Defensive tackle Haloti Ngata has agreed to a five-year contract with the Baltimore Ravens, the team announced on Tuesday.
Ngata is a two-time Pro Bowl pick and had been given the franchise designation in February by the team.
"It just feels awesome. I won't have to worry about my family, my kids, with money problems. Hopefully, I can continue to do well for the Ravens now, and it's a good deal for them," Ngata said.
Ngata, according to the Associated Press, will get $40 million in the first two years of the contract.
He had been franchised for $12.5 million this season. Tuesday at 4 p.m. EDT was the deadline for players who had been franchised to either agree to an extension or play for the franchise tag number for the 2011 season.
Terry McCormick covers the Titans for TitanInsider.com
Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.
SEP 30 Jesse Lawrence
Jesse Lawrence of TiqIQ takes a look at the week's action
SEP 30 Joel Corry
A look at the players coming up big and small at the most important of times.
SEP 29 Jeff Fedotin
Better quarterback play has given Green Bay the edge.