Terms of the extension weren't disclosed by the team, but a source confirmed to ESPN that the extension is for five years and worth about $65 million in new money, including $31 million guaranteed. Fox Sports had earlier reported terms of the deal.
A source close to the deal told ESPN.com's Darren Rovell that Matthews will receive $22 million by the end of 2013 and $27 million in the next 12 months.
Source: ESPN
A source close to the deal told ESPN.com's Darren Rovell that Matthews will receive $22 million by the end of 2013 and $27 million in the next 12 months.
Source: ESPN