Josh Norman has agreed to sign with the Washington Redskins in a whopping deal worth a $75 million over five seasons, with $51 million coming to Norman in the first three years, FS1 NFL Insider Mike Garafolo reports. This makes him the highest-paid cornerback in the league.

Josh Norman is signing with the #Redskins

— Ian Rapoport (@RapSheet) April 22, 2016

Josh Norman gets $51m over the first three years of a five-year deal that is worth $75m total. Now the highest paid CB in the NFL.

— Mike Garafolo (@MikeGarafolo) April 22, 2016

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Norman was unexpectedly cut loose by the Panthers earlier this week, when the team rescinded its franchise tag and made him an unrestricted free agent.

Panthers GM Dave Gettleman explained team wasn't interested in the one-year, $13.592 million contract that came with the franchise tag, and the sides weren't close on a longer-term deal that would have kept Norman in Carolina for the foreseeable future.

#HAIL🔥💯💪🏽😾

— *Joshua R. Norman (@J_No24) April 22, 2016

The Redskins have had a quiet offseason to this point, with the team's biggest move being the retention of Kirk Cousins at the quarterback position through the use of the franchise tag. That changes immediately now that Norman has agreed to join the roster.

The Norman clan and our new @redskins family! @jno24 @umpp2 @iammarrionorman @chino1bambino

A video posted by Jeanine Juliano (@jeanine_juliano) on

The biggest impact for NFL fans? Norman will be matched up against New York Giants wide receiver Odell Beckham Jr. -- with whom he had a notable scuffle in Week 15 -- twice during the 2016 regular season.