ESPN’s Adam Caplan has the contract details for Sherman’s new deal.
- Sherman receives a three-year extension worth up to $7 million.
- He’ll receive over $3 million guaranteed as part of this agreement.
- Sherman’s annual salaries come out to $2.1 million.
- Sherman stands to make $3 million in the first year of his new contract.
According to Caplan, Sherman is now the highest paid “true” fullback in the league. By “true” fullback Caplan mentions that he’s not a hyrbird fullback/tight end combo player.
Sherman, 25, is in the final year of his four-year, $2,246,900 rookie contract and will make a base salary of $645,000 for the 2014 season.
This year, Sherman has appeared in eight games and caught five passes for 49 yards receiving and a touchdown. He’s also contributed two carries for eight yards rushing.
As of now, Sherman is rated as the No. 1 fullback in the league, according to Pro Football Focus.