Commanders Give WR Terry McLaurin Hefty Contract Extension

Terry McLaurin is about to get paid.

The Washington Commanders locked up their top receiver with a monster three-year extension worth up to $71 million.

ESPN’s Adam Schefter was first to report the deal, which includes a $28 million signing bonus – the largest ever given to a wide receiver.

The contract puts McLaurin in the top five salary earners for wideouts and includes 76.4% guaranteed new money.

From Question Mark to Upper Echelon

There was worry that the Commanders and McLaurin were far apart in negotiations, leading to the receiver skipping OTAs and minicamp in May and June.

Head coach Ron Rivera remained steadfast in his belief that McLaurin would stay in a Washington uniform, and any worries have been put to rest with McLaurin now secured until 2025.

McLaurin joins a growing list of receivers to cash in this offseason. Earlier this year, Davante Adams bolted from Green Bay, signing a five-year $142 million deal with the Las Vegas Raiders.

Tyreek Hill and A.J. Brown also signed colossal contracts with the Miami Dolphins (four years, $120 million) and Philadelphia Eagles (four years, $100 million).

Other notables include the Buffalo Bills’ Stefon Diggs (four years, $96 million), the Los Angeles Rams’ Cooper Kupp (three years, $80.1 million), and the Carolina Panthers’ D.J. Moore (three years, $61.9 million).

McLaurin Putting Up Big Numbers Despite Quarterback Carousel

The third-round pick has been putting up first-round numbers since being drafted 76th overall in 2019. McLaurin burst onto the scene as a rookie, snagging 58 catches for 919 yards and seven touchdowns.

He followed that with consecutive 1,000-yard seasons in 2020 (1,118) and 2021 (1,053). He’s done all this with a whopping eight starting quarterbacks in three years.

The Commanders are banking on new QB Carson Wentz to add some stability to the position, with the hope that McLaurin will finally be able to build a rapport with a consistent pivot.

In his career, McLaurin has racked up 222 receptions, 3,090 yards, 16 TDs, and has a 62% catch rate. The receiver will turn 27 in September.

Terry McLaurin Odds For Most Regular Season Receiving Yards

With so many star wide receivers in the league, McLaurin gets pushed down the odds boards for most regular season receiving yards. The usual suspects are at the top, including Cooper Kupp, Justin Jefferson, and Ja’Marr Chase.

Those players posted more receiving yards than McLaurin last season, but there may be some value on McLaurin at a price as high as 50-to-1.

Commanders fans can place their NFL bets at five Maryland casinos while the state waits for mobile betting apps.

Cooper Kupp, LAR+850+700+900+800
Justin Jefferson, MIN+900+800+900+1000
Ja'Marr Chase, CIN+1200+1000+1200+1200
CeeDee Lamb, DAL+1200+1400+1400+1600
Davante Adams, GB+1200+1200+1200+1100
Terry McLaurin, WAS+5000+4000+6600+5000

AP Photo/Bill Kostroun

About the Author

Ryan Hagen

Ryan Hagen is a freelance writer for Maryland Sharp. He’s spent most of his career writing in roles that have ranged from copywriter at a boutique ad agency to corporate communications at a large oil firm. His true passion is sports, and he’s now been writing in the sports gaming industry for the last couple of years. He enjoys sports betting and usually bets a little too much when he loses and not quite enough when he wins.