Justin Jefferson In Logger Heads With Vikings Over $30m Annual Pay And 5years Extension.
The Minnesota Vikings appear to have made an error in drawing out contract negotiations with wide receiver Justin Jefferson.
Minnesota could have offered Jefferson an extension one year ago, and the franchise could have put a deal together at any point since.
The Vikings and their All-Pro wideout may still to come to a multiyear agreement, but a contract that already had the potential to be the largest at the position in NFL history will now be even more expensive after the league announced a $30 million bump to the salary cap in 2024.
The one fundamental truth about giving one of your own great players the contract he deserves is that the price will always go up if you wait.
Always,” Mike Florio of Pro Football Talk wrote on Saturday, February 24. “As of Friday, with the salary cap shooting to $255.4 million per team, Jefferson’s price goes up even higher.”
There is no guarantee that Jefferson is going to reset the receiver market whenever he does re-up, either with Minnesota or somewhere else down the line, but the chances have always been good.
The Miami Dolphins paid Tyreek Hill a salary totaling $30 million annually on a four-year extension two years ago. That figure remains the highest annual average salary any wideout has ever received from an NFL team.
Davante Adams signed a five-year contract worth $140 million total ($28 million annually) with the Las Vegas Raiders the same offseason Hill got his big deal.
That remains the highest total figure attached to a contract for an NFL wide receiver, though the full amount is not guaranteed ($65.71 million).