The Carolina Panthers and wide receiver Jalen Coker have agreed to terms on a three-year contract extension worth $35 million, according to his agent Matt Glose. The deal includes performance-based incentives that could increase the total value of the contract to $41 million, per Ian Rapoport of NFL Network.
The extension comes at a strategic time for both the player and the franchise. Coker was previously scheduled to become an exclusive rights free agent (ERFA) this offseason and a restricted free agent (RFA) next year. By finalizing this agreement now, the Panthers secure a key offensive contributor through his prime years, while Coker is set to reach unrestricted free agency again at the age of 27.
This move highlights the Panthers' commitment to maintaining continuity within their receiving corps. Coker has developed into a reliable target, and the structure of the deal provides the team with long-term stability while rewarding the wideout for his production on the field.
This is a developing story. Check back for updates.
Sources & Original Reporting