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Justin Jefferson Signs Record $140M Deal with $110M Guaranteed, Becomes Highest-Paid WR

Jun 3, 2024, 04:02 PM

The NFL's wide receiver market has seen a significant shift with Justin Jefferson signing a record-breaking four-year, $140 million contract extension with the Minnesota Vikings. This deal includes $110 million in guarantees and makes Jefferson the highest-paid non-quarterback in NFL history, averaging $35 million per year. Jefferson's contract surpasses previous top deals and sets a new benchmark for wide receivers. This development is expected to impact ongoing contract negotiations for other top receivers, including CeeDee Lamb of the Dallas Cowboys, who is currently holding out from mandatory minicamp. Lamb, who is currently earning significantly less, is anticipated to seek a comparable deal, with discussions expected to accelerate following Jefferson's extension. Micah Parsons has publicly stated that Lamb deserves to be the highest-paid WR, suggesting a figure of $36 million per year. Other receivers like Ja'Marr Chase and Tee Higgins are also likely to be influenced by this new market standard. Jefferson's performance, including 5,899 receiving yards in his first four seasons, has solidified his status as one of the league's elite players, further justifying his historic contract.