The Indianapolis Colts and T.Y. Hilton have agreed upon a new contract, according to sources.
It was announced on the AFC South team's website that the wide receiver had signed a new deal with the team. It will be a five-year extension on his current contract and it was classed as a high priority for them.
The new deal will see Hilton earn $65 million, with $39 million guaranteed, and will keep him at the team till 2020.
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Colts General Manager Ryan Grison said: “It’s a great day for the Indianapolis Colts, T.Y. Hilton and his family. We’re extremely happy as an organization to ensure that T.Y. will continue to be a part of our journey for many years to come.
"His daily excellence on and off the field is a shining example of an individual striving for greatness and what it truly means to be a Colt.”
Since joining the Colts after being selected in the third round of the 2012 draft, the wide receiver has achieved 214 receptions for 3,289 yards, scoring 19 touchdowns, and averaging 15.4 yards per carry.
His performances last season of 1,345 yards and seven touchdowns from 82 receptions, averaging 16.4 yards per carry, earned himself a spot at the Pro Bowl.
The 25-year-old will now be the fourth highest paid wide receiver in the league, behind Calvin Johnson, Dez Bryant, and Demaryius Thomas.
Looking at Hilton's contract, his guaranteed money is quite high for a player that hasn't really proved himself in the league. He'll have to do a lot of work to live up to this money over the next couple of years.
Does T.Y. Hilton deserve this new contract? Leave a comment below...