The legal tampering period began Monday morning and the Jaguars wasted no time in getting with Jackson's reps to get the framework of a deal put together.
The defensive end is finalizing details on a contract that will make him the NFL’s fourth highest-paid defensive lineman, based on annual average over the first three, four and five years of a long-term deal.
Jackson has agreed to terms in principle. The Broncos, Oakland Raiders, and Chicago Bears have been the other serious bidders for Jackson's services, but Klis reports that the Washington Redskins and Kansas City Chiefs jumped in late, too.
Sources say Jackson's deal with the Jags is six years, $90 million, with $42 million guaranteed. The Broncos offered him $11-12 million per season, but as Klis points out, they could not compete with Jacksonville's enormous cap space ($82.2M).
The Jags have money to burn and for the third consecutive year, they're going to spend a big chunk of it on a former Bronco. Zane Beadles left following the 2013 season. He's since been released by the Jags.
Julius Thomas signed a big-money deal last year. His first season in Jacksonville was so-so, although he came on strong toward the end. The Jags are a team on the brink of turning the corner, and Jackson just might help them do it defensively.
However, were I an interested suitor, I'd have to consider the fact that in four years Jackson has less sacks than J.J. Watt had in 2015 alone. Because of how stacked Denver's defense is, Jackson has rarely had to face double teams.
Jackson has never been the center piece of a defense. Something tells me that although they have the salary cap space now, the money Jacksonville is about to pay Malik will dry up long before the term of his deal.
Three years from now, don't be surprised if he's looking for a job. That many millions of dollars will come with enormous pressure and expectation. Does Jackson have the talent to absorb it? Only time will tell.
Chad Jensen is the Publisher of Mile High Huddle. You can find him on Twitter @ChadNJensen.
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