07-07-2010, 03:00 PM
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Join Date: Dec 2006
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Jets extend Ferguson's contract
http://sports.espn.go.com/new-york/n...ory?id=5361080
Quote:
Sources: Ferguson gets huge extension
The New York Jets' contract logjam cleared up some Wednesday, when the team reached agreement on a colossal six-year, $60 million contract extension with offensive tackle D'Brickashaw Ferguson, according to league sources.
Ferguson had two years remaining on his initial contract, so he now will be tied to the Jets for eight years and $73.6 million.
The guaranteed money is $34.8 million, a new record for an offensive lineman, surpassing the $30 million in guaranteed money that the Miami Dolphins gave No. 1 overall pick Jake Long. Ferguson's deal will be signed Thursday and he will be under contract through 2017. The deal also ties Ferguson with Long for the highest average salary for an offensive lineman.
Ferguson is the first of four Jets that have wanted new deals to sign one. His deal leaves the Jets now trying to re-sign cornerback Darrelle Revis, center Nick Mangold and linebacker David Harris.
Revis, whom Jets coach Rex Ryan said deserved the defensive player of the year award after last season, has not seen any progress toward his deal this offseason.
Ferguson had two remaining years on his contract and had six tacked on, tying him to the Jets for the next eight years. Technically, his deal is a five-year deal with a one-year option at the end, but the option is likely to be picked up.
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