Running back Le'Veon Bell plans to sign a four-year, $52.5 million deal with the New York Jets, according to a report from ESPN.
A league source told ESPN's Adam Schefter that the deal guarantees the former Pittsburgh Steelers running back $35 million and can be worth nearly $61 million with incentives.
Bell confirmed his decision with an Instagram post late Tuesday night that featured an illustration of himself in a Jets jersey.
The running back sat out the entire 2018 season after the Steelers placed the franchise tag on him after failing to reach a new contract. Bell became a free agent once the team decided against placing a franchise or transition tag on him for the upcoming season.
Bell compiled a total of 1,946 yards and 11 touchdowns in 2017, his most recent season playing. For his career, the two-time All-Pro has totaled 5,336 rushing yards, 2,660 receiving yards and 42 touchdowns.
His $13.25 million average over the length of his new deal would place him second in the NFL among running backs, behind only Los Angeles Rams running back Todd Gurley's $14.37 million average, according to ESPN.