Current:Home > FinanceRekubit-Justin Jefferson, Vikings strike historic four-year, $140 million contract extension -FinTechWorld
Rekubit-Justin Jefferson, Vikings strike historic four-year, $140 million contract extension
NovaQuant Quantitative Think Tank Center View
Date:2025-04-11 08:03:15
The RekubitMinnesota Vikings and Justin Jefferson agreed to a contract extension Monday that makes him the highest-paid wide receiver and non-quarterback in NFL history.
According to ESPN, which first reported the deal, the contract is for four years and $140 million with $110 million guaranteed. Jefferson will also receive a signing bonus of $88.743 million, the highest for a non-quarterback in league history.
Since the Vikings selected Jefferson with the 22nd overall pick in the 2020 draft, the former LSU Tiger has distinguished himself as one of the NFL's best receivers. He finished second in 2020 Offensive Rookie of the Year voting following a 1,400-yard inaugural campaign. The following season, Jefferson snagged 10 touchdowns and caught 108 passes on his way to a 1,616-yard season.
Jefferson, 24, solidified his status in 2022 by leading the league with 1,809 receiving yards and 128 catches. He averaged 106.1 receiving yards per game and was voted the Offensive Player of the Year in addition to being a first-team All-Pro. He has 30 career touchdowns and been to three Pro Bowls.
“The time has finally come, the deal I’ve been waiting for since I was a little kid,” Jefferson said in a video message he posted on social media.
NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.
The extension kicks in after the 2024 season. Jefferson will play this season on the fifth-year option of his rookie deal.
The Louisiana native mentioned not being a highly touted recruit –he had a three-star ranking – or the first wideout in his class to be drafted as motivating factors that led to his payday.
“This whole journey hasn’t been easy,” he said.
Jefferson also thanked his parents, his brothers, Vikings fans, Minnesota head coach Kevin O'Connell and general manager Kwesi Adofo-Mensah.
“I’ve always dreamt of this moment,” Jefferson said.
Jefferson missed seven games last year with a hamstring strain, but he eclipsed the 1,000-yard mark nonetheless.
“Over the first four seasons of his career, Justin entrenched himself as the best wide receiver and one of the most electric players in the NFL," Vikings owners Mark and Zygi Wolf said in a statement. "He is a special talent, a committed teammate and an excellent representative of the Vikings. Justin has earned this contract, and we are thrilled he will remain a Minnesota Viking for a very long time.”
The Vikings are entering a new era at quarterback after Jefferson was on the other end of Kirk Cousins spirals for the first part of his career. Cousins left for the Atlanta Falcons in free agency, and Minnesota drafted J.J. McCarthy with the 10th overall pick in the draft.
NFL's highest-paid wide receivers
All figures are from overthecap.com and based on average contract value.
1. Justin Jefferson, Minnesota Vikings: $35 million (four years, $140 million)
2. A.J. Brown, Philadelphia Eagles: $32 million (three years, $96 million)
3. Amon-Ra St. Brown, Detroit Lions: $30.002 million (four years, $120.01 million)
4. Tyreek Hill, Miami Dolphins: $30 million (four years, $120 million)
5. Jaylen Waddle, Miami Dolphins: $28.25 million (three years, $84.75 million)
6. Davante Adams, Las Vegas Raiders: $28 million (five years, $140 million)
7. Cooper Kupp, Los Angeles Rams: $26.7 million (three years, $80.1 million)
8. DeVonta Smith, Philadelphia Eagles: $25 million (three years, $75 million)
9. Nico Collins, Houston Texans: $24.25 million (three years, $72.75 million)
10. DK Metcalf, Seattle Seahawks: $24 million (three years, $72 million)
veryGood! (78)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Here Are The Biggest Changes The Summer I Turned Pretty Season 2 Made From the Books
- A ‘Rights of Nature’ Fact-Finding Panel to Investigate Mexico’s Tren Maya Railroad for Possible Environmental Violations
- Chipotle testing a robot, dubbed Autocado, that makes guacamole
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Vanderpump Rules' Ariana Madix and Tom Sandoval Spotted Filming Season 11 Together After Scandal
- Twice as Much Land in Developing Nations Will be Swamped by Rising Seas than Previously Projected, New Research Shows
- EPA Officials Visit Texas’ Barnett Shale, Ground Zero of the Fracking Boom
- Meta donates $1 million to Trump’s inauguration fund
- Keep Your Car Clean and Organized With These 15 Prime Day 2023 Deals
Ranking
- Sam Taylor
- Patrick and Brittany Mahomes Are a Winning Team on ESPYS 2023 Red Carpet
- Scientists Report a Dramatic Drop in the Extent of Antarctic Sea Ice
- After Cutting Off Water to a Neighboring Community, Scottsdale Proposes a Solution
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- EPA Officials Visit Texas’ Barnett Shale, Ground Zero of the Fracking Boom
- A Long-Sought Loss and Damage Deal Was Finalized at COP27. Now, the Hard Work Begins
- Pittsburgh Selects Sustainable Startups Among a New Crop of Innovative Businesses
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Prince William and Kate Middleton's 3 Kids Steal the Show During Surprise Visit to Air Show
Musk reveals Twitter ad revenue is down 50% as social media competition mounts
Maryland Embraces Gradual Transition to Zero-Emissions Trucks and Buses
Woman dies after Singapore family of 3 gets into accident in Taiwan
Jamie Foxx addresses hospitalization for the first time: I went to hell and back
Western Firms Certified as Socially Responsible Trade in Myanmar Teak Linked to the Military Regime
Illinois Launches Long-Awaited Job-Training Programs in the Clean Energy and Construction Sectors
Tags
Like
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- German Leaders Promise That New Liquefied Gas Terminals Have a Green Future, but Clean Energy Experts Are Skeptical
- Amid Glimmers of Bipartisan Interest, Advocates Press Congress to Add Nuclear Power to the Climate Equation