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UPDATE Mar 15 2:30 p.m.: ESPN’s Jeff Darlington is reporting the deal is for four years, $118 million with $62 million fully guaranteed.
Ryan Tannehill has agreed to terms on a new four-year contract with the Titans, per source. Here’s the numbers:
— Jeff Darlington (@JeffDarlington) March 15, 2020
$118m total
$29.5m average per year
$62m full guarantee
$91m total guarantee
BIG deal for Tannehill!
UPDATE: Ian Rapoport is reporting a deal is done.
Sources: The #Titans and QB Ryan Tannehill have agreed to terms on an extension. He’s staying in Tennessee. Their priority all along.
— Ian Rapoport (@RapSheet) March 15, 2020
The Tennessee Titans are in the process of taking care of some important business as free agency looms. The team is on the verge of agreeing to terms with quarterback Ryan Tannehill on a multi-year extension, per ESPN’s Dianna Russini and Adam Schefter.
The team has until 11:59 a.m. ET on Monday to use their franchise tag, and if they can get a deal done with Tannehill before then, it would leave the tag available for Derrick Henry if the team cannot get a deal done with their stud running back before the start of the free agency negotiating period.
The language Schefter used in his tweet is worth noting. He reported the two sides are “on the verge of a new multi-year extension.” Tannehill had a great half a season, but he struggled a bit in the playoffs and given his history, it’s unlikely the team would over-commit at this point. It would not be surprising if this was no more than a three-year extension that offers some up-front money, but does not lock Tannehill and the Titans together at the hip for too long.