ESPN’s Adam Schefter reports that the deal is an extension of his current contract which will keep him under team control until 2016.
This makes the deal closer to a six-year deal worth $9.3 million per season which works with the amount of money that the Titans were comfortable spending.
The Chris Johnson holdout has finally come to an end as Jim Wyatt of the Tennessean reports that the Titans have reached a four-year deal with Johnson that will pay him a total of $53.5 million which includes $30 million in guarantees.
Reports have been running circulating that the Titans were in the middle of serious negotiations over the last 24 hours in an attempt to have him for the start of the NFL season. Well they accomplished as much but at a pretty high cost.
Johnson’s salary averages out to $13.3 million per season. DeAngelo Williams got an average of $8.6 over five-years and $21 million guaranteed so you can see just how large of deal this is.
The losers in this deal are the Minnesota Vikings who will now have to compete with $30 guaranteed for a running back considering that Adrian Peterson is about to become a free agent at the end of the season.