The Philadelphia Eagles have announced that they have signed quarterback Carson Wentz to a four-year contract extension. Adding in the final two years of Wentz's rookie deal, he is now signed with the team through 2024.
ESPN's Adam Schefter has the terms: four new years, $128 million ($107 guaranteed, potentially worth $144 million with incentives). Add that to his current deal, and Wentz is now signed for six years, $154 million.
The Eagles traded up in the 2016 draft to select Wentz second overall. Since then, he has ranked 27th, sixth, and 12th in DVOA. He missed three games in 2017 and five games last year (plus the playoffs both seasons) due to injury.
NFL reporter Adam Caplan points out that the Eagles didn't have to do this -- they could have played Wentz this season and his fifth-year option in 2020, then franchised him twice -- but player and team opted for long-term stability instead.