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Jamaal Charles, Kansas City Chiefs Agree To Contract Extension

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KANSAS CITY MO - OCTOBER 24:  Jamaal Charles #25 of the Kansas City Chiefs carries the ball during the game against the Jacksonville Jaguars on October 24 2010 at Arrowhead Stadium in Kansas City Missouri.  (Photo by Jamie Squire/Getty Images)
KANSAS CITY MO - OCTOBER 24: Jamaal Charles #25 of the Kansas City Chiefs carries the ball during the game against the Jacksonville Jaguars on October 24 2010 at Arrowhead Stadium in Kansas City Missouri. (Photo by Jamie Squire/Getty Images)
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Well this is about the best news we've had on a Saturday in a long time. The Kansas City Chiefs and Jamaal Charles have agreed upon a 5-year, $32.5 million dollar contract extension. The important part of this contract is the $13 million in guaranteed money. ESPN's Adam Schefter was the first to report the extension.

This contract extension locks Charles up through the 2015 NFL season and makes complete sense for both sides. In 2010, Charles has 1,167 yards rushing, three touchdowns and a sickening 6.2 yards per carry average.

Just a couple of weeks ago, Joel wrote a post talking about Jamaal Charles's current contract. After being drafted by the Chiefs in the third round of the 2008 NFL draft, he inked a deal with KC for 3-years, $1.75 million. For a potential MVP candidate in 2010. That's what we call a good deal.

Joel summed it up best when he said, "Is there a better value in the NFL? I'm not sure that there is. Charles is one of the top backs, his abilities have expanded to the passing game, and his career is actually being extended by Todd Haley giving him limited carries."

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(H/T saskwatch)