Quarterback Daniel Jones has reached an agreement on a historic two-year contract extension, according to agents Brian Murphy and Andrew Kessler via Adam Schefter. The deal features a base value of $88 million and can reach a maximum value of $100 million, making it the largest two-year contract in NFL history.
The contract structure provides significant immediate security for Jones, including $50 million fully guaranteed at the time of signing. Additionally, the agreement includes $60 million guaranteed for injury. This record-setting deal comes after a season in which Jones solidified his status as the franchise signal-caller, leading the team through a successful campaign and deep into the postseason.
The $50 million average annual value at the maximum level represents a significant milestone in NFL contract negotiations for short-term veteran deals. By finalizing this agreement now, the team ensures their star quarterback remains under contract while providing the organization with flexibility in the coming years. The specifics of the yearly cap hits and the exact breakdown of the performance-based incentives are expected to be released as the contract is officially filed with the league office.
This is a developing story. Check back for updates.
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