The Redskins and receiver DeSean Jackson have indeed agreed to terms. According to a league source, the terms have not yet been put to paper and signed. It’s expected to be reviewed and signed later this morning.
Darren Heitner of Forbes.com has reported that the deal is worth $24 million over three years, with $16 million guaranteed. And that’s $16 million fully guaranteed. Upon signing. Money in the bank.
Per our source, the guarantee is $16 million — and the $16 million will be fully guaranteed that moment Jackson puts his Hancock on the contract.
At first blush, that’s not a bad deal for a guy who made a belated entry to the free-agency market, under questionable circumstances and with vague leverage. We’re hoping to get a full breakdown of bonuses and base salaries and incentives (if any) after the deal is inked.