According to ESPN’s Adam Schefter, the Washington Redskins have signed All-Pro cornerback Josh Norman to a five-year, $75 million deal. The news comes just two days after Norman had his franchise tag rescinded by the Carolina Panthers, immediately making him an unrestricted free agent.
Redskins are signing Josh Norman, per source.
— Adam Schefter (@AdamSchefter) April 22, 2016
ESPN’s Ed Werder has reported that Norman will receive $51.5 million in guaranteed money as part of the deal. Norman’s new contract makes the highest paid cornerback in the NFL, as his average income of $15 million per season is almost a full million dollars more than the annual income of Arizona’s Patrick Peterson, who makes $14.1 million per season.
— Washington Redskins (@Redskins) April 23, 2016
Norman tweeted out a series of emojis on Friday night shortly after signing his new deal with the Redskins.
— *Joshua R. Norman (@J_No24) April 22, 2016
Also according to Schefter, Norman had narrowed down his decision to either the Redskins or the New Orleans Saints shortly before signing with Washington on Friday.
The addition of Josh Norman will make the Redskins a force to be reckoned with in the NFC East in 2016. Their offense of Kirk Cousins, Jordan Reed, DeSean Jackson, and Pierre Garcon is well above average, and now, their secondary will not only have a base in Josh Norman, but they may have one of the best sets of cornerbacks in the entire NFL with Norman joining Chris Culliver and DeAngelo Hall.
What This Means For Washington’s Future:
With Josh Norman and Chris Culliver now locked down long term, the Redskins now have something to build around on their defense and provide them stability. However, with TE Jordan Reed, and WR’s DeSean Jackson and Pierre Garcon all set to have their contracts expire at the end of the 2016 season, the Redskins offense could be taking a major hit with the amount of money heading Norman’s way unless they are able to convince certain players to restructure their contracts. If not, the Redskins will likely lose all three of their top pass-catchers to free agency due to their now very limited options with their salary cap. The Josh Norman signing certainly makes the Washington Redskins the favorite to win the NFC East in 2016, but it did not exactly make life any easier for this team come next offseason.