The Atlanta Falcons and defensive tackle Grady Jarrett have reached an agreement on a four-year, $68 million deal according to ESPN's Adam Schefter.
The agreement beats Monday's deadline to extend franchise tags by about one hour and 10 minutes and will keep Jarrett in Atlanta through 2023 if completed in full.
According to the NFL Network's Ian Rapoport, $42.5 million is guaranteed.
The deal makes him the third-highest defensive tackle in football behind Aaron Donald of the Los Angeles Rams ($22 million) and Fletcher Cox ($17.1) of the Philadelphia Eagles.
In 14 games last season for the Falcons, Jarrett had 52 combined tackles and six sacks. It was Jarrett's fourth season in Atlanta after he was selected in the fifth round (No. 137) out of Clemson in 2015.
That leaves Houston Texans linebacker Jadeveon Clowney as the player yet to reach a deal. Schefter reports the two sides coming together on a deal before Monday's deadline is unlikely.