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Calvin Johnson Got Brand New Contract, Not Extension

It turns out that wide receiver Calvin Johnson didn't sign an extension with the Detroit Lions. Rather, he got a brand new contract. Here's more clarification from Tim Twentyman:

Johnson's new contract is worth a total of $132 million, according to Adam Schefter. $60 million of that is guaranteed, which is a new NFL record, according to Andrew Brandt.

Johnson's new deal is quite large, but it actually saved the Lions around $9 million in cap space. That shows how big his old cap number was going to be for 2012. By signing a new deal and throwing out the old one, his cap number will be much easier for the Lions to handle.

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