Baker Mayfield contract extension shifts NFL quarterback salary market rankings

Baker Mayfield and the Tampa Bay Buccaneers agreed to a three-year, $165 million contract extension on September 8, 2026. The deal carries an average annual value of $55 million, placing Mayfield among the highest-paid quarterbacks in the NFL. This adjustment shifts the league's salary, moving Baltimore Ravens quarterback Lamar Jackson to 11th and Philadelphia Eagles quarterback Jalen Hurts to 12th in average annual salary. Both Jackson and Hurts previously held top market positions after signing their respective multi-year extensions in 2023. While these existing contracts remain in effect, the new baseline established by Mayfield's deal provides a fresh benchmark for future negotiations. Organizations may revisit these quarterback agreements as the market for elite passers continues to climb.

• 10:12 PMYahoo Sports — How Baker Mayfield's $165M contract extension impacts Lamar Jackson
• 10:07 PMYahoo Sports — How Baker Mayfield's $165M contract extension impacts Jalen Hurts