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What Might Justin Jefferson’s Next Contract Look Like? Former Vikings GM Predicts Massive $172 Million Extension

The Minnesota Vikings can rest a little easier now that standout wide receiver Justin Jefferson has signed a contract extension. But the topic of extending his contract looms huge, and former Vikings general manager Jeff Diamond says a deal might be in the works before free agency begins on March 13.

Diamond, in a post for 33rd Team on January 24, forecasted a $172.5 million extension over five more years, from 2025 to 2029. However, the negotiations could hover around the $175 million threshold, with agents aiming for a $35 million annual average in fresh money before settling on $34.5 million each year.

The predicted contract might include a sizable $50 million signing bonus and a substantial $125 million guarantee. Diamond believes Jefferson wants to be the “highest-paid non-quarterback” in the NFL, topping Aaron Donald’s average annual salary and Nick Bosa’s guaranteed money.

If this prediction comes true, Jefferson will not only surpass Tyreek Hill as the highest-paid wideout in NFL history in terms

Jefferson, 24, has an amazing record, hitting over 1,000 yards for the fourth consecutive season, despite missing seven games due to a hamstring ailment, among other difficulties. The frosting on the cake for a contract extension? It could save the Vikings around $10 million on their cap in 2024.

With the Vikings having just under $30 million in salary space, according to Spotrac, and a roster to form, guaranteeing Jefferson’s future appears to be more than a want, but a requirement for the franchise.