The Washington Commanders have signed wide receiver Terry McLaurin to a contract extension that adds three years and over $96 million to his existing deal. However, the new agreement comes with modest guarantees, giving the team flexibility to manage their salary cap.
McLaurin’s average annual value is consistent with top-tier receiver contracts, but his total guaranteed money at signing is limited. The new deal includes a $30 million signing bonus, which will be prorated over five years, and a reduced 2025 base salary of $1.75 million that is fully guaranteed.
The contract extension provides McLaurin with solid cash flows in 2025 and 2026, but little certainty beyond that. The team can reduce their cap hits substantially in 2027 and 2028 by trading or releasing McLaurin, which will be a significant factor in the team’s decision-making process.
With the Commanders’ current salary cap situation, they have estimated available cap space of approximately $26.55 million for the upcoming 2025 season. The new extension is part of a trend of teams building stable core rosters, with many players under contract through 2027.
Overall, McLaurin’s contract extension provides a clear path forward for the wide receiver, but also gives the Commanders flexibility to manage their salary cap and make decisions about his future with the team.
Source: https://www.hogshaven.com/cba-amp-contracts/372743/we-now-know-the-details-of-terry-mclaurins-contract-extension