Jets Sign WR Jeremy Kerley To A Four-Year Extension

Update:

The Jets have already announced that they have signed WR Jeremy Kerley to a four-year extension.

We have signed WR Jeremy Kerley to a 4-year extension. pic.twitter.com/VAgxsZS5XA

— New York Jets (@nyjets) October 21, 2014

ESPN’s Adam Caplan reports that Kerley’s four-year extension is worth $16 million and includes $5.4 million guaranteed.

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Adam Caplan of ESPN, citing a league source, is reporting that the Jets are expected to sign WR Jeremy Kerley to a four-year extension that should be announced some time Tuesday.

Jets GM John Idzik has come under fire for the lack of talent at wide receiver, which many believe promoted him to trade for Percy Harvin last week. As things stand right now, New York has around $14.6 million in available cap space, so they have plenty of room to address soon-to-be free agents.

Kerley, 25, is in the final year of his  four-year rookie contract that’s worth a total of $2,224,250. He’ll make $645,000 for the 2014 season, but would have been an unrestricted free agent after the season concluded.

On the season, Kerley has caught 22 passes for 201 yards receiving and a touchdown over the course of seven games. Pro Football Focus has him rated as the No. 63 receiver out of 110 qualifying players this year.