For the second straight day, a 2009 franchise player agreed to terms on a six-year, $63 million deal.
On Tuesday, it was Chiefs quarterback Matt Cassel. Today, it’s Ravens linebacker/defensive end Terrell Suggs.
[UPDATE: A league source tells us that Suggs deal is actually worth “only” $62.5 million over six years.]
Suggs also will receive $38 guaranteed.
His signing and option bonuses of $33 million are the highest that any defensive player ever has received.
Also, he’ll earn more than $40 million in the first two years — with zero deferrals. All of the $40 million will be paid out by December 2010.