A person with knowledge of the situation says the New York Jets and linebacker Jamien Sherwood agreed to terms on a three-year deal worth $45 million.

According to reports including ESPN's Adam Schefter, linebacker Jamien Sherwood has inked a contract extension in New York. Sherwood has signed a three-year extension worth $45 million:

The New York Jets have retained standout middle linebacker Jamien Sherwood with a three-year, $45 million deal, according to reports on Sunday night.