Tampa Bay Buccaneers franchise player Chris Godwin reached agreement on a three-year, $60 million deal that includes $40 million fully guaranteed at signing, sources told ESPN's Adam Schefter and Jenna Laine on Wednesday.
Godwin wanted a three-year deal so he could become a free agent again at 29, and the Bucs were able to lower his first-year cap hit to just $5 million by adding void years to the deal, lowering it from the $19 million he'd have commanded with the tag, sources told Laine.
The Bucs placed their franchise tag on the veteran wide receiver for the second straight year on March 8.