Posts Tagged ‘contract extension’

Los Angeles Rams head coach Sean McVay announced Tuesday that he agreed to a contract extension earlier this offseason.

McVay said he was holding off on the announcement until general manager Les Snead completed his deal, although that agreement has yet to be reached.

“It is something that we’ve been taken care of, but it is very important for Les and I to kind of have that represented as we’re a partnership and a pair,” McVay said, according to ESPN’s Sarah Barshop.

“We wanted to be able to announce that when both of us (got our deals) done,” McVay added. “Mine is done. Les is in the process of that.”

The terms of McVay’s extension haven’t been announced.

McVay became the youngest coach to win a Super Bowl earlier this year at the age of 36 when his Rams defeated the Cincinnati Bengals.

The head coach is the latest member of the Rams to be rewarded with a new contract. Super Bowl MVP Cooper Kupp and star quarterback Matthew Stafford also received new extensions, while Aaron Donald earned a raise.

McVay has transformed the Rams into a powerhouse since being hired in 2017. He’s won 10-plus games in four of his five seasons while compiling a 55-26 record.

The Baltimore Ravens and All-Pro kicker Justin Tucker agreed to a four-year contract extension through the 2027 season, the team announced Monday.

While the team didn’t disclose the details of the deal, Tucker will regain sole possession of the NFL’s highest-paid kicker honor with a $24-million extension that includes $17.5 million guaranteed and an $11.5-million signing bonus, a source told ESPN’s Adam Schefter.

Pittsburgh Steelers kicker Chris Boswell recently inked a deal reportedly worth $5 million per season to briefly tie with Tucker – who had two years left on his previous deal – atop the kicker market.

Tucker is the most accurate kicker in NFL history, with a 91.1% field-goal percentage across 11 seasons.

The 32-year-old continued to bolster his Hall of Fame-worthy resume in 2021, setting the NFL record for the longest field goal with a 66-yard bomb as time expired to beat the Detroit Lions in Week 3.

He also made a league-best 94.6% of his field-goal attempts (35 of 37), all 32 of his extra-point kicks, and was perfect on his six tries over 50 yards.

While Tucker is on course to be enshrined in Canton one day, he’s focused on maintaining his record-breaking standards.

“I really try not to think about that stuff. I really try to make it a point to take it one kick at a time,” Tucker said.

“That’s something that I heard from my agent coming out of college, and it’s some of the best advice I’ve ever gotten, right next to my grandfather when I was trying out for the high school varsity team at Westlake (HS) in Austin; he said, ‘Justin, just kick the damn ball.'”

Four-time All-Star Nikola Vucevic and the Chicago Bulls have a mutual interest in extending his contract and plan to begin discussions in the fall, sources told The Chicago Sun Times’ Joe Cowley.

Vucevic is entering his final season of a four-year, $100-million deal he signed with the Orlando Magic in 2019 and is set to earn $22 million.

The Montenegrin national spent his first full season in Chicago last year after the Magic traded him midway through the 2020-21 campaign. He averaged just 17.6 points per game – his fewest since 2017-18 – while adding 11 rebounds and 3.2 assists.

Vucevic’s diminished production correlates with the Bulls’ move to add star guard DeMar DeRozan in free agency. The 31-year-old averaged more than four fewer shots per game than the year prior, forced to share looks with DeRozan and fellow All-Star Zach LaVine.

The big man’s three-point shot also dropped significantly from a career-best 40% in 2020-21 to just 31.4% last season.

Known as a player with a versatile offensive skillset, Vucevic’s struggles illuminated his slow-footed defense. The Bulls finished last season with the fifth-highest field goal percentage allowed to their opponents and the third-most points per game allowed in the pick-and-roll.

Vucevic will have slightly more competition at the center spot as well, with Chicago bringing in veteran big Andre Drummond during the offseason.

The Pittsburgh Steelers extended wide receiver Diontae Johnson on Thursday, the team announced.

The two-year extension is worth $36.71 million, a source told NFL Network’s Mike Garafolo. It reportedly includes $27 million guaranteed and will pay Johnson $19 million in the first year.

