Breaking news: 28-years old key player to sign contract of $40 million annually, likely commanding at least $34-$36 million per season on a new deal

Quarterback Baker Mayfield capitalized on a one-season “prove-it” agreement with the Tampa Bay Buccaneers in 2023, garnering Pro Bowl recognition and solidifying his status as a premier player in NFL free agency. Now, it appears Mayfield is poised to exceed the terms of his previous contract.

In March 2023, Mayfield, after a subpar stint with the Carolina Panthers and Los Angeles Rams, entered his 27th year and inked a one-year deal with Tampa Bay, potentially worth $8.5 million. This made him among the least compensated starting quarterbacks in the league.

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Mayfield’s performance in 2023 showcased significant improvement, marked by career-high statistics: 4,044 passing yards, 7.1 yards per attempt, a 28-10 touchdown-interception ratio, a 64.3% completion rate, and a 94.6 QB rating. His standout season earned him his inaugural Pro Bowl nod and positioned him as a contender for NFL Comeback Player of the Year. The Buccaneers are eager to retain him, recognizing him as a long-term starter and a pivotal presence in the team’s dynamics. Nevertheless, re-signing him might present challenges.

Buccaneers News: Keeping Baker Mayfield in Tampa Is an 'Extremely High  Priority'

According to insights from Tony Pauline of Sportskeeda, Mayfield is anticipated to secure a contract in the range of $40 million per annum. Even during discussions surrounding the NFL Combine, there were indications that the Buccaneers’ quarterback would likely demand at least $34-$36 million annually in a new agreement.

The projected expenses associated with retaining Mayfield represent one of the obstacles confronting the Buccaneers, albeit not the sole one. With safety Antoine Winfield Jr. anticipated to receive the franchise tag this offseason, both Mayfield and wide receiver Mike Evans are anticipated to become free agents in the NFL.

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