How Might Justin Jefferson’s Future Contract Shape Up? Vikings GM Anticipates Substantial $172M Extension.
- However, the prospect of extending his contract is a significant consideration, and ex-Vikings general manager Jeff Diamond suggests that a deal may be in progress before the commencement of free agency on March 13.
In an article for 33rd Team on January 24, Diamond forecasted a potential contract extension in the range of $172.5 million covering five new years, spanning from 2025 to 2029. However, negotiations might hover around the $175 million mark, as agents seek a $35 million average annual value in new money, eventually settling at $34.5 million per year.
The anticipated agreement could include a substantial $50 million signing bonus and a robust $125 million guaranteed. Diamond suggests that Justin Jefferson is aiming to secure the title of the “highest-paid non-quarterback” in the NFL, surpassing Aaron Donald in terms of average annual salary and Nick Bosa in guaranteed money.
If this projection comes to fruition, Jefferson would not only surpass Tyreek Hill as the highest-paid wide receiver in NFL history in terms of annual value but would also exceed Davante Adams for the largest total value.
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
At the age of 24, Jefferson has an outstanding track record, achieving over 1,000 yards for the fourth consecutive season, despite a seven-game absence due to a hamstring injury and other challenges. A contract extension could serve as a significant benefit, potentially relieving the Vikings’ cap constraints by around $10 million in 2024.
Given the Vikings’ current cap space of just under $30 million, as reported by Spotrac, and the need to shape the roster, ensuring Jefferson’s continued presence appears not only a preference but a crucial necessity for the franchise.
