Edelman set for extension

Julian Edelman was named MVP of Super Bowl LIII

Julian Edelman was named MVP of Super Bowl LIII

Edelman's worth to the Patriots' offense can't be overstated, as he is easily quarterback Tom Brady's top security blanket as a do-it-all wide receiver.

Julian Edelman and the New England Patriots are finalizing a multi-year contract extension, as first reported by NFL Network's Mike Garafolo.

Various reports indicated the Patriots were willing to spend close to $10 million per season on the free agents, so it makes sense that the team would be willing to offer a bit more to a proven performer like Edelman.

Additionally, Edelman is one of the best punt returners in league history, with 177 returns for 1,986 yards (an 11.2-yard average) and 4 TDs. It includes $12 million guaranteed, highlighted by an $8 million signing bonus, according to a source, and he'll earn base salaries of $1 million in 2019, $3.3 million in 2020 and $2.8 million in 2021.

Edelman sits atop New England's wideout depth chart heading into next season, ahead of first-round pick N'Keal Harry, Phillip Dorsett, Demaryius Thomas and others. Edelman also produced one of the top championship-game circus catches in the Patriots' comeback win over the Atlanta Falcons in Super Bowl LI.

Edelman, 32, led the Patriots in receiving yards (850) in 2018 and finished second on the team with 74 receptions, scoring six touchdowns on the year.

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