Source: Jay Ratliff gets five-year extension

The Cowboys and Jay Ratliff have agreed on a five-year contract extension worth $40 million, according to a source.

Ratliff is expected to sign the deal after Friday’s practice. It includes $18 million in guaranteed money and runs through 2017. The Cowboys have had talks with Ratliff’s agent, Mark Slough, since the early part of training camp and Slough was at the team’s Valley Ranch facility earlier in the week.

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