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According to Randy Lange of the New York Jets, the team has signed Nick Folk to a long-term deal. Folk was franchised not too long ago, so it's good to see that the team has locked him up for a few years.
You can read more about Folk's amazing-ness here. I will update this post once we have more information about the actual contract details.
EDIT:
Per team source, Nick Folk's deal with the Jets is for four years. #nyjets
— Kristian Dyer (@KristianRDyer) March 11, 2014
EDIT 2:
Nick Folk got $12M over 4 years with $2.1M guaranteed. His '14 cap number is $3.6M. It was $3.556M with the franchise tag.
— Joel Corry (@corryjoel) March 11, 2014