Bucs and quarterback Baker Mayfield finalize three-year, $165 million extension

The Tampa Bay Buccaneers and quarterback Baker Mayfield agreed on a three-year extension valued at $165 million, a deal that will keep Mayfield in Tampa Bay through the 2029 season. Sources reported the agreement was reached shortly before the start of the 2026 regular season after negotiations had stalled earlier in training camp.

Buccaneers owner Joel Glazer said the contract reflects the organization’s confidence in Mayfield’s leadership on and off the field. General manager Jason Licht expressed optimism about Mayfield’s future with the team, noting that the quarterback wants to continue playing and prove himself as the franchise’s starter.

The new deal averages $55 million per year, placing it among the highest-paid quarterback contracts in the league. It surpasses Mayfield’s previous three-year, $100 million agreement and exceeds the franchise’s prior quarterback record held by Tom Brady’s two-year, $50 million deal.

Negotiations had previously broken down over a two-year, $50 million offer that would have ranked the quarterback 13th among NFL peers. Mayfield and his agent, Tom Wills, sought a longer-term commitment and compensation that reflected recent team success, including two NFC South titles and a 2023 playoff win.

The extension follows a recent contract renewal for defensive tackle Vita Vea, who also secured a new deal after requesting a trade. Both moves signal the Buccaneers’ intent to retain key players amid a market where several high-profile quarterbacks are negotiating new contracts.