Defensive tackle Gerald McCoy has signed a seven-year extension with the Tampa Bay Buccaneers worth $98 million, making McCoy the highest-paid player at his position.

McCoy, a 2013 All-Pro, will get $51.5 million guaranteed, the most ever given to a defensive tackle in NFL history. His new deal will average $14 million per year.

Including his current salary for 2014, McCoy would make $111 million over the eight-year period.

The deal was concluded Saturday by McCoy's agent, Ben Dogra, and Buccaneers general manager Jason Licht.

Dogra said, "Gerald is extremely excited to remain with the Tampa Bay Buccaneers and he is especially thankful to Bucs owners, coaches, and Jason Licht for working so hard throughout the process."

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