(OXNARD, Calif.) -- Tyron Smith is staying in Dallas for the long-haul.
The Cowboys signed the Pro Bowl offensive tackle to an eight-year contract extension through 2023; a deal that could be worth as much as $110 million.
Smith, 23, will receive $40 million guaranteed, as well as a $10 million signing bonus, according to ESPN. He had two years remaining on his previous contract after the Cowboys picked up the fifth-year option of his rookie deal in the spring.
"We talk about building a program and building a football team and he was the first player that we took three years ago in that draft," coach Jason Garrett said. "He's just been everything we've wanted to build this program and this team around."
Smith was drafted by the Cowboys with the 9th overall pick in 2011. Arizona Cardinals cornerback Patrick Peterson, drafted 5th overall that same year, signed a five-year, $70 million extension on Tuesday.
Copyright 2014 ABC News Radio