The long-simmering discussion about Myles Garrett and a potential contract extension for the star defensive end with the Browns have moved to the front burner. According to a report from NFL.com’s Ian Rapoport, the Browns and Garrett are “closing in” on that contract extension.
Citing an anonymous source, Rapoport notes the rumored extension is for five years and $125 million. That would make Garrett the highest-paid pass rusher in the NFL on annual contract value. Garrett has two years left on his rookie contract signed as the No. 1 overall pick of the 2017 NFL Draft.
That figure is higher than our own initial projection,
Even with that, expect at least $110 million for five years for Garrett if he elects to sign that long-term of a deal. Some players are opting for shorter contracts as an opportunity to sign more contracts over the life of their careers. If that’s the case, plan on Garrett bagging $22 million per year.
This comes on the heels of Chris Jones agreeing to a lucrative extension with the Kansas City Chiefs that raised the bar.
The #Browns and star pass-rusher Myles Garrett are closing in on a 5-year extension worth $125M, sources say. Another massive deal, this time for $25M in new money per year. Their top priority of this offseason and they are in the final stages. 💰💰💰
— Ian Rapoport (@RapSheet) July 14, 2020