Baker Mayfield signs four-year contract with Tampa Bay Buccaneers

Quarterback Baker Mayfield has reached a new agreement with the Tampa Bay Buccaneers covering the 2026-2029 seasons. The contract provides a $10 million roster bonus and a $10 million base salary in 2026, both fully guaranteed. In 2027, a $48.65 million roster bonus and a $1.35 million base salary are fully guaranteed, while the 2028 base salary is $50 million, with $20 million guaranteed on the fifth day of the 2027 league year and the remaining $30 million guaranteed on the fifth day of the 2028 league year. The 2029 terms include a $2.5 million roster bonus and a $52.5 million base salary.

Overall, the deal guarantees $70 million at signing, with an additional $20 million vesting in 2027 and $30 million vesting in 2028. The total potential payout over the four-year period is reported as $205 million, though the guaranteed portion through 2029 amounts to $175 million. Analysts note that the average annual compensation under the new structure is approximately $48 million, compared with $27 million that Mayfield was slated to earn in 2026 under his previous contract.