What happened: Kraft agreed to a four-year, $75 million extension, per Adam Schefter. The deal can reach $92 million.
Why it matters: The maximum value represents potential earnings rather than guaranteed compensation. That distinction matters when comparing the agreement with other tight end contracts.
By the numbers: The stated extension value averages $18.75 million annually; the maximum is $17 million above that total.
What to watch: Watch for the finalized payment schedule and conditions governing the additional earnings.