Saints Sign LT Terron Armstead To A Five-Year, $64.5M Extension

May 3, 2016

Update:

The New Orleans Saints officially announced that they’ve signed LT Terron Armstead to a five-year extension on Tuesday.

Ian Rapoport reports that Armstead receives a five-year extension worth $64.5 million, which includes $38 million guaranteed and $25 million of that fully guaranteed.

“I’m extremely grateful and blessed for this opportunity,” said Armstead. “I would like to thank Mr. and Mrs. Benson, Mickey Loomis, Coach Payton and the entire organization for the faith they have shown in me and my abilities. I would not be as fortunate as I am today if it were not for the faith and support of my family, teammates, coaches and the fans of the New Orleans Saints. I look forward to working hard along with my teammates to reach our ultimate goal of bringing another championship to this great city. I love this city!”

“I am excited that we have been able to reach an agreement with Terron to keep him as a member of the New Orleans Saints,” said Loomis. “Terron is a valuable and important piece to our offense and has shown that he is one of the top players in the game today. The dedication, talent and skill that Terron has demonstrated to begin his career both on the field and off the field have been an asset to the organization and the community and we are pleased that he will be a valuable member of our team for many years to come.”

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Josina Anderson of ESPN is reporting that the Saints are signing LT Terron Armstead to a five-year extension.

This new deal will keep Armstead under team control through the 2021 season.

There has been talk that getting a long-term extension in place with Armstead this offseason was among the team’s top priorities. Armstead should secure an impressive contract from New Orlelans, considering that he’s among the best offensive tackles in the game.

Armstead, 24, is a former third-round pick of the Saints back in 2013. He’s currently in the final year of his four-year, $2.867 million rookie contract and is in line to make a base salary of $705,000 for the 2016 season.

In 2015, Armstead appeared in 13 games for the Saints and was rated by Pro Football Focus as the No. 3 offensive tackle out of 77 qualifying players.