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The Atlanta Falcons and Julio Jones have agreed to a three-year, $66 million contract extension, Adam Schefter and Chris Mortensen of ESPN report.
Atlanta and Pro-Bowl WR Julio Jones just reached agreement on a landmark three-year, $66 million extension that includes $66 million guaranteed – $64 million of which is due at signing, sources tell @mortreport and me. It ties together the two sides for the next five seasons.
— Adam Schefter (@AdamSchefter) September 7, 2019
As Schefter notes, $64 million of the $66 million will be guaranteed upon signing the deal, which will make him the highest-paid wide receiver in the league.
The 97 percent guarantee at signing shatters the previous record for a deal given to a non-quarterback, which was held by Detroit Lions defensive end Trey Flowers at 74 percent.
Jones, who still had two years left on his previous deal, will now be under contract with the Falcons for the next five seasons.
With his new deal signed, sealed, and delivered, Jones will now be sure to play in the Falcons’ Week 1 game against the Minnesota Vikings.
Jones’ new deal is well-earned as he’s been among the most productive wide receivers in the NFL since he came into the league in 2011.
He has had at least 80 catches and 1,400 receiving yards in each of the last five seasons, which is a testament to his remarkable excellence and consistency. He’s also been a Pro Bowler in six of his eight seasons — including the last five in a row — and has been First-Team All-Pro twice.
Jones is coming off another terrific year in 2018 as he had 113 catches for a league-best 1,677 receiving yards — the second time he’s led the league in receiving yards — and eight touchdowns.
Jones’ salary hasn’t reflected the remarkable production he’s been able to supply the Falcons on a consistent basis. But with his latest deal, he is finally being paid as the best wideout in the league, which he’s been over the past few years.