The Falcons signed Matt Ryan to an extension last offseason, and it’s looking like they’ll be locking up their other franchise player. The Falcons are “closing in on” a contract extension with Julio Jones, according to Mike Freeman of Bleacher Report.
Freeman reports that the deal will pay Jones “$20 million a year over a four- or five-year” pact, with “anywhere from $50 million to $60 million in new guarantees.” Jones’ contract situation has caused a lot of headaches for the team recently, so this would be a huge development. Jones still has two years left on his current contract, but is grossly underpaid. Jones signed a very team-friendly deal a few years back, and decided last year that he wanted to be more fairly compensated.
He launched a brief holdout during training camp when he announced he wouldn’t report. The Falcons were reluctant to renegotiate his deal with three years left, but eventually convinced him to return when they threw in some extra incentives as sweeteners. Freeman writes that the money Jones gets will likely surpass what Odell Beckham Jr. got on his extension “by a lot.”
If Freeman is right, Jones will soon pass Beckham Jr. and Antonio Brown to become the highest paid receiver in football. Jones had another elite season last year, and led the league in receiving yards. He reeled in 113 passes for 1677 yards and eight touchdowns.
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