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REPORT: Mangold deal to be announced tonight


gangreenman

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Rex Ryan says Mangold and Jets are really close to reaching an agreement on a long-term extension but nothing is done as of yet. Reports from JI say that it'll be a six year extension (7 year deal in total) worth about 55 million total compensation with 23 million guaranteed. It is unclear if the guaranteed money will be in the form of an up-front signing bonus or rolling guarantees a la D'Brick's contract.

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So 3 year 23 million deal a little less than 8 million per is the guaramteed portion, hopefully he makes about 4.5 each for years 2 and 3, that would give him a 9 million signing bonus and make room on the cap for guys like Harris and Holmes.

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