Tag: extension

Dec 10, 2023; Santa Clara, California, USA; San Francisco 49ers offensive tackle Colton McKivitz (68) walks off of the field after defeating the Seattle Seahawks at Levi's Stadium. Mandatory Credit: Darren Yamashita-USA TODAY Sports

49ers RT Colton McKivitz gets 1-year, $7M extension

Posted on | by Field Level Media

The San Francisco 49ers signed right tackle Colton McKivitz to a one-year, $7 million extension, his agents said Friday.

According to his representatives at AMDG Sports, 65 percent of that compensation is fully guaranteed.

McKivitz, 27, started all 20 games for the NFC champion 49ers in 2023, including the postseason.

He has played 45 regular season games (22 starts) since San Francisco drafted him in the fifth round in 2020.

The extension announced on Friday covers the 2025 campaign. McKivitz is set to earn $2.525 million in base salary in 2024.

–Field Level Media

Jan 8, 2024; Houston, TX, USA; The 2024 CFP logo on the field before the 2024 College Football Playoff national championship game between the Michigan Wolverines and the Washington Huskies at NRG Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports

Report: College Football Playoff, ESPN reach $7.8B extension

Posted on | by Field Level Media

The College Football Playoff agreed to a six-year extension of its broadcast deal with ESPN worth $7.8 billion, The Athletic reported on Monday.

The deal keeps all CFP games on ESPN’s family of networks through the 2031 season, concluding with the national title game in January 2032.

However, the contract won’t be ratified until CFP leadership irons out the format of the tournament going forward.

The playoff will expand from four to 12 teams for the first time next year, and the original agreement was to include the six highest-ranked conference champions and the six highest-ranked at-large teams — the so-called 6+6 model.

With the Pac-12 set to fold following the current season, the number of power conferences shrinks, and some league commissioners are pushing to modify the format to 5+7, which most likely would keep the field at one “Group of Five” conference champion.

The extension kicks in for the 2026 season, but for the next two years ESPN still controls the rights to all games, including the new first round and quarterfinals.

According to the report, ESPN will have the right to “sublicense” CFP games over the course of the contract to other media organizations or streamers.

–Field Level Media

Nov 25, 2023; Piscataway, New Jersey, USA; Rutgers Scarlet Knights head coach Greg Schiano runs out to the field with his team before the game against the Maryland Terrapins at SHI Stadium. Mandatory Credit: Vincent Carchietta-USA TODAY Sports

Rutgers extends Greg Schiano’s deal through 2030

Posted on | by Field Level Media

Rutgers football coach Greg Schiano agreed to a contract extension through the 2030 season on Wednesday.

The Scarlet Knights’ all-time wins leader is 86-95 in two stints with the program (2001-11, 2020-present).

“This is a great day for Rutgers Athletics,” athletic director Pat Hobbs said in a news release. “In four years, Coach Schiano has transformed our program, this year resulting in bowl eligibility. Continuity is critical in building winning programs. We have the right leader and the right staff to lead the Scarlet Knights in the years ahead.”

Schiano will earn $6.25 million in 2024 under the new contract.

Schiano, 57, has guided Rutgers to eight bowl games, including the Dec. 28 Pinstripe Bowl against Miami (FL).

The Scarlet Knights lost four straight to finish the 2023 regular season at 6-6, including 3-6 in the Big Ten.

“I would like to thank President (Jonathan) Holloway, Athletic Director Pat Hobbs, the Board of Governors and our entire team for their continued belief in what we are building,” said Schiano. “Rutgers is home to my family and me, and we are blessed to have the opportunity to build a championship program right here in New Jersey.”

Schiano left Rutgers after the 2011 season to become head coach of the NFL’s Tampa Bay Buccaneers, where he was 11-21 during the 2012 and 2013 seasons.

He returned to college football as the defensive coordinator and associate head coach at Ohio State from 2016-18 before returning to Rutgers ahead of the 2020 season.

–Field Level Media

Oct 1, 2023; Philadelphia, Pennsylvania, USA; Washington Commanders defensive end Montez Sweat (90) on the field against the Philadelphia Eagles at Lincoln Financial Field. Mandatory Credit: Eric Hartline-USA TODAY Sports

DE Montez Sweat, Bears agree to 4-year, $98M extension

Posted on | by Field Level Media

The Chicago Bears and newly acquired defensive end Montez Sweat have agreed to a four-year, $98 million deal, which includes nearly $73 million in guaranteed money, NFL Network reported Saturday.

