Godwin agreed to a three-year, $60 million contract extension with the Buccaneers on Wednesday, Adam Schefter of ESPN reports.
Analysis: Tampa Bay applied the franchise tag on Godwin last week for the second consecutive year, and the two sides were quickly able to come to a new agreement. The 2017 third-round pick will receive $40 million guaranteed and is set to return to the open market in 2025 when still only 29 years old. Godwin is recovering from the torn ACL and sprained MCL he sustained during Week 15, so it remains to be seen if he'll be ready to catch passes from Tom Brady for the start of the 2022 campaign.
Chris Godwin Second consecutive franchise tag
The Buccaneers placed the franchise tag on Godwin on Tuesday, Greg Auman of The Athletic reports.
Analysis: For the second year in a row, Tampa Bay has done as much with Godwin, meaning he'll be due $19.2 million in 2022 if the two sides are unable to come to terms on a long-term deal. Currently, he's in recovery mode from the torn ACL and sprained MCL that he sustained in his right knee back in Week 15. Due to the timing of the injury, Godwin's availability for Week 1 of next season is in question, as is who will be under center for the Bucs once he gets healthy following the retirement of Tom Brady this offseason.
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