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Browns finalize four-year deal for Jamie Collins

Cleveland Browns v Baltimore Ravens

BALTIMORE, MD - NOVEMBER 10: Wide receiver Steve Smith #89 of the Baltimore Ravens is tackled by outside linebacker Jamie Collins #51 of the Cleveland Browns in the first quarter at M&T Bank Stadium on November 10, 2016 in Baltimore, Maryland. (Photo by Patrick Smith/Getty Images)

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The Browns announced on Monday that they have signed linebacker Jamie Collins to a new four-year contract.

A CBS Sports report last week said the sides were close on a four-year deal. NFL Network reported Monday that the deal is worth $50 million, $26 million guaranteed.

The Browns acquired Collins in a trade before the trade deadline last season. The Patriots traded him figuring they wouldn’t be able to meet his salary demands, and Collins started all eight games he played with the Browns. He had two sacks and a forced fumble in those eight games.

The Browns knew they were going to have pay a steep price to retain Collins, and they hope this new deal that makes him one of the highest-paid linebackers in football will be an important step in their rebuilding process.

“We are going to be aggressive about acquiring talent, and when we had the opportunity to trade for Jamie back in October, it was done with the intent of him becoming a long-term part of our defense,” Browns executive vice president of football operations Sashi Brown said in a team statement. “Jamie has shown throughout his NFL career that he is a very talented player with a rare skill set that allows him to impact games in a number of ways.”

Had Collins hit the open market in March, he likely would have been one of the most coveted free agents at any position. A second-round pick in 2013, Collins had been a starter since his second year with the Patriots before the trade. He has 12.5 sacks and five interceptions over his four-year career.