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Baker Mayfield gets $165 million extension, becomes tied for NFL’s 3rd highest paid quarterback

Baker Mayfield

Senior quarterback Baker Mayfield celebrates after winning the Big 12 Championship game Dec. 2.

 Caitlyn Epes/The Daily

After a long series of back-and-forth negotiations, former OU Heisman-winning quarterback Baker Mayfield received a three-year, $165 million contract extension with the Tampa Bay Buccaneers.

NFL insider Adam Schefter broke the news Tuesday afternoon, just five days before the Buccaneers’ season opener against Cincinnati.

Tampa Bay and Mayfield hit a standstill toward the end of July, when the Buccaneers extended multiple contract offers in the $40 million range. Mayfield declined, believing he was deserving of more than $50 million per year.

Mayfield had a career revival after landing in Tampa Bay, accumulating 4,500 passing yards and 41 touchdowns in 2024. Mayfield followed his breakout season in Tampa with a hot start in 2025, throwing for 1,539 yards in the team’s first six games.

The 2026 season concluded without a playoff berth due to a multitude of offensive injuries, but Mayfield’s play was good enough to tie him for the third highest-paid player at his position, averaging $55 million per year.

This article was edited by Charlie DiVincenzo.

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