Lions' WR Calvin Johnson signs $132M deal

[Auggie]

A.P.

Johnson has signed an eight-year deal worth up to $132 million, making him the highest paid receiver in the NFL. He had a year remaining on his original deal after being drafted in 2007, but this extension starts immediately and runs through the 2019 season.

SNIP

Johnson's agent, Bus Cook, said the contract is worth $60 million guaranteed.

LINK: http://espn.go.com/nfl/story/_/id/7685419/calvin-johnson-signs-7-year-extension-detroit-lions

All that ... for a receiver???

[FBaggins]

1. He's good... but not THAT good.

Of course, the headline figure doesn't tell us much (nor even the guarantee). My guess is that this is really a five-year deal with the rest tacked on to spread the cap hit.

Believe it or not, they actually save $9 million on this year's cap figure with this extension.