What happened: The agreement makes Ward the NFL's highest-paid defensive back for the second time in his career. Tory Dandy of Athletes First negotiated the deal.
Why it matters: Ward had two years remaining on his contract, and the extension deepens Cleveland's long-term commitment. It also ends the trade speculation surrounding the five-time Pro Bowl cornerback.
By the numbers: The extension averages $31.1 million per year. The $52.3 million guarantee represents 84.1% of its total value.
What to watch: The contract filing will clarify the payment schedule and its effect on Ward's future salary-cap charges.