Green Bay Locks Up Greg Jennings With Extension

NFL News And RumorsAnalyst IJune 24, 2009

GREEN BAY, WI - JANUARY 12:  Wide receiver Greg Jennings #85 of the Green Bay Packers celebrates with a 'Lambeau leap' after catching a two-yard touchdown pass in the second quarter against the Seattle Seahawks during the NFC divisional playoff game on January 12, 2008 at Lambeau Field in Green Bay, Wisconsin.  (Photo by Jonathan Daniel/Getty Images)

Greg Jennings is now one of the NFL's highest paid WR's.

ESPN has just reported that a contract has been finalized that will pay him $27 million in "new money" through 2012.

The contract calls for roughly $16 million in guarantees.

In comparison, top Free Agent WR TJ Houshmandzadeh got about $1 million less from the Seattle Seahawks in annual salary then Jennings is receiving.

Extending Jennings keeps intact one of the top WR combos in the NFL along with Donald Driver. Driver has topped the 1,000 yard mark six times over the past seven seasons.

Jennings' was set to become a Free Agent after the 2009 season and likely would have garnered an even larger contract on the open market.