Detroit Lions and Matthew Stafford agree on contract extension

Detroit announced it has agreed to a five-year contract extension with Stafford that keeps him with the team through the 2022 season. The deal eclipses the $25 million average annual salary Derek Carr received this offseason in his new contract with the Oakland Raiders.

Though the deal is a financial record breaker, Stafford has already broken other records, having pocketed more National Football League money through age 28 than any other player in National Football League history: $110.5 million.

Detroit reached the play-offs last season with a 9-7 record to finish second in the NFC North, the third time in six years they have reached the post-season. The Lions earned the number 1 pick after going 0-16 in 2008.

"Matthew can have all of that", said Carr of Stafford's new deal, per Levi Damien of Silver and Black Pride.

It may have caused some consternation and surprise when the start of training camp hit without an extension being done but Stafford's agent, Tom Condon, has a history of getting similar deals done on a similar timeline to what we saw play out here. Lions President Rod Wood told Crain's before the 2016 season that initial talks were underway on a new contract, and speculation about an extension heated up in recent months.

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Sources say Stafford's deal includes a record $92 million guarantee, including a $50 million signing bonus. He already holds the franchise records for passing yards, completions and touchdowns.

Stafford's market-setting contract could also have ramifications for the Patriots' future financial decisions at quarterback.

He has led the Lions to three playoff appearances and made the Pro Bowl in 2014.

A member of the Lions since the 2009 season, the quarterback has accumulated 4327 yards last season, completing 24 touchdowns against 10 interceptions.