Wide receiver Cole Beasley is going to remain with the Dallas Cowboys for the foreseeable future after agreeing to a four-year contract to stay with his hometown team, a source confirmed Tuesday.
The deal is worth $13.6 million and includes $7 million guaranteed. If Beasley meets certain incentives, the deal could stretch to $15.1 million. Beasley got a $4 million signing bonus, and his base salary for next season will be $1 million.
Beasley, who was set to become a restricted free agent, had 37 catches for 420 yards and four touchdowns in the regular season last year. He had seven catches for 101 yards in the Cowboys’ two playoff games.
The 5-foot-8, 180-pound 25-year-old has spent all three of his professional seasons with the Cowboys, playing mostly in the slot, and has 91 career catches for 916 yards and six touchdowns. The Little Elm product joined the organization as an undrafted free agent out of SMU in 2012 and almost walked away from the game during training camp that year.
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But Beasley has come a long way on the field and financially. Beasley received a $1,500 signing bonus when he originally signed and made $570,000 last year.
Receiver Dez Bryant, to whom the Cowboys applied the franchise tag Monday, tweeted his congratulations to Beasley on the extension. Bryant is seeking a lucrative extension himself that would make him among the highest-paid receivers in the game.
“Congrats to my boy @Bease11 #beast #truth,” Bryant wrote on his Twitter account, @DezBryant.