The Seattle Seahawks and star wide receiver Jaxon Smith-Njigba have reached an agreement on a massive four-year, $168.6 million contract extension, according to Adam Schefter of ESPN. The deal officially makes the former Offensive Player of the Year the highest-paid wide receiver in NFL history.
The extension averages $42.15 million per year, surpassing all previous market-setting contracts at the position. Smith-Njigba, a Super Bowl champion, was a high priority for the Seahawks front office as they looked to secure their offensive core for the long term.
The agreement ensures that Smith-Njigba remains the focal point of the Seattle passing attack through the prime of his career. By resetting the wide receiver market with this $168.6 million total, the deal reflects the rising salary cap and the premium placed on elite playmakers. Further details regarding the guaranteed money and specific structure of the contract are expected to be released once the signing is finalized.
This is a developing story. Check back for updates.
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