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Cracking the code on Calvin Johnson’s deal

Cracking the code on Calvin Johnson’s deal

On Wednesday, the Lions extended the contract of receiver Calvin Johnson.  Initially reported as a seven-year, $132 million deal, this characterization overlooked the reality that:  (1) it covers eight years; and (2) Johnson already was due to earn $18.5 million in 2012.  Also, the report that Johnson will receive $60 million in guaranteed money is,…