On Thursday, the team rewarded its kicker for his steady performance. The Cowboys officially signed Bailey to a seven-year contract extension that will take him through the 2020 season. NFL Media Insider Ian Rapoport reported via a person who has seen the contract that Bailey's extension, which starts in 2014, is for $22.5 million and includes $7.5 million guaranteed. Bailey had been set to become a restricted free agent.
Bailey, 25, made 28-of-30 field-goal attempts this season, including all 47 extra-point attempts. He hit his last 21 field-goal attempts of the season and went 10-for-10 on kicks between 40 and 47 yards. Bailey has a 90.8 percent field-goal conversion rate since entering the league in 2011, including a 93.4 percentage since 2012.
The move is a win-win for both sides. Bailey gets security and -- we presume -- a competitive salary. The Cowboys get salary cap relief by spreading Bailey's money over seven years.
Now all Bailey has to do is keep making his kicks.