NFL Network's Mike Garafolo reported Thursday that the Patriots and Edelman are moving toward a contract extension that should be completed in the next day or so, per sources informed of the situation.
Edelman was set to earn $3 million in base salary in 2017, entering the final year of his four-year deal signed in 2014.
The 31-year-old receiver is coming off his second 1,000-plus yard season in nine years with the Patriots. Not coincidently, both of those seasons came in the only years Edelman participated in a full 16-game slate. In 2016, Tom Brady's most reliable target snared 98 passes for 1,106 yards -- by far the most on the Pats -- and three touchdowns.
Edelman became the Super Bowl LI hero with a shoe-string catch to keep the Pats' furious comeback alive.