As free agency approached, one of the Lions’ top priorities was actually a player already under contract. Calvin Johnson had a year remaining on his rookie deal but the team sought to lower his astronomical cap number with an extension that would make him a Lions for life.
The Lions have reached an agreement with Johnson on new eight-year deal that keeps CJ under contract with the Lions through the 2019 season. The final year of his rookie contract has been replaced by the first year of the deal agreed upon today.
Larry Fitzgerald signed an extension with the Cardinals last offseason that made him the highest paid receiver in the league. That was an eight-year deal for around $120 million with about $50 million in guarantees.
ESPN’s Adam Schefter is reporting that the deal totals $132 million with $60 million in guarantees. That not only tops Fitzgerald’s deal but puts Calvin Johnson among the highest paid players in the league regardless of position. The deal is huge but it is expected to save the Lions $9 million against this year’s cap.
A press conference has been scheduled for 1 p.m. today.