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Sources: Falcons signing CB A.J. Terrell to 4-year, $81M deal

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A week after acquiring two Pro Bowl newcomers, the Atlanta Falcons have reached a deal with one of their existing top players, signing cornerback A.J. Terrell to a four-year, $81 million contract, sources told ESPN's Adam Schefter on Thursday.

The deal includes $65.8 million in effectively full guarantees, sources said, which represents the largest guarantee ever given to a cornerback on a four-year agreement. The contract was negotiated by Terrell's agents David Mulugheta and Trevon Smith of Athletes First.

Terrell is now the second-highest-paid cornerback in the NFL by salary at $20.