jeremy kerley

Jeremy Kerley's contract extension with the Jets calls for a $3 million signing bonus. (William Perlman | NJ Advance Media for NJ.com)

FLORHAM PARK — The Jets earlier this week locked wideout Jeremy Kerley into a contract extension. What follows are the details, according to a league source.

Kerley is in the fourth and final year of the rookie deal he signed after being drafted in the fifth round out of TCU in 2011. His new contract, inked Tuesday, has a max length of four years, from 2015 to 2018. It includes a $3 million signing bonus and $5.4 million in guarantees, though no portion of the deal is guaranteed beyond the 2015 season. The annual breakdown in base salaries is as follows:

• 2015: $2 million

• 2016: $2.5 million

• 2017: $3 million

• 2018: $3.5 million

The terms are similar to the deal wideout Andre Roberts struck with Washington this offseason, which was for four years with $5.25 million guaranteed and a $4 million signing bonus, per overthecap.com. But Kerley's contract also includes $500,000 in annual incentives based on passes caught. The max value, should Kerley play through till the end of the contract, is approximately $15.4 million, or slightly less than the $16 million reported earlier in the week. But with the incentives the deal could potentially be worth as much as $17.4 million.

Oh, here are the annual cap hits for the Jets:

• 2015: $2.6 million

• 2016: $3.1 million

• 2017: $3.6 million

• 2018: $4.1 million

Dom Cosentino may be reached at dcosentino@njadvancemedia.com. Follow him on Twitter @domcosentino. Find NJ.com Jets on Facebook.