Nick Mangold's bank account just got a little larger.

The Pro Bowl Center put his John Hancock on his new contract just after 3 p.m., signing his name of the dotted line of a seven-year, $55 million deal with a reported $22.5 million in guarantees. He's now the highest paid center in the NFL.

"Fantastic," Mangold said. "I could not be more excited to have that done, to be here for as long as I can imagine. It kind of came out of the blue when things started. And now that it’s done, I’m very excited."

Topping the five-year, $37.5 million deal that Rams center Jason Brown signed last year wasn't a big deal to Mangold.

"No, not particularly," he said. "It wasn’t a sticking point and I’m very fortunate that the Jets decided to go that route. I’m very appreciative and excited to have that. I’m sure some young gun will come along next year and blow me out of the water anyway. And that’s A-OK in my book."

Mangold, who was set to earn $3.3 million in the final year of his rookie deal, had come to grips with the idea of playing out this season first before the Jets addressed his contractual status.

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But owner Woody Johnson and GM Mike Tannenbaum approached Mangold about two weeks ago, sitting him down to tell them just how much they wanted to ink him to a new pact.

"I had resigned myself to the fact that It wasn’t getting done coming into camp," Mangold said. "And now that it is done, I haven’t really wrapped my head around it yet. But I’m very excited that it is."

Mangold was actually held out of the team portions of today's practice, raising a few flags among some. But it was all precautionary, and an idea conjured up by the head coach himself.

"I didn't want him to get hurt," Rex Ryan said. "I didn't want him to step in a hole when he's getting ready to sign."

Mangold said: "As close as it was, I’d shoot myself if something happened. I’ve never gone through it before. I’ve never gone through a situation before of having a contract right there ready to be signed. I didn’t really know and kind of wanted to play it safe as best I could. I still got good work in on individual and kind of skipped out on the team stuff."

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Something else he'll skip out on: reaching out to Darrelle Revis.

Even with his deal completed, Mangold isn't ready to dial up one of the other members of the "Core Four" and speak with the Pro Bowl cornerback about his situation, a holdout that's now hit 24 days.

"I haven’t talked to him in a while," Mangold said. "It’s not my place to talk to him or to give him advice or anything like that. He’s making decisions for himself. And as a player, you respect what he has to do, what he thinks is best. It’s not my place to comment on anything he's got going on or to get involved."