News & Info/Headlines

The Philadelphia Eagles have agreed to terms on a five-year contract with wide receiver DeSean Jackson, the team announced Wednesday.

"We are thrilled to be able to keep one of the NFL's top playmakers in Philadelphia," head coach Andy Reid said. "DeSean is a game breaker. He has the speed and ability to score from anywhere on the field, and he has proven himself to be a big threat for our offense."

Jackson will earn $48.5 million over five seasons, a league source told NFL Network insider Jason La Canfora. ESPN's Adam Schefter reports the deal could be worth up to $51 million.

According to Profootballtalk.com's Mike Florio backed up Schefter's ceiling, adding that Jackson also gets $15 million fully guaranteed.

Florio added that Jackson also could earn up to $4 million in escalators, which brings the total potential payout to Schefter's $51 million mark.

Bottom line?

Jackson swapped a one-year, $9.4 million guaranteed franchise tender in exchange for another $5.6 million in fully guaranteed money -- and $3 million more in money guaranteed for injury only.

As Florio put it: "The deal allows him to stop obsessing over his long-term financial security, which should get him back to playing the kind of football we saw from him in 2009 and 2010, not in 2011, when he seemed to be more concerned about staying healthy in order to get paid and not playing at a high level.

"And it represents a calculated risk by the Eagles, who had every reason to let it ride for 2012 and see if Jackson would behave like he did for much of 2011."

Jackson has career totals of 230 receptions, 4,096 yards and 21 touchdowns in four seasons in Philadelphia after he was a second-round pick in 2008 out of Cal. He also has three rushing scores and a franchise-record four punt returns for touchdowns.

Teammate Michael Vick posted his congratulations to Jackson on Twitter: "Congrats to my Lil brother @DeseanJackson10 your greatest years are still ahead of you bruh. #letswork #birdgang #bleedgreen."

Jackson, 25, was named to the Pro Bowl following the 2009 and 2010 seasons, and is one of five players in NFL history to at least 900 yards receiving in each of his four seasons.

His play slipped some last season, partly due to his distraction over his contract, but he still caught 58 passes for 961 yards and four touchdowns. His deep routes and ability to take multiple defenders often opened up the Eagles offense underneath.

But he'll need to be a more consistent playmaker this year to regain the Fantasy cache lost in 2011.