Johnson, who’s now under contract through the 2024 season, can earn up to $39.5 million with incentives, according to ESPN’s Adam Schefter.

“I felt it in my gut it was the right move for me and my family,” Johnson said. “I am just glad to get back to work. I love being a Steeler. I love it here. Just being around my teammates, the atmosphere, the energy they show every day. I feel like I made the right choice to continue to be here for a long time.”

The 26-year-old’s new $18.35-million average annual salary ranks 17th among wide receivers, per Spotrac.

Johnson, a third-round pick in 2019, was entering the last year of his rookie contract. He reported to training camp but decided to hold in, only participating in select drills as the two sides discussed an extension.

The Toledo product, who’s coming off a career year, has led Pittsburgh in targets each season since entering the NFL. He also finished 2021 with a team-high 107 receptions, 1,161 yards, and eight touchdown catches in 16 games.

The Pro Bowler has caught 254 passes for 2,764 yards and 20 touchdowns across three campaigns with the Steelers.

Johnson adds to what’s been a lucrative year for receivers from the 2019 draft class:

The Calgary Flames and winger Jonathan Huberdeau agreed on an eight-year extension worth $10.5 million per season, the team announced Thursday.

The deal will kick in for the 2023-24 season. Huberdeau, whom the Flames acquired earlier this offseason in a blockbuster trade for Matthew Tkachuk, will count for $5.9 million this coming campaign as he plays out the final year of his existing contract.

“I’m thrilled to be part of the Calgary Flames organization long term,” Huberdeau said. “I’m excited for this new chapter, and I am committed to this team. I’ll give everything I have, on and off the ice, and I can’t wait to play in front of the passionate Flames fans.”

Calgary obtained Huberdeau, defenseman MacKenzie Weegar, prospect Cole Schwindt, and a 2025 conditional first-round pick from the Florida Panthers in exchange for Tkachuk, who had informed the Flames he wouldn’t sign a new deal. Shortly after the trade, Huberdeau said he’d be open to signing with Calgary long term.

Huberdeau will be the league’s second-highest paid left-winger when his new contract kicks in, behind Artemi Panarin ($11.642 million per year). The lucrative extension will also make him Calgary’s highest-paid skater by a significant margin, with Andrew Mangiapane ranking second at $5.8 million per year.

Huberdeau finished fifth in Hart Trophy voting this past season after posting a career-high 115 points and helping the Panthers capture their first Presidents’ Trophy in franchise history. He’s one of the NHL’s most dynamic playmakers:

The 29-year-old played his entire career in Florida since being drafted third overall in 2011. Huberdeau has 613 points in 671 games.

The Edmonton Oilers signed restricted free-agent forward Kailer Yamamoto to a two-year contract extension carrying an average annual value of $3.1 million, the team announced Wednesday.

Yamamoto was a restricted free agent scheduled for an arbitration hearing on Aug. 7 before reaching the agreement.

The 23-year-old is coming off the most productive season of his career, registering 41 points in 81 games while averaging nearly 17 minutes of ice time per contest. He’ll be an RFA when his new deal expires in 2024.

The Oilers drafted Yamamoto 22nd overall in 2017.

Edmonton is currently $6.03 million over the $82.5-million limit, according to Cap Friendly, but can stash $6.367 million on long-term injured reserve between defenseman Oscar Klefbom and goaltender Mike Smith.

Forward Ryan McLeod, also a RFA, is the last remaining Oiler in need of a contract this offseason.

The San Francisco 49ers signed star wide receiver Deebo Samuel to a three-year extension, the team announced Monday.

Samuel’s new deal is worth up to $73.5 million, sources told ESPN’s Adam Schefter. It also reportedly includes $58.1 million guaranteed.

The contract also contains $1.95 million in incentives based on his rushing production, Schefter adds.

The 2021 first-team All-Pro wideout was sitting out training camp while negotiations were ongoing.

Samuel recorded career-best marks in several statistical categories last season. He made 77 receptions for 1,405 yards, six touchdowns, with a league-leading 18.2 yards per catch average. The rising star recorded 1,770 scrimmage yards along with 14 total touchdowns.

