Calvin Johnson has signed the largest contract ever given to a wide receiver. His wallet can soften the fall on catches like this one. (LM Otero / AP)

Megatron is getting megabucks.

The Detroit Lions signed star wide receiver Calvin Johnson to a seven-year contract extension that is the richest deal ever given a wide receiver.

The $132 million contract, which will keep Johnson in Detroit through the 2019 season, includes $60 million guaranteed and tops the $120 million deal the Arizona Cardinals gave Larry Fitzgerald last year. The No. 2 pick out of Georgia Tech in the 2007 NFL Draft, Johnson could have become a free agent after the 2012 season. The deal was first reported by ESPN’s Adam Schefter. The $60 million is the highest guaranteed figure in NFL history.

Johnson had a career season in 2011, catching 96 passes for 1.681 yards and 16 touchdowns. The move gives the Lions more salary-cap space in which to pursue free agents; Johnson was going to be a $21.1 million cap hit this year for the Lions.

#Megatron #CalvinJohnson earned every cent #BigPlayCJ

— Jahvid best (@J4hvidbest) March 14, 2012

Wonder what JaMarcus Russell, drafted one spot ahead of Calvin Johnson, thinks of the richest deal in NFL history.

— Adam Schefter (@AdamSchefter) March 14, 2012

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