Baker Mayfield sealed the deal with a whopping $165 million contract extension that ends the NFL's most talked-about contract standoffs this offseason. The Tampa Bay Buccaneers and their star quarterback have inked a deal with a three-year extension, the team announced on Tuesday, September 8, 2026. Mayfield signed the contract extension just five days before heading into the regular season, valued at a whopping $165 million.
With a $55 million cash out per season, Mayfield becomes one of the highest-paid QBs in NFL history, matching him with Joe Burrow, Josh Allen, Jordan Love, Trevor Lawrence, and Matthew Stafford. The signing also saw Mayfield become the highest-paid player in franchise history. Announcing the deal, the Bucs owner, Joel Glazer, said in a statement on Tuesday, September 8, that "Baker's arrival marked an important new chapter for our organization, and over the past three years, he has established himself as the unquestioned leader of our franchise."
The Bucs' previous highest-paid quarterback contract was Mayfield's prior three-year deal valued at $100 million, which averaged $33.33 million per year. Ahead of the NFL regular season 2026-27 kicking off in Seattle on Wednesday, September 9, franchises have locked in their QBs. With Mayfield's whopping $165 million contract extension now official, here is a list of the NFL's top 10 highest-paid quarterbacks, per Over The Cap, an online portal that tracks NFL player contracts and salary cap details.
The top list includes Patrick Mahomes (Chiefs) valued at $64 million per season, Dak Prescott (Cowboys) valued at $60 million, Baker Mayfield (Buccaneers) valued at $55 million, Joe Burrow (Bengals) valued at $55 million, Josh Allen (Bills) valued at $55 million, Jordan Love (Packers) valued at $55 million, Trevor Lawrence (Jaguars) valued at $55 million, Matthew Stafford (Rams) valued at $55 million, Jared Goff (Lions) valued at $53 million, and Brock Purdy (49ers) valued at $53 million.
