Matthew Stafford officially signs contract extension with Lions

Andrew Weber-US PRESSWIRE

Matthew Stafford has officially signed a contract extension with the Detroit Lions.

It's official: Matthew Stafford is now under contract with the Detroit Lions for the next five seasons. Word first got out about Stafford's three-year extension on Tuesday afternoon, and he officially signed the deal on Wednesday morning before meeting with the media.

Stafford, who was drafted first overall by the Lions in 2009, is now under contract through the 2017 season. He is expected to make $53 million from his new extension, which reportedly includes a $27.5 million signing bonus and has $41.5 million in guaranteed money.

Stafford was already set to make $23.5 million in base salary over the course of the next two seasons. So with the extension being added on, Stafford is scheduled to make a total of $76.5 million over the next five seasons. It's not clear just yet what his cap number will look like for the following five seasons, but the Lions will reportedly save around $7 million in cap room in 2013 and 2014 thanks to this deal.

This is the second straight offseason that the Lions handed out a big extension to one of their players. Last March, wide receiver Calvin Johnson was signed to an extension that gave him an eight-year deal worth $150.5 million. The Lions have shown that they are willing to spend big money on their top players, and chances are we will see that again with defensive tackle Ndamukong Suh either in 2014 or 2015.

More from Pride Of Detroit:

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Pride Of Detroit

You must be a member of Pride Of Detroit to participate.

We have our own Community Guidelines at Pride Of Detroit. You should read them.

Join Pride Of Detroit

You must be a member of Pride Of Detroit to participate.

We have our own Community Guidelines at Pride Of Detroit. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker