Sources: Jaguars, Tyson Campbell reach 4-year, $76.5M extension

JACKSONVILLE, Fla. -- The Jacksonville Jaguars and Tyson Campbell have agreed to terms on a four-year, $76.5 million contract extension that will make him one of the NFL's highest-paid cornerbacks, league sources told ESPN's Adam Schefter on Tuesday.

The deal includes $53.4 million guaranteed, sources told ESPN, and there are additional incentives that bring the contract to $19.3 million per year, which makes Campbell the sixth-highest paid corner in the league.

Green Bay's Jaire Alexander is the league's highest-paid cornerbacks in terms of annual average salary at $21 million. Cleveland's Denzel Ward ($20.1 million) is next, followed by Miami's Jalen Ramsey ($20 million), Baltimore's Marlon Humphrey ($19.5 million), New Orleans' Marshon Lattimore ($19.4 million) and Dallas' Trevon Diggs ($19.4 million).

The Jaguars selected Campbell, 24, with the first pick of the second round of the 2021 draft and he has six interceptions, 30 pass breakups, two forced fumbles, two fumble recoveries, and 203 tackles in three seasons. He has not made a Pro Bowl, but had the best season of his career in 2022 -- 3 interceptions, 15 pass breakups, 2 fumble recoveries, and 70 tackles.

He was limited to 11 games in 2023 because of a hamstring injury and had just one interception and five pass breakups.

Campbell will be the third player signed to a long-term deal by the Jaguars this offseason. Pass rusher  Josh Hines-Allen signed a five-year, $141.25 million contract with $76.5 million fully guaranteed in April, while quarterback Trevor Lawrence signed a five-year, $275 million contract with $142 million fully guaranteed in June.

Hines-Allen's $28.25 million annual salary is second only to San Francisco's Nick Bosa ($34 million). Lawrence's $55 million annually salary ties him with Cincinnati's Joe Burrow as the NFL's highest-paid QB.