New England and wideout Julian Edelman have reached an agreement on a multiyear contract extension, a source informed of the agreement between the two sides told NFL Network’s Mike Garafolo. It’s a two-year deal worth $11 million with $9 million in total guarantees, NFL Network Insider Ian Rapoport reported. Garafolo adds the deal comes with a $5 million signing bonus and an addition $4 million Edelman can earn in incentives.
Edelman was set to earn $3 million in base salary in 2017, entering the final year of his four-year deal signed in 2014.
The 31-year-old receiver is coming off his second 1,000-plus yard season in nine years with the Patriots, and a legendary catch in the Super Bowl against the Falcons. Edelman landed the No. 71 spot in NFL Network’s Top 100 Players of 2017.