Report: Terry McLaurin, Commanders Agree to 3-Year, $71M Contract Extension

The Washington Commanders and wide receiver Terry McLaurin have agreed to a three-year contract extension.

A $28 million signing bonus is the largest given to any wide receiver, and 76.4% of the new money is guaranteed, according to the contract. One of the top five highest-paid wide receivers will be made by the deal.

The 76th pick in the football draft was taken by Washington. He became the team's top wideout in his first year with 58 catches for 912 yards and 7 scores.

The former Ohio State player had 87 catches for 1,118 yards and four touchdown in 2020. He had a 77/1,053/6 stat line in the next year.

Washington has locked him up for a long time, even though he was entering the final year of his contract.

After speaking with Ben Standig of The Athletic in February, head coach Ron Rivera made it clear that he wanted to keep him around.

Rivera said that they have a lot of interest in making sure that the two guys are with the team.

According to Standig, other teams were interested in trading for McLaurin if extension talks broke down.

Teammates are looking at how the organization handles one of the faces of the franchise. "Other teams are keeping an eye on the situation."

According to the Washington Post, McLaurin sat out of the team's activities as contract talks continued.

The next day, Rivera spoke about it.

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Ron Rivera didn't want to get into specifics when asked about Terry McLaurin's contract situation. What he told reporters: "Just that we've had communication with him, are working with him. Just a matter of time."

The man is in Washington for a while. It's important to keep McLaurin in Washington for the sake of the quarterback who was traded from the Indianapolis Colts. As the team looks for its first playoff win in over a decade, having a top target can help.