Mayfield is entering the final year of the three-year, $100 million contract he signed in 2024. Despite that, both sides have continued discussions on a lucrative extension that could land somewhere in the $45-$50 million-per-year range. Some projections have estimated a three-year pact worth roughly $155 million.
Since arriving in Tampa Bay, Mayfield has revived his career while helping keep the Buccaneers among the NFC’s contenders. He threw for 4,500 yards and 40-plus touchdowns during the 2024 campaign, earning Pro Bowl consideration while leading Tampa Bay back to the postseason. His aggressive downfield mentality and command of the offenses have made him a fan favorite and respected locker room leader.
While no official agreement has been announced, all signs point toward Tampa Bay wanting Mayfield secured as its long-term answer at quarterback. Buccaneers ownership and front office leadership have praised his production, toughness, and leadership since arriving in Tampa Bay.