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. The sides had until July 15 to agree to a long-term contract, or Godwin would have played the 2022 season on a franchise tender worth $19.18 million.
Godwin suffered a torn ACL in the Bucs’ Week 15 loss to the New Orleans Saints, ending his season. Even with the injury, he finished the…