He’ll do so by joining the Jaguars, according to Ian Rapoport of NFL Media.
A league source tells PFT that Gerhart’s three-year deal has a base value of $10.5 million, including $4.5 million guaranteed.
The move could mean that the Jaguars have exited the Maurice Jones-Drew business. Given that he has eight years of wear and tear, the money paid to Gerhart is likely money that would have been given to Jones-Drew, if he wanted it.
A second-round pick in 2010, Gerhart has 1,305 career rushing yards, with a 4.7 per-carry average.
If, as it appears, Jones-Drew won’t return, Gerhart and Jordan Todman likely will serve as the top tailbacks in Jacksonville.