The Washington Commanders traded Sweat to the Bears at the trade deadline on Tuesday for a second-round pick in the 2024 NFL Draft

The new deal, with an annual average value of $24.5 million, puts him among the elite earners at the position. Currently, only San Francisco’s Nick Bosa ($34 million) and Cleveland’s Myles Garrett ($25 million) earn more.

Sweat, 27, has recorded 6.5 sacks in eight games this season and is one of seven players with at least 5.0 sacks in each of the past five seasons.
He also has 32 tackles and two forced fumbles this season.

“What’s unique about him is that he’s one heck of a pass rusher, but he also – talking to the guys that have played against him in the building and just watching his tape – he’s a really good run player and plays with a great motor,” Bears coach Matt Eberflus said of Sweat. “He’s a great practice player, just talking to the guys that have been with him.

“He’s going to fit right into our culture in terms of working, and your best players got to be your hardest workers.”

Washington selected Sweat with the No. 26 overall pick in the 2019 draft. He is playing this season on an $11.5 million fifth-year option, and Chicago had the cap space to offer him a big extension.

Sweat has 197 tackles, 35.5 sacks and nine forced fumbles in 67 career games, all starts.

–Field Level Media

Sep 24, 2023; Green Bay, Wisconsin, USA; Green Bay Packers linebacker Rashan Gary (52) during the game against the New Orleans Saints at Lambeau Field. Mandatory Credit: Jeff Hanisch-USA TODAY Sports

LB Rashan Gary signs 4-year, $107.5M extension with Packers

Posted on | by Field Level Media

Rashan Gary signed a four-year, $107.5 million contract extension to remain with the Green Bay Packers through the 2027 season.

The outside linebacker announced the deal on Monday through his Rashan Gary Sports agency.

Gary’s social media post said he will receive a $34.65 million signing bonus.

Gary, the No. 12 overall pick in 2019, initially signed a four-year, $15.9 million rookie contract and is playing on his fifth-year, $10.9 million option.

After a torn left ACL limited him to nine games in 2022, the 25-year-old Gary has played in all seven games (three starts) for the Packers (2-5) this season. He has recorded 4.5 sacks, 15 tackles and eight quarterback hits.

He has been on a limited snap count so far this season.

In 63 career games (32 starts) in Green Bay, Gary has 27 sacks, 150 tackles, three forced fumbles and four fumble recoveries.

–Field Level Media

Oct 21, 2023; Foxborough, MA, USA; New England Patriots head coach Bill Belichick gives a speech at the 2023 Patriots Hall of Fame induction in the Cross Insurance Pavilion at Gillette Stadium. Mandatory Credit: Eric Canha-USA TODAY Sports

Report: Patriots’ Bill Belichick signed long-term deal in offseason

Posted on | by Field Level Media

New England Patriots head coach Bill Belichick signed a multi-year contract extension during the offseason, NFL Network reported on Sunday.

Terms of the deal were not disclosed for Belichick, whose Patriots have lost three in a row to fall to 1-5 on the season. New England has missed the playoffs in two of the past three seasons, leading to questions being raised about his future with the team.

Belichick, 71, has won six Super Bowl titles since becoming the Patriots’ head coach in 2000. The Patriots have missed the playoffs just five times in his 23 seasons prior to this campaign.

His 299 regular-season coaching victories — accumulated with the Cleveland Browns (36) and Patriots (263) — entering Sunday’s games are third-most all-time in NFL history behind Hall of Fame members Don Shula (328) and George Halas (318).

The Patriots host the Buffalo Bills (4-2) on Sunday in Foxborough, Mass.

–Field Level Media

Jan 1, 2023; Philadelphia, Pennsylvania, USA; New Orleans Saints defensive end Carl Granderson (96) stands on the sidelines against the Philadelphia Eagles at Lincoln Financial Field. Mandatory Credit: Eric Hartline-USA TODAY Sports

Report: Saints sign DE Carl Granderson to 4-year extension

Posted on | by Field Level Media

The New Orleans Saints are signing defensive end Carl Granderson to a four-year, $52 million extension, ESPN reported.

The contract includes $35.3 million in guaranteed money for the undrafted fifth-year player, per Saturday’s report.

