What observers say
“Smith-Njigba sets the standard at the position,” an industry analyst remarked following the announcement of Jaxon Smith-Njigba’s historic contract extension with the Seattle Seahawks.
On March 23, 2026, Smith-Njigba signed a four-year contract extension worth $168.6 million, making him the highest-paid wide receiver in NFL history. The deal averages $42.15 million per year and includes over $120 million guaranteed, a significant leap from the previous record held by Ja’Marr Chase.
The Seahawks had previously exercised Smith-Njigba’s fifth-year option for 2027, valued at approximately $23.9 million. This move solidifies his position with the team through the 2031 season, a testament to his exceptional performance since being drafted 20th overall in the 2023 NFL Draft.
In 2025, Smith-Njigba set career highs with 119 receptions, 1,793 receiving yards, and 10 touchdown receptions, earning him the NFL Offensive Player of the Year award. His performance accounted for a staggering 44.1% of the Seahawks’ receiving yards and 30.6% of their total yardage during the regular season.
Smith-Njigba’s salary eclipses the previous high for a wide receiver, which was held by Cincinnati Bengals star Ja’Marr Chase at $40.25 million per year. This new contract not only reflects Smith-Njigba’s on-field contributions but also sets a new benchmark for future wide receiver contracts.
Despite missing most of his final college season at Ohio State due to a hamstring injury, Smith-Njigba has proven to be a durable asset in the NFL, having not missed a game in three seasons. His rookie season saw him finish with 628 receiving yards, a solid foundation for the explosive performance he delivered in 2025.
As the Seahawks look to build on their recent successes, Smith-Njigba’s contract extension signals their commitment to maintaining a competitive roster. The next expected development will be how this contract impacts the team’s salary cap and their ability to sign other key players moving forward.