After a relatively quiet negotiation, the Philadelphia Eagles and LeSean McCoy have struck a deal on a big-time contract extension.
The Eagles have announced that McCoy has agreed to terms on a new deal, and a league source tells PFT’s Mike Florio that it’s a five-year, $45 million contract, which goes through the 2017 season, with $20.765 in full guarantees.
McCoy is coming off back-to-back outstanding seasons. Last year he carried 273 times for 1,309 yards and 17 touchdowns, plus another 48 catches for 315 yards through the air. In 2010 he carried 207 times for 1,080 yards and seven touchdowns, plus 78 catches for 592 yards. In his two seasons as a starter he has averaged 5.0 yards a carry and scored 29 total touchdowns.
At just 23 years old, McCoy has a good chance of remaining at the top of his game for his entire five-year contract — rare for an NFL running back getting a long-term deal. Not many NFL running backs are able to cash in on lucrative long-term contracts anymore, but McCoy’s is a contract that could work out well for both sides.
UPDATE: The contract includes a signing bonus of $8.5 million and base salaries of $615,000 in 2012, $3.25 million in 2013, $8 million in 2014, $10.25 million in 2015, $7.15 million in 2016 and $7.85 million in 2017.