What could Justin Jefferson’s next contract look like? The former Vikings GM predicts a massive $172 million extension…
Star wide receiver Justin Jefferson’s imminent contract extension with the Minnesota Vikings is on the horizon, offering relief to the team as they navigate the intricacies of the salary cap. Former Vikings general manager Jeff Diamond anticipates negotiations to conclude with a substantial deal before the onset of free agency on March 13.
WOW: Former #Vikings GM Jeff Diamond predicts Justin Jefferson's extension to be 5 years $172.5M, $50M signing bonus and $125M guaranteed 🤯🤯 pic.twitter.com/A80UKBsg1r
— MLFootball (@_MLFootball) January 26, 2024
Diamond’s projections suggest an extension in the ballpark of $172.5 million over five years, spanning from 2025 to 2029. The negotiation might hover around the $175 million mark, with agents aiming for a $35 million annual average in new money, ultimately settling at $34.5 million per year.
The anticipated contract could feature a significant $50 million signing bonus and a robust $125 million guarantee. Diamond envisions Jefferson securing the title of “highest-paid non-quarterback” in the NFL, surpassing Aaron Donald in average annual salary and Nick Bosa in guaranteed money.
Justin Jefferson vs the Detroit Lions (2 games)
18 Catches
333 Yards
2 Touchdowns
Both Knees still intact ✅✅✅ https://t.co/OGCeYNeK4p pic.twitter.com/UnllJ3EMYC— DripMasterFlex 🕷️ (@DripMasterFlex1) January 25, 2024
Should this forecast materialize, Jefferson would not only surpass Tyreek Hill as the highest-paid wide receiver in NFL history in terms of annual value but also outdo Davante Adams in total value. At 24, Jefferson boasts an impressive track record, surpassing 1,000 yards for the fourth consecutive season despite setbacks, including a seven-game stint on the sidelines due to a hamstring injury.
The potential extension could also alleviate the Vikings’ cap burden in 2024 by approximately $10 million, a significant factor considering their current cap space of just under $30 million and the need to shape a competitive roster. As Jefferson’s contract extension unfolds, it appears to be not only a desire for the franchise but a crucial necessity.
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