The Detroit Lions have made Calvin Johnson the highest-paid receiver in the history of the NFL. Johnson agreed to a seven-year extension worth close to $130 million, according to sources. The extension will make him a Lion through 2019. It also tops the eight-year, $120 million deal receiver Larry Fitzgerald signed with the Cardinals prior to last season.
More importantly, the deal reduces Johnson's $22 million cap number by approximately $9 million for the 2012 season, according to sources, and will allow the Lions to go after some of their free agent targets, specifically linebacker Stephen Tulloch.
This is great news for the Lions and for Matthew Stafford, who now knows that he'll have his star receiver locked in for the next seven seasons.