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Report: Jamaal Charles, Chiefs agree to two-year extension

The Kansas City Chiefs and running back Jamaal Charles have reached an agreement on a two-year contract extension that will raise Charles' pay $5 million per year over the next two seasons.
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The Kansas City Chiefs and running back Jamaal Charles have reached an agreement on a two-year contract extension, according to NFL.com's Ian Rapoport.

The extension will raise Charles' pay $5 million per year over the next two years.

Charles, 27, was set to make $3.9 million on his old deal.

Rapoport reported Tuesday that Charles, believing he deserved a higher salary, was considering holding out from training camp.

A third-round pick out of Texas in 2008, Charles is a three-time Pro Bowl pick and twice earned first-team All-Pro honors.

He rushed for 1,287 yards and led the NFL with 12 rushing touchdowns last season as the Chiefs went 11-5 before falling to the Colts in the Wild Card round of the playoffs.

More: Offseason report card: Chiefs

- Chris Johnson