Vernon Davis signed to five-year extension
Four months after signing linebacker Patrick Willis to a long-term contract extension, the Niners did the same today with Vernon Davis, another franchise cornerstone, who will become the highest-paid tight end in NFL history. Davis was signed to a five-year extension through 2015. Multiple sources, including the Sacramento Bee, have reported that Davis will receive $23 million guaranteed and could earn as much as $37 million overall. The deal is…