The Washington Commanders and wide receiver Terry McLaurin have reached an agreement on a contract extension, according to “ESPN” reporter Adam Schefter. Head coach Ron Rivera’s team is willing to pay a lot for the 26-year-old’s services.

Munich – The Washington Commanders and Terry McLaurin have agreed on a three-year contract extension, according to Adam Schefter of “ESPN”. The wide receiver’s new working paper is said to be worth up to 71 million dollars. According to Schefter, 76.4 percent – $54.2 million – is guaranteed.

In addition to the salary, the 26-year-old can also look forward to a signing bonus of 28 million dollars, the largest ever for a wide receiver. Overall, the deal makes McLaurin one of the NFL’s five highest-paid receivers.

McLaurin princely rewarded

McLaurin joined the Commanders as the 76th pick in 2019 and caught 58 passes for 919 yards and seven touchdowns as a rookie. The former Ohio State Buckeye followed that up with over 1,000 yards for another nine touchdowns in both his sophomore and junior seasons and was the Washington team’s top receiver.

The 26-year-old is entering the final year of his rookie contract, but the Commanders wanted to lock him down long-term before that. According to reports, other teams already expressed interest in a trade if the contract extension didn’t work out.

“We have a tremendous interest in these guys staying with us in the future,” head coach Ron Rivera said of McLaurin beforehand. That cost the Commanders a lot. But the goal for the coming season is clear: With new quarterback Carson Wentz and a top receiver, the first playoff win since 2005 should be achieved.