-catcher the highest-paid tight end in the league, NFL Media Insider Ian Rapoport reported Tuesday, per a source involved in the deal. The team later confirmed that they agreed to terms on a multi-year deal.
Graham received a $12 million signing bonus and between $20 to $21 million of the deal is guaranteed, Rapoport reported. Graham will carry a $4 million cap number for 2014. He will earn $21 million over the first two years of the contract and $30 million over three years.
The tight end's new contract places him above Rob Gronkowski's annual average salary of $9 million per season. Graham also got a higher guaranteed number than Gronk's $16.5 million on the Patriots' six-year, $53 million extension signed in 2012.
The four-year pact gives Graham another shot at free agency when he is 31 years old.
http://www.nfl.com/news/story/0ap200000 ... _atl_patra
Graham received a $12 million signing bonus and between $20 to $21 million of the deal is guaranteed, Rapoport reported. Graham will carry a $4 million cap number for 2014. He will earn $21 million over the first two years of the contract and $30 million over three years.
The tight end's new contract places him above Rob Gronkowski's annual average salary of $9 million per season. Graham also got a higher guaranteed number than Gronk's $16.5 million on the Patriots' six-year, $53 million extension signed in 2012.
The four-year pact gives Graham another shot at free agency when he is 31 years old.
http://www.nfl.com/news/story/0ap200000 ... _atl_patra