The New England Patriots and tight end Jonnu Smith have agreed to a four-year deal worth $50 million, according to ESPN's Adam Schefter.
Smith's agent, Drew Rosenhaus, told ESPN that the deal includes $31.25 million guaranteed.
As noted by The MMQB's Albert Brees, Smith's new deal is the highest figure for a skill position player in franchise history and tops both the deals by Rob Gronkowski and Randy Moss, among others.
Smith caught a career-high eight touchdowns last season for the Titans, developing one of the most reliable targets for quarterback Ryan Tannehill.