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Tue, 22 May 2012 02:59 AM EDT

LeSean McCoy ran his way onto the short list of the best running backs in the NFL. He can now stamp his name among the highest paid. Basketball betting lines

McCoy and the Philadelphia Eagles agreed to a 5-year agreement extension that runs thru 2017.

The agreement is worth $45 million, including $20,765,000 assured, a league source said.

McCoy set franchise records in 2011 with 17 touchdowns rushing, and 20 total scores, while earning All-Pro and Pro Bowl honors. He also led the NFL with 102 1st downs and 48 runs of 10-plus yards, while finishing as the league’s 4th-leading rusher with 1,309 yards.

“I adore this team, and I’m kind of a hometown kid from Harrisburg which is like an hour and a half away,” McCoy related. “Nothing could be better than being here for the long term. Once you kind of realize the feeling of wanting to be here for the long term, we made contact with the team and it was a mutual feeling. So, it started from there.”

In 2010, McCoy ranked 4th in the NFL with 1,672 yards from scrimmage while leading all running backs with a career-high 78 catches.

Philadelphia had a displeasing 4-8 start last season, before rallying with 4 straight wins to finish the year. The Eagles did not make the playoffs.

McCoy was Philadelphia’s 2009 2nd-round draft pick out of Pittsburgh. He has played in 46 games, with 32 starts, and has registered 4,241 yards from scrimmage.

“He does it all, so this is not a one-dimensional RB,” Coach Andy Reid said. “This is a RB that cannot just carry the football for you but can catch the football as well as the wide receivers and he will be able to block and loves playing the game. That brings great energy to this football team.”

McCoy had 1 year left on his original 4-year rookie deal.

The Eagles believe they have the pieces in place to again become contenders in the NFC. McCoy does not turn 24 till July, giving the Eagles hope that they can get a full 5 years of use out of McCoy, even at a rugged position like running back.

“It’s exciting as we are attempting to build for the long term,” Eagles director Howie Roseman announced. “We’re attempting to bring a championship to the city of Philadelphia and we’re going to do whatever we are able to do that, but on the same token, we are going to try to keep building it and support some achievement. Keeping him here is a big piece of that.”

McCoy now has his name up there with Adrian Peterson, Chris Johnson, Steven Jackson and DeAngelo Williams as one of the highest-paid running backs. Minnesota’s Peterson agreed a $100 million, 7-year agreement before last season. Johnson agreed a $53.5 million deal extension worth $30 million guaranteed with Tennessee before last season.

“I’m just honored to be in the range financially with those guys,” McCoy announced.

McCoy ran for 2,731 yards in his 2 seasons, and posted 38 total touchdowns at Pitt.

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