Seattle Seahawks' Super Bowl champion quarterback Russell Wilson agreed to a four-year, $87.6 million contract extension with the team which made him the NFL's second highest-paid player behind Green Bay's Aaron Rodgers, as reported by Yahoo Sports.

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The deal, which averages $21.9 million a year, consists of a $31 million signing bonus with around $61.5 million of guaranteed money.

There were initial reports that Wilson and his agent were initially asking for a deal worth $25 million annually, $3 million above Rodgers per year salary, but it did not work out as expected. Instead, the Seahawks and Wilson's camp negotiated and arranged the final agreement, which was made officially on early Friday morning.

Rumors abound that earlier in the summer Wilson wanted to become the highest paid NFL player this season. In the end, though, he was made to settle for second-highest and the huge guaranteed money clause was said to be the final straw that made him accept the offer, as per Mike Florio of NBC Sports' Pro Football Talk.

Seattle reportedly made the former Wisconsin standout happier by offering him a remuneration that is slightly higher than former second placer, quarterback Ben Roethlisberger of the Pittsburgh Steelers, who is currently earning $21.85 million a year.

Florio said that Russell made the right decision by not waiting until next year for a possibly bigger contract as he would have risked being branded by fans as "selfish". Besides, the new deal is many times more than what the Cincinnati native had earned in all his years as a pro.

Moreover, the contract is set to expire in 2019 when at 30 years old Russell is still at his prime and can still get a huge deal from any team.

There are mixed reactions among fans and the media with regards to Russell's new contract, which is to be expected for a deal this huge.

USA Today's Chris Chase said that Russell "went from the most underpaid quarterback in the NFL to its most overpaid." Chase even compared him to other top signal callers in the league, saying that he is "about 13th" overall when it comes to skills and value.

Meanwhile, the Washington Post's Neil Greenberg said that he had "earned almost every penny of his massive new contract." Greenberg suggested that based on the NFL's WPA (Win Probability Added) rating, Russell should be worth $50.2 million a year.

TagsNFL, NFL 2015, NFL news, NFL News 2015, NFL rumors, NFL Rumors 2015, Russell Wilson, Seattle Seahawks