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According to NFL Network and NFL.com reporter Ian Rapoport, Chris Houston and the Detroit Lions have agreed to terms.
As Houston isn't flying in until tonight and won't sign until Thursday, financial details have not been provided.
Here are a few tidbits that make me think this deal is going to be cap-friendly.
First of all, MLive.com's Anwar Richardson Tweeted out the following quote from Houston:
I wanted to see what was out there, but with the market being flooded with corners, there wasn’t much positive out there.
That tells me that with the market flooded, he didn't have anything to try and leverage a better deal from the Lions with. That doesn't mean he won't be well paid because he will. Just that in a thinner secondary market, he might have been able to make a team overpay.
And while this is complete supposition, I think it's safe to say that Houston will be signing the three year deal Richardson discussed yesterday, which will allow the Lions to spread his cap hit out over several years.
We'll have more details on this here, probably tomorrow or the day after, but I'd imagine this is a very cap friendly deal.
Josh Katzenstein of the Detroit News is reporting this is actually a five year deal. Still no report on the money, but I'm even more certain that this will be a very cap friendly deal, at least for this year.
*****UPDATE NUMBER 2*****
Yahoo's Jason Cole is reporting some numbers on the deal and they look like a win-win for both sides. According to Cole, the deal is a five year, $35 million contract with $15.5 million in the first three years.
Again, we don't know where the money comes down this year, but this looks pretty cap friendly to me.