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Jaxon Smith-Njigba: Jaxon Smith-Njigba has agreed to a new four-year contract extension with the Seattle Seahawks worth $168.6 million, according to ESPN sources.
The agreement makes Smith-Njigba the highest-paid wide receiver in NFL history. The contract carries an average annual value of $42.15 million.
It also includes more than $120 million in guaranteed money. Both figures set new league records for a wide receiver.
The deal secures Smith-Njigba’s long-term future in Seattle after his award-winning season.
The reigning NFL Offensive Player of the Year has emerged as one of the league’s top offensive playmakers.
Seattle’s latest move confirms the organization’s commitment to keeping its star receiver at the center of the team’s offense for years to come.
Jaxon Smith-Njigba will remain with the Seattle Seahawks through the 2031 season under the terms of his new contract agreement.
The Seahawks had already picked up Smith-Njigba’s fifth-year option for the 2027 season.
That option is worth about $23.9 million. The move helped secure the team’s long-term plans before the extension was finalized.
Smith-Njigba’s new deal represents another major increase in the wide receiver market across the NFL.
The rising value of elite receivers is expected to affect upcoming contract negotiations around the league.
The Los Angeles Rams are one team that could be impacted by the changing market.
The Rams may look to negotiate an extension with wide receiver Puka Nacua during the offseason.
Nacua is currently scheduled to enter the final year of his contract in 2026.
The growing market for wide receivers continues to reshape team salary strategies and contract structures across the NFL.
Jaxon Smith-Njigba has moved to the top of the NFL’s wide receiver salary rankings after signing his new contract extension, surpassing the previous benchmark set by Ja'Marr Chase of the Cincinnati Bengals.
Chase’s contract carried an average annual value of $40.25 million, which had been the highest for a wide receiver before Smith-Njigba’s new deal was completed.
The latest agreement reflects the continued rise in market value for elite pass catchers across the league.
Other wide receivers are also among the highest-paid players at the position. Justin Jefferson earns about $35 million per year under his current contract.
CeeDee Lamb is close behind with an average annual salary of roughly $34 million. DK Metcalf earns around $33 million per season.
Garrett Wilson is also among the league’s top earners at approximately $32.5 million per year.
The new salary structure highlights how rapidly the wide receiver market has grown, with teams increasingly willing to invest heavily in top offensive talent.
The Seattle Seahawks are continuing their effort to lock in key young players after finalizing a contract extension with wide receiver Jaxon Smith-Njigba.
Smith-Njigba, who was selected in the first round of the 2023 NFL Draft, is viewed as a central part of Seattle’s long-term plans. The team has already taken similar steps with other recent first-round draft picks.
Seattle previously signed left tackle Charles Cross, a 2022 first-round selection, to a contract extension. The move helped secure one of the team’s key offensive line players for the future.
Another member of the 2023 draft class could soon receive a new deal. Cornerback Devon Witherspoon is also eligible for a contract extension.
These roster decisions show Seattle’s focus on building stability by retaining its top young talent and maintaining a strong core for the coming seasons.
Jaxon Smith-Njigba put together the most productive season of his career in 2025, earning first-team All-Pro recognition after posting standout offensive numbers.
The 24-year-old receiver finished the regular season with 119 catches.
He totaled 1,793 receiving yards. He also recorded 10 touchdown receptions. Each of those figures represented new career highs.
Smith-Njigba also contributed during the postseason. He played in three playoff games.
During that stretch, he made 17 receptions for 199 yards. He also scored two touchdowns in the playoffs.
The strong regular season and playoff performances further established Smith-Njigba as one of the league’s top wide receivers and a central figure in Seattle’s offense.
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