The wide receiver contract market has been booming this offseason and there have been several players at the position who have received lucrative contracts and there are more to come.
An interesting aspect of these extensions are that teams are committing big dollars to multiple receivers as was the case this week than the Miami Dolphins gave a huge deal to Jaylen Waddle.
There are now five teams that playing two receivers, at least, $20 million this season.
There are five NFL teams that are paying two WRs at least $20M per season:
— Ari Meirov (@MySportsUpdate) May 30, 2024
- #Dolphins: Tyreek Hill & Jaylen Waddle
- #Eagles: A.J. Brown & DeVonta Smith
- #Texans: Stefon Diggs & Nico Collins
- #Bears: DJ Moore & Keenan Allen
- #Bucs: Mike Evans & Chris Godwin https://t.co/mmslwxPnsH
The Las Vegas Raiders have a fairly highly-paid pair of receivers in Davante Adams and Jakobi Meyers.
After trading for Adams in 2022, the Raiders made him at the top of receiver pay chain with a five-year, $140 million deal with an average of $28 million a year.
In 2023, the Raiders paired Meyers with Adams as they gave him a free-agency deal of three years for $33 million.
So, Adams and Meyers aren’t at the top of the receiver pay scale, but the Raiders are committing the sixth most to their wide receiver room this season.
The two combined for 174 receptions, 1,951 yards and 16 touchdowns in 2023. So, this tandem is a highly-productive pair and now, after the extension frenzy at the position, a reasonably-priced pair as well.
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