Calvin Johnson signs seven-year extension with Lions

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.

Fantasy Impact: 

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.

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