New York Newsday said Faneca, who has spent his 10-year NFL career with the Pittsburgh Steelers, will get $21 million in guaranteed money. He is expected to arrive on Long Island Sunday for a physical Monday, when the deal will be signed.
Faneca, 31, a seven-time Pro-Bowl selection, had expressed displeasure with Steelers management last year for not offering him a deal on a par with those of other top interior linemen. He requested a trade prior to the season.
"He was the highest-paid guard the past three years and now he'll be the highest-paid offensive lineman in football," Faneca's agent, Rick Smith, told the Pittsburgh Post-Gazette. "I have personal satisfaction in that because, if anyone deserves it, he does."
Faneca has not missed a start since the 2001 season.
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