Aww, Shoot: WR Terry McLaurin is Signing an Extension With the Commanders

Social Navigation

Aww, Shoot: WR Terry McLaurin is Signing an Extension With the Commanders

Chicago Bears

Because a bunch of receivers got market-changing money earlier in the offseason, we’ve seen a wave of deserving pass-catchers expressing their desire to join the club.

There have been trade requests and notable holdouts throughout the offseason. And one receiver, Washington’s Terry McLaurin, has turned his offseason leverage into a high-paying extension:

ESPN’s Adam Schefter reports McLaurin is getting a three-year extension from the Washington Commanders. McLaurin’s rookie deal was set to expire after this year, but his new one will come with an AAV of $23.6 million and projects to be worth up to $71 million. NFL Network insider Ian Rapoport tacks on some additional details of the contract, which includes lofty signing bonus ($28M), a sizable guarantee at signing ($34.6M), and plenty of total guarantees ($53.154M). This puts him in the upper echelon of receivers, while also getting him back into the market for another extension during his prime. It’s a win-win for both parties. Not to mention receivers who remain in search of their own new paper.

Unfortunately, this leaves the Bears as losers (in terms of seeing another 2023 free agent not even making it to the open market). Chicago’s football team has a need at the receiver position (even though Justin Fields is ready to ride with whatever he’s got) and projects to have nearly $100 million in cap space, which figures to come in handy when it comes time to lure some new talent. It’s just that McLaurin – with 1,000-yard Pro Bowl seasons in each of the last two years – won’t be available to target. Onward.

Author: Luis Medina

Luis Medina is a Writer at Bleacher Nation, and you can find him on Twitter at@lcm1986.