Richard Sherman near record deal

— -- The Seattle Seahawks and Richard Sherman are completing a deal that will make him the NFL's highest-paid cornerback, according to multiple media reports.

Fox Sports reported Wednesday that Sherman agreed to a four-year extension.

The Seahawks have scheduled a news conference for 2 p.m. ET on Wednesday, when they are expected to announce the deal.

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Sherman, 26, has emerged as one of the NFL's top defensive players since being selected by Seattle in the fifth round of the 2011 draft.

The 6-foot-3 Sherman led the league with eight interceptions this past season and was one of the most important contributors to the first Super Bowl championship in Seahawks franchise history.