Excitement surged among Tampa Bay Buccaneers fans as star quarterback Baker Mayfield sealed a monumental deal, agreeing to a three-year contract worth a staggering $100 million with the team. Amidst fervent negotiations, ESPN revealed the lucrative terms of the agreement, igniting anticipation for Mayfield’s pivotal role in the Buccaneers’ future endeavors.
Buccaneers closing in on 3-year deal with QB Baker Mayfield worth $100M with $50M guaranteed. (via @rapsheet) pic.twitter.com/WtPrOQgMAC
— NFL (@NFL) March 10, 2024
READ: Mayfield Leads Buccaneers’ Redemption Quest Against Hurts and Eagles in NFC Wild-Card Rematch
Reports from ESPN unveiled the details of the agreement, indicating that Mayfield’s contract would guarantee him a substantial sum of $50 million. The structured payment plan outlined by ESPN highlighted Mayfield’s earnings, with $30 million slated for 2024, followed by another $30 million (including a $20 million guarantee) in 2025, and a final sum of $40 million in 2026.
The Buccaneers locked in Baker Mayfield! The table breaks it down pic.twitter.com/DDGOKVd2Ns
— Good Morning Football (@gmfb) March 11, 2024
Sources privy to the negotiations revealed that the contract’s potential value could soar to $115 million, with an additional $5 million per year in incentives, further cementing Mayfield’s position as a vital asset to the Buccaneers’ roster.