Commanders wide receiver Terry McLaurin is ending his “hold-in” after agreeing to a three-year contract extension on Monday, a source familiar with the negotiations told The Washington Times.
The new deal will be worth up to $96 million, according to multiple reports.
The Pro Bowl receiver had skipped this offseason’s mandatory minicamp and training camp practices as he lobbied for a new deal. McLaurin was set to make approximately $25.5 million in the final year of his contract this season.
After enduring years of inconsistent quarterback play, McLaurin blossomed into a star last season, his first with quarterback Jayden Daniels and coach Dan Quinn.
He led the Commanders with 82 catches, 1,096 receiving yards and 13 touchdowns last year.
Contract negotiations stalled this summer, though, as McLaurin sought a top-tier deal. Analysts around the league expressed concerns about his age; the Ohio State product turns 30 next month.
“When you’ve proven who you are, you want that to be honored, you want that to be respected, you want that to be valued,” the two-time Pro Bowler said in July. “My value is so much more than a dollar amount … but I’d be remiss to not acknowledge that in our business, the dollar amount is attached to someone’s value.”
Earlier this month, McLaurin even requested a trade as negotiations failed to progress.
Despite missing Washington’s three preseason exhibitions, McLaurin is expected to suit up when the Commanders open the season against the New York Giants on Sept. 7.