Lions Exercise Penei Sewell’s Fifth-Year Option, Locking Him In Through 2029
According to recent reports, the Detroit Lions have exercised the fifth-year option on offensive tackle Penei Sewell’s rookie contract. This move extends Sewell’s contract by one year, tying him to the team through the 2029 season.
The contract extension also includes a substantial financial increase for Sewell. Over the first three years of the deal, he will receive a guaranteed $63 million. This represents a $40 million increase from the $23 million he was set to earn over the next two seasons.
The contract structure features a rolling guarantee, providing additional financial security for Sewell. This means that even if his performance declines in the future, he will still be guaranteed a certain amount of compensation.
With this extension, Sewell joins receiver Amon-Ra St. Brown as Lions players who have agreed to four-year extensions this week. However, Sewell’s contract extends for one additional year compared to St. Brown, due to the exercise of his fifth-year option.
The Lions’ commitment to Sewell reflects his exceptional talent and potential as a cornerstone of their offensive line. The team will undoubtedly be hoping that he can continue his impressive development and play a key role in their future success.