Calvin Johnson Gets New 8-Year Contract Worth $132 Million

The Detroit Lions have given wide receiver Calvin Johnson a new contract that runs through the 2019 season.

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Lions Free Agency 2012: Calvin Johnson Extension Worth $132 Million, $60 Million Guaranteed, According To Report

The recently-signed seven-year contract extension for Lions wide receiver Calvin Johnson will be worth $132 million, including$60 million in guaranteed money, according to ESPN's Adam Schefter. That overall contract value marks the most expensive deal for a receiver in NFL history, and eclipses the fat extension given to Larry Fitzgerald by the Cardinals last offseason by over $10 million.

The deal will be officially announced later Wednesday at a press conference, but locking Johnson up is a major move for the franchise. He'll now be in a Lions uniform through the 2019 season, and the deal will likely afford the Lions some short term salary cap flexibility.

Johnson was picked with the number two overall selection by the Lions in the 2007 draft out of Georgia Tech.

For more on the Detroit Lions, check out Pride Of Detroit. For more on the NFL free agency in general, head to the specialized hub for 2012 NFL free agency or sbnation.com/NFL.

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Lions Free Agency 2012: Detroit Extends Calvin Johnson For 7 Years

The Detroit Lions have completed a mega move for the franchise, signing wide receiver Calvin Johnson to a seven-year contract extension that keeps him in Detroit through the 2019 season. The team will announce the deal at a 1:00 p.m. CST press conference on Wednesday.

Johnson, who was due to become a free agent after the 2012 season, led the NFL with 1,681 receiving yards in 2011, and added 96 catches and 16 touchdowns on his way to an All-Pro selection. The former number two overall pick has career totals of 366 receptions, 5,872 yards and 49 scores in his five years as a pro, all of which have been with Detroit.

The Lions reached the playoffs in 2011 for the first time in 12 seasons after finishing a turnaround season with a 10-6 record.

For more on the Detroit Lions, check out Pride Of Detroit. For more on the NFL free agency in general, head to the specialized hub for 2012 NFL free agency orsbnation.com/NFL.

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