ESPN's Adam Schefter reported that the deal is worth $36 million over two years, with $26 million guaranteed. There is $22 million guaranteed after signing the deal, with $18 million of that coming in 2016, according to ESPN's Andrew Brandt, who added that there is an $11 million signing bonus. His official salary in 2016 will be $7 million, and $4 million will be guaranteed in 2017.
Ian Rapoport of NFL Network added additional detail, noting that $4 million of the $8 million guaranteed in the second year is injury-only, while the other $4 million has offsets built in.
On Thursday, Bradford told reporters it was a "huge relief" to get the call about the new deal, adding that he was "not at all tempted" by free agency.
"I just wanted to be back in Philly. And my agent felt the contract was good for both sides," Bradford continued, via Bob Grotz of the Delaware County Times.
"I would have preferred a 100-year deal," Bradford added, via Dave Zangaro of CSN Philadelphia. He noted he was "looking forward" to having the freedom to audible at the line next season, according to Josh Paunil of 247Sports.
Alex Marvez of FoxSports.com showcased the gap between what Bradford has been paid and his on-field results:
Eagles receiver Jordan Matthews congratulated his quarterback on the new deal:
Eagles tight end Zach Ertz reacted to the news:
Philadelphia acquired Bradford from the then-St. Louis Rams back in March 2015 as part of a deal that included fellow quarterback Nick Foles. The Rams originally selected the Oklahoma product with the first overall pick in the 2010 draft.
At 28, he's shown flashes of being able to fill the vital role of franchise quarterback. He tossed 14 touchdowns in just seven games back in 2013.
However, injuries have dominated the story of his career.
He suffered a serious shoulder setback during his final year of college and has twice missed extended periods with a torn ACL. All told, he entered his first season with the Eagles having missed 31 games over the previous four years before appearing in 14 contests in 2015.
Bradford put together a mediocre season with 19 touchdowns and 14 interceptions while completing 65 percent of his throws. It amounted to an 86.4 passer rating, which ranked 26th among qualified QBs.
ESPN Stats & Info noted his success down the stretch:
Cian Fahey of Pre Snap Reads pointed out that his mundane production doesn't tell the entire story:
But his overall numbers still leave a lot to be desired, as Joe Giglio of NJ.com highlighted:
When asked late in the season whether he wanted to stay in Philadelphia, he stated that his intention was to let the process play out, as noted by Eliot Shorr-Parks of NJ.com.
"I'll think about that in the offseason," Bradford said. "I'm not too worried about what is going to happen three or four months down the line."
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Ultimately, he decided the Eagles and new head coach Doug Pederson represented his best option.
When it comes to quarterbacks in the NFL, there aren't enough legitimate starters to meet the demand. And those teams that get stuck without a reliable player under center are often caught in competitive limbo until they fill the void.
Andrew Brandt of ESPN explained how the difficulty of filling such a void played a major role in Bradford's getting another lucrative deal:
Peter King of The MMQB understands the reasoning for both sides:
The pact will also have a trickle-down effect throughout the rest of the offseason, as Peter Burns of ESPN commented:
Bradford will hope working with new Eagles offensive coordinator Frank Reich can spark both his own play and the offense as a whole. Reich comes over from the Chargers, who ranked ninth in total offense and fourth in passing offense last season, albeit with Philip Rivers leading the way.
While there's risk involved with Bradford due to his injury history, taking the chance on him makes sense, since there's still a realistic shot he can provide stability at QB for the Eagles.
With that said, the 2016 season will be important for him as he looks to bounce back from an up-and-down campaign.