Sensabaugh joined the Cowboys out of Jacksonville in 2009 on a one-year deal worth $1.75 million. In 2010, he signed a second-round tender offer for $1.82 million, and this year signed another one-year deal for $2.5 million after the lockout.
Rob Phillips from dallascowboys.com reports that the Cowboys are expected to sign Sensabaugh to a long term extension, but that terms have not been disclosed yet.
Clarence Hill of the Forth Worth Star-Telegram reports that the deal is for five years, is worth $22.5 million and is expected to be finalized today.
The 28-year old safety was originally a fifth round draft pick for the Jaguars, where he played from 2005-2008 before joining the Cowboys. In his almost three years with the Cowboys, Sensabaugh has notched 190 tackles, eight interceptions and two forced fumbles, both this year. He is the second leading tackler after Sean Lee in 2011 with 63 stops.
For what it's worth, ProFootballFocus grade him as the tenth best safety in the league so far this year, a position he also held at the end of the 2010 season.