DeVonta Smith obtained his payday and he isn’t going wherever anytime quickly.
The Philadelphia Eagles have now ensured that their rising star receiver is below contract by the 2028 season.
On Monday morning, the Eagles picked up Smith’s fifth-year possibility on his rookie contract and agreed to a three-year contract extension by the 2028 season, the workforce introduced.
So in 2025, Smith will play on the fifth-year possibility and his three-year extension for 2026, 2027 and 2028 is price $75 million and consists of $51 million in assured cash, NFL Network’s Ian Rapoport reported.
It’s big-time cash for Smith, who didn’t appear too fearful about this deal getting finished.
“Let the chips fall the place they fall,” Smith stated about his contract state of affairs in February. “When the time comes, it comes. I’m not essentially centered on it. It’ll come and I’m simply letting it go.”
That annual common of $25 million over the three-year extension matches the APY of teammate A.J. Brown’s four-year, $100 million contract signed after he was traded to the Eagles in 2022.
When it comes to APY, the Eagles now have two of the highest 5 highest-paid receivers within the NFL. Simply Tyreek Hill ($30M), Davante Adams ($28M) and Cooper Kupp ($26.7M) have increased APYs than Brown and Smith. It is price noting that the Eagles obtained this deal finished earlier than main extensions for Justin Jefferson and CeeDee Lamb reset the market.
Smith grew to become eligible for a contract extension after ending the third yr of his rookie contract in 2023. He enters the ultimate yr of that rookie deal in 2024 and can play on the fifth-year possibility in 2025. That possibility yr is projected to be price $15.591 million, in response to OverTheCap.
The Eagles didn’t have to get this extension finished now however they at all times prioritize getting offers finished with their gamers early. And Smith is the form of cornerstone participant they by no means need to let go away the constructing.
Smith, 25, was the No. 10 general decide within the 2021 NFL Draft out of Alabama and he’s been precisely what the Eagles hoped he’d be through the first three years of his profession.
In his first three seasons, Smith has caught 240 passes for 3,178 yards and 19 touchdowns. Regardless of sharing the sector with a Professional Bowler like Brown, Smith has nonetheless managed to go over 1,000 yards in back-to-back seasons.
In 2023, Smith completed twentieth within the NFL with 1,066 receiving yards however many suspect there’s one other degree coming in his sport. Even Smith thinks there’s extra coming.
“I’d say, yeah,” he stated in February. “You’ve seen it at occasions. However I imply, that simply comes all the way down to getting the ball in area. That’s all it’s.”
The Eagles offense will look totally different in 2024 after the addition of offensive coordinator Kellen Moore. There’s a very good likelihood Smith shall be one of many gamers who advantages most from that change.
The Eagles have been busy this offseason and now have 5 gamers below contract by 2028: Jalen Hurts, Landon Dickerson, Jake Elliott, Jordan Mailata and Smith. These final 4 have gotten extensions this offseason.
