Calling Ryan Tannehill an "ascending talent," the Dolphins have extended the contract of their franchise quarterback through 2020, per the Palm Beach Post, which is further reporting that he will likely earn more than $15 million per season.

Tannehill peaked in 2014, throwing for a career-high 4,045 yards and 27 touchdowns with just 12 interceptions.

"He is an ascending talent, a team leader and he checks all of the boxes you are looking for at the position," said Miami executive vice president of football operations Mike Tannenbaum.

Added general manager Dennis Hickey: "He's a proven quarterback in this league that combines skillset with work ethic, passion, toughness, and a team-first mentality."

The Dolphins had already exercised their fifth-year option on Tannehill's rookie deal, but their latest move adds at least four more years to his time in Miami.