The Facts: The Raiders and Jacobs have agreed to terms on a new one-year contract worth up to $12 million, NFL Network Insiders Ian Rapoport and Tom Pelissero reported on Saturday.

Diehards Line: The deal replaces the $10.091 million franchise tag and clears the way for Jacobs to return to the Raiders after staying away from the club throughout the offseason and training camp. Jacobs can earn another $200,000 in incentives under the new contract, per Rapoport and Pelissero. Jacobs led the NFL in rushing in 2022, which was a contract year for the 2019 first-round pick out of Alabama. He also kept the Raiders somewhat afloat in a season in which Las Vegas couldn't close games and all but wasted a top-three statistical year for wide receiver Davante Adams.