What happened: The extension is worth up to $92 million, according to ESPN's Adam Schefter. Kraft's agents, Jack Bechta and Ryan Hays of JB Sports, signed off on the agreement Saturday.
Why it matters: The agreement ties the tight end to Green Bay through 2030. It follows Kraft's return to full health after ACL rehabilitation in August.
By the numbers: The extension averages $18.75 million per year, rising to $23 million at its maximum value—a potential $17 million difference over four years.
What to watch: The next contract details to watch are the total guarantees and conditions for reaching the maximum value.