Verner's deal with the Bucs is worth $26.5 million over four years and includes $14 million in guaranteed money, CBS Sports NFL Insider Jason La Canfora has reported. Those numbers align with what Verner said he was looking for during an interview with SiriusXM Sports on Monday.
"I would feel more obliged to go to a team that paid me $6 or $7 million and made me one of the highest-paid players on the team than go to a team that paid me $8 or $9 million and I wasn't one of the highest-paid players on the team," Verner said.
In Tampa Bay, Verner will be one of the top-five highest paid players on the Buccaneers 2014 roster. One player who would make more than Verner if he were in Tampa in 2014 is cornerback Darrelle Revis. However, Verner's arrival means Revis is all but gone from Tampa Bay.
The Buccaneers are expected to cut Revis by 4 p.m. on Wednesday.
As for Verner, he'll be headed to Tampa Bay coming off of a Pro Bowl season in 2013. The 25-year-old led the Titans with five interceptions last season and was fifth on the team in tackles. The Buccaneers were a surprise entry in the Verner sweepstakes. Verner had said on Monday that Denver and New England were 'definite possibilities.'
Verner was the No. 1 ranked cornerback in CBSSports.com's 2014 free agent rankings.