Netflix’s docuseries “Receiver” provides a wealth of information about the elite wide receivers in the NFL, with Justin Jefferson standing out as the highest-paid among them. The series reveals the staggering earnings of the Minnesota Vikings star, highlighting how his exceptional talent has secured him a financial status beyond his peers. While all featured NFL superstars in “Receiver” earn substantial salaries, Jefferson’s contract sets a new benchmark that could potentially reshape the league’s financial landscape.
The wide receiver position is critical in the NFL, and teams are keen to retain a superstar like Jefferson if they are fortunate enough to have one. “Receiver” delves into the journey of NFL wideouts, illustrating how the top players secure lucrative contracts from their teams. Understanding NFL contracts can be complex, requiring time to grasp their structure fully.
Justin Jefferson’s Record-Breaking NFL Contract Explained
Jefferson was drafted by the Minnesota Vikings in the first round of the 2020 NFL draft, being selected 22nd overall. The 2023 season marked the end of his rookie contract, which is typically less lucrative than a veteran player’s contract. In June 2024, the Vikings extended Jefferson’s contract by four years, potentially worth $140 million, with $110 million guaranteed and the remaining $30 million tied to player incentives.
This new deal secures Jefferson’s position with the Vikings through the 2028 NFL season. His average yearly salary now stands at $35 million, and he received a significant signing bonus of $89 million. While it’s technically possible for Jefferson to be traded before the contract ends, the acquiring team would need to accommodate his substantial contract, making such a move less likely.
How Justin Jefferson’s Contract Compares To Other NFL Players
Jefferson’s contract makes him the highest-paid wide receiver in NFL history. However, as of the 2024 season, a few other receivers have contracts approaching his. For instance, AJ Brown of the Philadelphia Eagles is earning $32 million for the year, and Jaylen Waddle of the Miami Dolphins is set to make $28.3 million. Notably, Jefferson is the highest-paid NFL player who isn’t a quarterback, a position typically associated with the most lucrative contracts. His immense value to the Vikings has led to unprecedented measures to retain him. Even prolific pass-catchers like Kansas City Chiefs tight end Travis Kelce earn significantly less than Jefferson. “Receiver” effectively contextualizes the magnitude of Jefferson’s contract within the NFL landscape.
