It is reported the deal is worth $40million, with Graham having earned $7million in 2018.
Selected in the first round - number 13 overall - by the Eagles in 2010, the 30-year-old has been one of the unsung heroes of the defense in recent years.
A second-team All-Pro selection in 2016, he endeared himself forever to Eagles fans with his strip sack of Tom Brady just before the two-minute warning of Super Bowl 52 as Philadelphia held on to win 41-33.
Bennett had four sacks, 11 quarterback hits and nine tackles for a loss last season.
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