Forget the franchise tag.
DeSean Jackson has a new contract.
The Eagles and their star wide receiver have agreed to a new five-year deal good through through 2016.
According to ProFootballTalk, citing sources, Jackson's deal comes with a base salary of 47 million and he'll get 15 million fully guaranteed. He'll also get 10 million to sign, with a 750,000 base salary and a 250,000 workout bonus in 2012.
In 2013, he'll get a 6.75 million base salary -- 4 million guaranteed.
Jackson has 230 career receptions for 4,096 yards and 21 touchdowns receiving and seven more touchdowns rushing or on punt returns. His 13 touchdowns of 60 yards or more since he entered the league in 2008 is six more than any other NFL player has during the same span.
Jackson had his least productive season in 2011, when he held out of training camp, had just four touchdown catches, failed to reach 1,000 yards for the first time since his rookie year, got suspended for a game against the Cards and dropped six touchdown passes.
While he can sometimes be a headache, Jackson's on-field production is unquestionable. Jackson, a second-round pick out of Cal in the 2008 draft, was a Pro Bowler in 2009 and 2010.
He is one of five players in NFL history to post at least 900 yards in each of his first four season and has the most receiving yards by any Eagle after four seasons.