Gerald McCoy signs $98M deal

— -- Gerald McCoy has signed a seven-year extension with the Tampa Bay Buccaneers worth $98 million, making him the highest-paid defensive tackle in the NFL.

McCoy, a 2013 All-Pro, will get $51.5 million guaranteed, the most ever given to a defensive tackle in NFL history. His new deal will average $14 million per year.

McCoy's signing was reported earlier Saturday by Fox Sports. The Buccaneers confirmed the deal and posted a photo of McCoy shaking hands with general manager Jason Licht on their official Twitter page.

Including his current salary for 2014, McCoy would make $111 million over the eight-year period.

The deal was concluded Saturday by McCoy's agent, Ben Dogra, and Buccaneers general manager Jason Licht.

Dogra said, "Gerald is extremely excited to remain with the Tampa Bay Buccaneers and he is especially thankful to Bucs owners, coaches, and Jason Licht for working so hard throughout the process."

McCoy is in his fifth NFL season and comes off his best year, when he had 9.5 sacks and 35 tackles. He is considered the anchor of Tampa Bay's rebuilding defense.

The Buccaneers (1-5) have struggled this year, allowing a league-high 204 points. But McCoy is among the league's best defensive tackles, often drawing double teams. He has played part of this season with a cast on his broken left hand.

Now, McCoy has long-term security in Tampa and can begin working on getting the Bucs into the postseason, something he has never experienced.

"That's eating away at me, man," the 6-foot-4, 300-pound McCoy said this summer. "I do all this training and preparing, trying to do what I can for my team for us to get to the playoffs. I just want to experience it."

The Associated Press contributed to this report.