Tampa Bay Buccaneers, Jason Licht
Tampa Bay Buccaneers: Make Massive $165 Million Commitment on Tuesday 1
Throughout the offseason, Tampa Bay Buccaneers quarterback Baker Mayfield expressed his desire for a contract extension. Mayfield reportedly rejected a two-year, $100 million+ offer because of the contract length and guaranteed money. After setting a deadline of the start of training camp, the two-time Pro Bowler broke off talks, planning to play out the final year of his deal.
However, things took an interesting turn on Tuesday.
The Tampa Bay Buccaneers made a massive $165 million commitment on Tuesday
Tampa Bay Buccaneers, Baker Mayfield, NFLTampa Bay Buccaneers, Baker Mayfield, NFL
Jan 3, 2026; Tampa, Florida, USA; Tampa Bay Buccaneers quarterback Baker Mayfield (6) throws a pass against the Carolina Panthers in the first half at Raymond James Stadium. Mandatory Credit: Nathan Ray Seebeck-Imagn Images
According to Adam Schefter, the Buccaneers have signed Baker Mayfield to a three-year, $165 million contract extension ($55 million annually), though the guaranteed money and signing bonus remain undisclosed. As Schefter noted, talks recently resumed, with an agreement reached before Week 1. Mayfield is now under contract through 2029 and is the NFL’s third-highest-paid quarterback.
Compensation update: it’s a three-year, $165 million extension. https://t.co/1L97osLkYL
— Adam Schefter (@AdamSchefter) September 8, 2026
There are five other quarterbacks making $55 million annually: Josh Allen, Trevor Lawrence, Joe Burrow, Jordan Love, and Matthew Stafford. Allen’s contract is six years (runs through 2030), while Lawrence (runs through 2030) and Burrow are five (runs through 2029), Love is four (runs through 2028), and Stafford is one (runs through 2027).
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Oct 20, 2025; Detroit, Michigan, USA; The Tampa Bay Buccaneers helmet sits on an equipment locker before the game at Ford Field. Mandatory Credit: David Reginek-Imagn ImagesOct 20, 2025; Detroit, Michigan, USA; The Tampa Bay Buccaneers helmet sits on an equipment locker before the game at Ford Field. Mandatory Credit: David Reginek-Imagn Images
Oct 20, 2025; Detroit, Michigan, USA; The Tampa Bay Buccaneers helmet sits on an equipment locker before the game at Ford Field. Mandatory Credit: David Reginek-Imagn Images