The person spoke on condition of anonymity because the team hadn't announced the agreement.
The deal, which includes about $7 million guaranteed, means all four of the Jets' draft picks are under contract before the team reports for training camp in Cortland on Sunday.
"I'm a millionaire!!!!!! And headed to camp," Wilson wrote on his Twitter page.
Wilson, considered by many to be the top cornerback in the draft because of his solid man-to-man skills, slipped to the Jets at 29th overall. Coach Rex Ryan immediately said Wilson would have a key role in a defense that ranked No. 1 overall and tops in pass defense last season.
Wilson likely will be the Jets' starting nickel back and compete for the job as the primary punt returner. The Piscataway, N.J., native had 11 interceptions at Boise State and returned three punts for scores.
Wilson's contract compares favorably to that of McCourty, who received $13.2 million with $7.825 million guaranteed. Miami defensive end Jared Odrick, picked one spot ahead of Wilson, agreed to a five-year deal worth up to $13 million, including $7.13 million guaranteed.
Wilson was a standout cornerback and wide receiver at Piscataway High School, and he chose Boise State over late scholarship offers from Rutgers and Iowa. He became a starter in the second half of his freshman season and helped lead Boise State to a Fiesta Bowl victory over TCU to cap his college career.
Copyright 2010 by The Associated Press