Adam Schefter reports on Rashid Shaheed signing a three-year, $51 million deal to remain in Seattle. (0:36)
Jaxon Smith-Njigba, the reigning NFL Offensive Player of the Year, has reached agreement with the Seattle Seahawks on a four-year, $168.6 million contract extension that makes him the highest-paid wide receiver in NFL history, sources told ESPN.
The deal averages $42.15 million per year and includes over $120 million guaranteed, both setting records for any wide receiver. With this new agreement, Smith-Njigba is contractually tied to Seattle through the 2031 season.
The Seahawks already exercised Smith-Njigba's fifth-year option for 2027 -- worth approximately $23.9 million -- last week, and now have the two-time Pro Bowler under contract for the next six seasons.
Smith-Njigba's deal with the Seahawks is the latest jump in the wide receiver market -- one that will impact the division rival Los Angeles Rams, who could be working on a Puka Nacua extension this offseason.
Nacua is entering the final year of his deal in 2026 and now has a new bar to clear.
Smith Njigba's salary eclipses the previous high for a wide receiver -- Ja'Marr Chase, whose deal with the Cincinnati Bengals has an average annual value of $40.25 million. Smith-Njigba's average annual value also easily surpasses the next receivers after Chase: Justin Jefferson ($35 million), CeeDee Lamb ($34 million), DK Metcalf ($33 million) and Garrett Wilson ($32.5 million).
The defending Super Bowl champion Seahawks previously extended star left tackle Charles Cross, their first-round draft selection in 2022, to a four-year, $104.4 million deal deal in January -- and now have done the same with Smith-Njigba, their 2023 first-round pick.
Seattle also still has its other 2023 first-round pick, star cornerback Devon Witherspoon who is eligible for an extension.
Smith-Njigba, 24, set career highs in receptions (119), receiving yards (1,793) and touchdown receptions (10) en route to being named a first-team All-Pro in 2025. In the postseason, he had 17 catches for 199 yards and two touchdowns in three games.