Adam Schefter is reporting via his Twitter page that Chris Johnson and the Titans have agreed on a new contract. No new years were added – just money, which was essentially all Johnson wanted anyway.

Titans are moving up a portion of RB Chris Johnson’s $2.5 million escalator — and problem averted. He’ll be in camp in time.

You knew a compromise would eventually get worked out. Due to the “30 percent” rule (and the fact that the new CBA deal has yet to be signed), the Titans couldn’t offer him more than a modest raise, which is exactly what they did in the end. The new deal buys the two sides another year to discuss a potential long-term solution, one that will likely make Johnson one of the highest paid players in the NFL.

As Schefter reports, Johnson is unlikely to holdout, which means fans in Tennessee can now collectively breathe a sigh of relief.