Granderson, 26, has recorded 2.5 sacks and six quarterback hits through the first two games this season.

He has 108 tackles, 17 sacks, 34 QB hits and four forced fumbles in 56 career games (nine starts) with the Saints.

–Field Level Media

Army Football's head coach, Jeff Monken, during a press conference following Wednesday's practice on August 2, 2023.

Report: Army extending Jeff Monken through 2027

Posted on | by Field Level Media

Army is extending football coach Jeff Monken through 2027 at a salary of more than $2 million per season, ESPN reported Monday.

The Black Knights have compiled a 66-50 record, including a 2-1 start this season, since Monken took over ahead of the 2014 season.

Monken has guided Army to five bowl games, winning four of them. His teams cracked the Associated Press Top 25 during the 2018 and 2020 seasons.

His teams have also won five of the last seven meetings against Navy.

Army won 37-29 at UTSA on Friday night and will be back in action Saturday at Syracuse.

–Field Level Media

Oct 16, 2022; Philadelphia, Pennsylvania, USA; Dallas Cowboys offensive tackle Terence Steele (78) against the Philadelphia Eagles at Lincoln Financial Field. Mandatory Credit: Eric Hartline-USA TODAY Sports

RT Terence Steele, Cowboys agree on $86.8M deal

Posted on | by Field Level Media

Right tackle Terence Steele has agreed to a five-year, $86.8 million contract extension that includes guarantees of $50 million, ESPN reported Sunday.

Per the report, the agreement could be worth as much as $91.8 million, a figure that his agent, Erik Burkhardt of Roc Nation Sports, confirmed to ESPN.

At the base value, the contract is worth $17.36 million in annual average value. Lane Johnson of the Philadelphia Eagles is the highest-paid right tackle per season in the NFL at $20.18 million, per Spotrac.

Steele, an undrafted free agent from Texas Tech, signed with the Cowboys in May 2020. This past March, he was assigned a one-year, $4.3 million tender by the Cowboys. He was due to become a free agent in 2024.

It’s the latest big deal for the Cowboys, who since the start of the league year in March have signed cornerback Trevon Diggs (five years, $86.8 million) and guard Zack Martin (two years, $36.85 million) to contracts. Running back Tony Pollard also is playing on the franchise tag worth $10.09 million for the 2023 season.

Owner Jerry Jones is going to need to dig further into the bank account in the coming months. Quarterback Dak Prescott and wide receiver CeeDee Lamb are eligible for extensions, and linebacker Micah Parsons will command a huge contract when he becomes extension-eligible in 2024.

Steele, 26, has played in 45 games (40 starts) for the Cowboys. He tore an ACL in Week 13 last season against the Houston Texans, and coach Mike McCarthy has said Steele will be ready for Week 1 when the Cowboys visit the New York Giants next Sunday night.

–Field Level Media

Nov 24, 2022; Minneapolis, Minnesota, USA; Minnesota Vikings tight end T.J. Hockenson (87) celebrates his touchdown against the New England Patriots during the second quarter at U.S. Bank Stadium. Mandatory Credit: Matt Krohn-USA TODAY Sports

Vikings TE T.J. Hockenson agrees to contract extension

Posted on | by Field Level Media

Minnesota Vikings tight end T.J. Hockenson agreed to terms on a contract extension Thursday.

Terms were not disclosed, but multiple reports said the deal makes Hockenson one of the NFL’s highest-paid tight ends.

He was entering the final year of his rookie contract and was slated to earn $9.329 million on his fifth-year option.

“He fits our culture,” Vikings general manager Kwesi Adofo-Mensah said Thursday. “He’s the type of player we want in Minnesota.”

Hockenson, 26, caught 60 passes for 519 yards and three touchdowns in 10 games with Minnesota last season after being acquired in a trade deadline deal with Detroit.

The two-time Pro Bowl selection has registered 246 receptions for 2,587 yards and 18 touchdowns in 57 games (49 starts) since the Lions made him the No. 8 pick in the 2019 NFL Draft.

Hockenson had been “holding in” this preseason while working on a long-term extension.

The NFL’s highest-paid tight ends, per Spotrac, are San Francisco’s George Kittle ($15 million average annual value), Kansas City’s Travis Kelce ($14.3 million), Philadelphia’s Dallas Goedert ($14.25 million) and Baltimore’s Mark Andrews ($14 million).

–Field Level Media