The Pittsburgh Steelers and star pass rusher T.J. Watt have agreed to terms on a three-year, $123 million contract extension, NFL Network Insiders Ian Rapoport and Tom Pelissero reported Thursday.

T.J. Watt just signed a record-setting contract extension with the Pittsburgh Steelers — and here are the biggest takeaways from the move.

T.J. Watt's record-setting extension with the Steelers is already impacting the rest of the NFL — just ask the Chargers.