The 26-year-old requested a trade from the Niners during the offseason amid a standoff with the organization over an extension; San Francisco shut down multiple offers from teams interested in acquiring the star pass-catcher.

Samuel was set to earn $3.9 million in the final year of his rookie pact with the Niners.

The South Carolina product has tallied 167 receptions, 2,598 receiving yards, and 10 receiving scores since San Francisco drafted him in the second round in 2019.

Samuel’s extension arrives just days after DK Metcalf agreed to terms on a $72-million deal with the Seattle Seahawks. The pair joined Davante AdamsTyreek Hill, and A.J. Brown in resetting the market at the position.

Java Joe is staying home.

The San Diego Padres and Joe Musgrove are close to agreeing on a contract extension, Jon Heyman of the New York Post reports. It’s expected that the deal, once finalized, will be worth $100 million over five years, sources told Dennis Lin and Ken Rosenthal of The Athletic.

Musgrove is expected to take his physical in the next few days and an official announcement could come as soon as Monday, according to Kevin Acee of the San Diego Union-Tribune.

The 29-year-old, who grew up just a few miles from Petco Park in El Cajon, California, was scheduled to become a free agent this winter and would have been one of the top arms available.

A former first-round pick of the Toronto Blue Jays, Musgrove debuted with Houston in 2016, helping the Astros to a World Series title the following year before being dealt to Pittsburgh as part of a package for Gerrit Cole. Musgrove returned home when the Pirates traded him to San Diego for five players, including All-Star closer David Bednar, before the 2021 campaign.

Musgrove has emerged as an ace since joining the Padres, with this season standing out as his finest. Through his first 17 starts, he owns a 2.63 ERA, 3.22 FIP, and 0.99 WHIP with 106 strikeouts, which earned him his first All-Star berth. Last April, in just his second start with the club, he threw the 54-year-old franchise’s first-ever no-hitter.

He owns a 48-50 record with a 3.83 ERA, a 1.16 WHIP, and 774 strikeouts across parts of seven big-league seasons.

New Orleans Pelicans superstar Zion Williamson will need to undergo regular weigh-ins as part of his new contract extension, sources told NOLA.com’s Christian Clark.

Williamson must reportedly keep the sum of his weight and body fat percentage below 295. If he exceeds that limit, the Pelicans can reduce the amount of guaranteed money in his deal, Clark adds.

The 22-year-old’s weight has been a talking point since he entered the league. He’s currently listed at 284 pounds, which would rank as the fourth heaviest among players who suited up last season.

Despite those concerns, the former No. 1 pick signed a five-year, $193-million maximum extension with the Pelicans earlier in July. He could earn as much as $231 million if he makes an All-NBA team or earns either MVP or Defensive Player of the Year honors next season, per Clark.

Williamson missed the entire 2021-22 campaign after an offseason foot fracture. His rehab was haltered multiple times before he was finally cleared in May following New Orleans’ surprising playoff run.

Over three seasons, Williamson has only suited up in 85 games.

However, the electric dunker has been productive when on the floor. Williamson has averaged 25.7 points, seven rebounds, and 3.2 assists per game on 60.4% shooting.

Seattle Seahawks wide receiver DK Metcalf is signing a three-year, $72-million extension that includes $58.2 million guaranteed, a source told ESPN’s Adam Schefter.

The deal also includes a $30-million signing bonus, the highest ever for a wide receiver, Schefter reports.

The 24-year-old was entering the final year of his rookie contract, which was set to pay him $3.9 million in 2022. Metcalf’s new pact ties him to Seattle through 2025.

Metcalf reported to Seahawks training camp but didn’t take part in drills as he awaited a new deal. Head coach Pete Carroll indicated that both sides were working toward a new agreement.

The former Ole Miss product has been an integral piece of the Seahawks’ offense since being drafted in the second round of the 2019 NFL Draft. He’s posted over 900 receiving yards in each of his three seasons and earned a Pro Bowl honor in 2020.

Metcalf hauled in 75 receptions for 967 yards and 12 touchdowns during his 2021 campaign.

The Mississippi native becomes the latest receiver to cash in with a blockbuster extension ahead of the 2022 season, following Tyreek HillDavante Adams, and Terry McLaurin.