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Chris Ivory contract reportedly 5 years, $32.5 million range

The details for Chris Ivory's contract with the Jacksonville Jaguars are starting to trickle out.

William Hauser-USA TODAY Sports

The Jacksonville Jaguars agreed to a deal with free agent running back Chris Ivory on Monday evening, which can be finalized on Wednesday at 4 p.m. EST at the official start of the league year. The rumors when the news hit was that the deal could average somewhere at or north of $6 million per year. Details of the Ivory deal are now starting to be reported and it's about what you would expect it to be.

That deal looks very similar to what the Jaguars gave to Maurice Jones-Drew a few years ago, but it's likely that it will be a lot easier to get out of if the deal ends up going south. The guaranteed figure of the deal, which I'm going to guess ends up in the $12 million range, is likely going to be paid, if not in full, in it's majority by the end of the 2017, which in essence can make it more of a two-year deal with three one-year deals after it. That's how the Jaguars have set up their deals under Dave Caldwell so far, so I'd expect this one to be no different.

Ivory, 27, is coming off the best year of his career rushing for 1,070 yards, which was the sixth most in the NFL, and finding the endzone on the ground seven times. That latter part is something that should help the Jaguars and likely a large part of why they went after Ivory so aggressively. He should be the perfect compliment to T.J. Yeldon for a nice 1-2 combination in the running game.