The Minnesota Vikings announced Thursday that they have reached an agreement with Pro Bowl tight end T.J. Hockenson on a multi-year contract extension that will reportedly make him the NFL's highest-paid tight end. 

ESPN reports the deal has a total value of $68.5 million over four years and includes the largest amount of guaranteed money for a tight end at $42.5 million. The contract's average annual value of $17.125 million is also the highest ever at the position. 

Hockenson, a Pro Bowl selection in 2020 and 2022, was entering the final season of a five-year, $29.2 million contract he signed as a rookie in 2019.

"He fits our culture, he’s the type of player that we want around here in Minnesota," Vikings general manager Kwesi Adofo-Mensah said Thursday at a press conference announcing the signing.  "Really excited to get it done, a lot of late nights into this and we’re excited about that,"

Hockenson had missed the majority of training camp with an inner ear infection and a lower back injury, though head coach Kevin O' Connell said Thursday he expects the fifth-year pro to be ready for the Sept. 10 season opener against the Tampa Bay Buccaneers. 

The 26-year-old was taken by the Detroit with the eighth overall pick of the 2019 draft and spent 3 1/2 seasons with the Lions before being traded to the NFC North rival Vikings on Nov. 1.

Hockenson fit in seamlessly with his new team, as his 60 receptions were the most by a Vikings player through his first 10 games with the team in franchise history. He added 519 receiving yards and three touchdowns while helping Minnesota capture its first division title since 2017.

The University of Iowa product's 2022 campaign was highlighted by a 179-yard, two-touchdown performance for Detroit against the Seattle Seahawks on Oct. 2 and a 13-catch, 109-yard, two-touchdown effort against the New York Giants on Dec. 24. Hockenson had another double-digit catch outing against the GIants in the NFC playoffs, as he finished with 10 receptions totalling 129 yards in Minnesota's 31-24 loss.

Hockenson ended the 2022 regular season second among NFL tight ends in receptions (86) and receiving yards (914), trailing only Kansas City Chiefs All-Pro Travis Kelce in both categories while setting career highs in each.

Hockenson has recorded 60 or more receptions in three consecutive seasons and has compiled 246 catches, 2,587 receiving yards and 18 touchdowns in 57 career regular-season games.