The Facts:
Adam Schefter of ESPN reports that Davis signed a five-year, $37 million contract extension with $23 million guaranteed, making him the highest-paid tight end in football. Davis had one year left on his previous deal, which means he's now locked in with the 49ers through the 2016 season.
Reported by Profootballtalk.com
Fantasy Football Diehards Line:
As PFT's Michael David Smith notes, despite getting off to a rocky start with coach Mike Singletary, Davis emerged last season as one of the league's best receiving tight ends, with 78 catches for 965 yards and 13 touchdowns. Now he's been handsomely rewarded.
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