According to a source, the Seattle Seahawks are going to sign a receiver to a three-year, $72 million contract.
The signing bonus is the highest ever for a receiver, according to the source.
At 27 years old, he will be a free agent again.
He reported with the rest of the team Tuesday, then did not take part in any portion of Wednesday's first practice due to the contract negotiations.
Pete Carroll said Wednesday that the sides were working to reach an agreement.
The work that came to fruition was done in Seattle.
Over his first three seasons, the final pick of the second round has 216 catches for 3,170 yards and 29 touchdown He broke Steve Largent's single-season franchise record with 1,303 receiving yards and made his first Pro Bowl.
In his career, he has never missed a game. He had surgery on his foot after playing most of last season.