Justin Jefferson Contract: Salary, Guaranteed Money

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Minnesota Vikings wide receiver Justin Jefferson (18) makes a catch while being covered by Detroit Lions cornerback Cameron Sutton (1) during the second half of an NFL football game Sunday, Jan. 7, 2024, in Detroit.
(AP Photo/Duane Burleson)
Chase Kiddy @chaseakiddy Aug 23, 2024, 3:48 PM

Justin Jefferson only played 10 games in 2023 because of a hamstring injury, but he still graded out as one of the five best wide receivers in the NFL.

Jeffersonโ€™s elite talent and skills have been a known commodity for a while, so no one was surprised when the Minnesota front office offered the All-Pro a huge contract extension worth more than $100 million.

Justin Jefferson Contract

On June 3, Justin Jefferson signed a four-year contract extension worth $140 million.ย 

The deal includes annual $250,000 workout bonuses and runs through 2028.ย 

Justin Jefferson Signing Bonus

Justin Jefferson received a total signing bonus of $36.94 million when he signed his extension. Some of that money was originally marked as 2024 salary.ย 

Justin Jefferson 5th Year Option

Minnesota exercised its team option for the fifth year of Justin Jeffersonโ€™s rookie contract in April 2023. That means his rookie contract will officially end after the 2024 season, and his new contract extension will kick in for 2025.ย 

Justin Jefferson Salary

Justin Jeffersonโ€™s base salary for the 2024 season is $1.125 million.ย 

Jefferson was originally scheduled to make about $19.7 million in 2024, but his new extension rolls most of that money into signing bonus cash so that he receives it right away.

When Jeffersonโ€™s extension kicks in next season, heโ€™ll make $31.93 million.ย 

Over the life of his extension, Jeffersonโ€™s average annual salary is $35 million. Itโ€™s the highest average annual pay for a non-quarterback in NFL history.

Justin Jefferson Guaranteed Money

Justin Jeffersonโ€™s contract extension contains $110 million in guaranteed money, including $88.74 million at signing.

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About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.