SEATTLE -- Seahawks Quarterback Russell Wilson posted a video on Twitter early Tuesday morning announcing that he and the team have reached a deal.
Wilson had previously given the Seattle Seahawks until April 15 to finish negotiations on a contract extension, according to reports.
ESPN's Adam Schefter reports Wilson will become the NFL's new highest-paid player with a four-year, $140 million extension that includes a $65 million bonus.
Wilson is now under team control through the 2023 season.
Prior to the announcement, Wilson was set to earn $17 million in base salary this year, which is the last year of a 4-year extension his signed in 2015. That contract was worth $87.6 million.
The 30-year-old’s old average annual salary — $21.9 million — had put him at 12th in the NFL for quarterbacks.
The Seahawks have not officially made an announcement.