Pro Bowl center Alex Mack has officially signed the Jacksonville Jaguars five-year, $42 million offer sheet. The clock on the Cleveland Browns deciding to match the deal officially begins now and the team has five days to match the offer.
Browns transition-tagged center Alex Mack signed his five-year, $42M offer sheet that includes $26M guaranteed with the Jaguars.— Adam Schefter (@AdamSchefter) April 11, 2014
Alex Mack can void final three years of deal with promise he cannot be tagged again. Deal also includes a no-trade provision.— Adam Schefter (@AdamSchefter) April 11, 2014
Alex Mack's offer sheet with Jags that the Browns now have 5 days to match pats him $10M this season and $8M in the four season after.— Adam Schefter (@AdamSchefter) April 11, 2014
As Schefter mentions, the deal will pay Mack a total of $26 million guaranteed over the first three seasons. Mack also has the ability to opt out of the deal after the first two years, which will pay $18 million guaranteed and the deal includes a no-trade clause, meaning whichever team is on the hook for that $26 million over the first three years if he does not opt out.
There have been reports on both sides, that the Browns will immediately match any offer and that they're mulling it over. We'll know one way or the other in five days, at the latest.
The Browns have until Wednesday at 4 p.m. ET to match the offer.