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Details of Buccaneers QB’s latest deal
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Details of Buccaneers QB’s latest deal

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In Week 5 of the 2024 NFL season, NFC South foes Tampa Bay Buccaneers and Atlanta Falcons face off on “Thursday Night Football.” Tampa Bay (3-1) is coming off its best offensive performance of the year so far in a 33-16 win over Philadelphia. Atlanta (2-2) pulled off a last-minute 26-24 victory over New Orleans in Week 4, keeping the Buccaneers’ lead within one game.

Tampa Bay recorded a season-high 334 passing yards against Philadelphia. Through Week 4, Buccaneers quarterback Baker Mayfield is completing a career-high 70.5% of his passes. He is sixth in the NFL in passing yards (984) and second in touchdown passes (eight).

NFL POWER RANKINGS: Will the surging Baltimore Ravens make it all the way to No. 1?

NFL WEEK 4 OVERREACTIONS: Rashee Rice’s injury ends Chiefs three-peat hopes?

Here’s what you need to know about his contract.

Baker Mayfield Contract Details

Mayfield signed an extension with the Buccaneers this offseason to remain with Tampa Bay through the 2026 season.

  • Term: 3 years
  • Total value: $100 million
  • Average annual value (AAV): $33.33 million
  • Guaranteed money: $50 million

Mayfield’s cap hit per season varies by contract. For 2024, Mayfield’s cap hit is $6.9 million. That escalates to $35.77 million in 2025 and $45.77 million in 2026. There are two empty years at the end of the contract for 2027 and 2028.

Who is the highest paid NFL player?

Dallas Cowboys quarterback Dak Prescott is the highest-paid player in the NFL following his new deal ahead of the 2024 NFL season, according to AAV. He became the first player to reach $60 million in NFL history by AAV.

Prescott also set the record for guaranteed money at $231 million, breaking Deshaun Watson’s previous record. Patrick Mahomes still holds the record for total value with his 10-year, $450 million deal he signed in 2020.

HIGHEST PAID QUARTERBACKS: Where is Baker Mayfield located?

Complete list of highest paid NFL players

Across all metrics, the top 10 highest paid players in the NFL are all quarterbacks. Here’s what the breakdown looks like by AAV, guarantees and total contract value this season.

AAV

  • Dak Prescott, Cowboys: $60 million
  • Joe Burrow, Bengals: $55 million
  • Trevor Lawrence, Jaguars: $55 million
  • Jordan Love, Packers: $55 million
  • Tua Tagovailoa, Dolphins: $53.1 million
  • Jared Goff, Lions: $53 million
  • Justin Herbert, Chargers: $52.5 million
  • Lamar Jackson, Ravens: $52 million
  • Jalen hurts, Eagles: $51 million
  • Kyler Murray, Cardinals: $46.1 million

Guaranteed money

  • Dak Prescott, Cowboys: $231 million
  • Deshaun Watson, Browns: $230 million
  • Joe Burrow, Bengals: $219.01 million
  • Justin Herbert, Chargers: $218.74 million
  • Trevor Lawrence, Jaguars: $200 million
  • Lamar Jackson, Ravens: $185 million
  • Jalen hurts, Eagles: $179.4 million
  • Jared Goff: $170.61 million
  • Tua Tagovailoa: $167.17 million
  • Jordan Love: $160.3 million

Total contract value

  • Patrick Mahomes, Chiefs: $450 million
  • Joe Burrow, Bengals: $275 million
  • Trevor Lawrence, Jaguars: $275 million
  • Justin Herbert, Chargers: $262.5 million
  • Lamar Jackson, Ravens: $260 million
  • Josh Allen, Bills: $258.04 million
  • Jalen hurts, Eagles: $255 million
  • Dak Prescott, Cowboys: $240 million
  • Kyler Murray, Cardinals: $230.5 million
  • Deshaun Watson, Browns: $230 million

Minnesota Vikings wide receiver Justin Jefferson is the highest-paid non-quarterback at $35 million per year, according to AAV, and San Francisco 49ers defensive end Nick Bosa is the highest-paid non-quarterback by total value at $170 million.

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