What happened: The agreement is worth $132 million, the highest annual value for a cornerback contract. It surpasses the deals held by Denzel Ward and Trent McDuffie.
Why it matters: Denzel Ward’s July extension averaged $31.1 million, while Trent McDuffie’s pact averages $31 million. The new ceiling raises the negotiating floor for elite cornerbacks seeking extensions.
By the numbers: The $101 million guarantee represents 76.5% of the contract’s total value.
What to watch: Christian Gonzalez now has a $33 million annual benchmark to beat in his own negotiations.