Contract Extension | featured news

Calvin Johnson is getting paid. The Lions are giving him a seven-year, $132 million extension, with $60 million guaranteed.

For CC Sabathia, there's no better place to pitch than Yankee Stadium. The big left-hander decided to stay with New York rather than test the free-agent market, agreeing Monday to a new deal that adds $30 million and one season to his existing contract, giving him a package that pays $122 million over the next five years.

Tom Brady and the Patriots finalized a 4-year extension, and Peter King reports that Brady “it’s safe to say” be the highest-paid player, averaging roughly $19 million per year.

Kobe Bryant is staying with the Los Angeles Lakers for another three years.  The deal means the Lakers achieved two main objectives going into the season — signing Bryant and Pau Gasol to extensions.

AL MVP Joe Mauer has agreed to an eight-year, $184 million contract extension to stay with the Minnesota Twins.  The deal announced Sunday covers the 2011-2018 seasons and includes a full no-trade clause.

The Minnesota Twins have signed center fielder Denard Span to a five-year, $16.5 million contract extension.

Simon Cowell, despite hinting in the spring that he might be leaving “American Idol,” will be a judge on hit reality show for at least three more seasons and reportedly will earn $45 million under the new pact.

Two-time All-Star Brandon Roy and the Portland Trail Blazers have agreed to a five-year contract extension, his agent says.

Eli Manning would be the league’s highest-paid player after a reported $97.5 million deal with the Giants.

Two-time NBA Most Valuable Player Steve Nash notified the Phoenix Suns over the weekend that he is accepting the Suns' two-year extension offer worth an estimated $22 million, according to team sources.