Mark Berman tweets:
Johnathan Joseph signs extension with Texans.— Mark Berman (@MarkBermanFox26) June 18, 2015
Much more to come, hopefully including details of J-Jo's contract extension, soon. In the meantime, celebrate the fact that perhaps the best free agent signing in franchise history has elected to prolong his stay in our fair city.
UPDATE: Berman has Joseph's contract terms now.
Johnathan Joseph's new deal is for 3 years and is worth $22 million with $11.5 million guaranteed— Mark Berman (@MarkBermanFox26) June 18, 2015
Three years and $22 million averages out to roughly $7.3 million a year. That is a hell of a deal when comparing his contract to some of the more lucrative defensive back salaries out there right now, chief among them being Darrelle Revis' staggering $14 million per year average salary. Is Revis a better corner than Joseph at this stage of their careers? Absolutely. Is Joseph a great value at almost half the cap hit of Revis? You betcha.
UPDATE II: J-Jo's cap hit in 2015 is now less than it would have been before the extension.
With Johnathan Joseph getting new contract that takes effect this year, his cap figure for 2015 is $11.75 million. Under old deal $12.25M.— Mark Berman (@MarkBermanFox26) June 18, 2015