The New Orleans Saints and free agent safety Malcolm Jenkins agreed to terms on a four-year, $32 million contract extension on Wednesday, reports Jordan Schultz of ESPN. Jenkins can earn up to $35 million over the life of the contract if he meets incentives for playing time and team wins, tying his personal success to the Saints’ overall success.
Additionally, $16.25 million of the deal is guaranteed at signing — the Philadelphia Inquirer’s Jeff McLane reports that $9 million of those guarantees are tied to a signing bonus, which is prorated over each of the four years of the contract.