Justin Jefferson officially declared his decision to sign a deal that would set a record.

It seems that the Minnesota Vikings erred in their decision to drag out contract talks with Justin Jefferson, a wide receiver.

A year ago, Minnesota could have extended its offer to Jefferson, and the team could have worked out a contract at any time since. The Vikings and their All-Pro wide receiver could still be able to reach a multiyear deal, but when the league revealed a $30 million increase to the salary ceiling in 2024, a deal that already had the potential to be the richest at the position in NFL history will now be considerably more costly.

While there’s no assurance that Jefferson will reset the receiver market upon his next re-up, with Minnesota or elsewhere, the odds have always been favorable.

Tyreek Hill received a salary of $30 million yearly from the Miami Dolphins as part of a four-year contract deal two years ago. That amount continues to be the highest average yearly compensation a wide receiver has ever gotten from an NFL team.

 

“The price will always increase if you delay to give one of your own great players the deal he deserves. That is the one fundamental reality. On Saturday, February 24, Mike Florio of Pro Football Talk commented, “Always.” “Jefferson’s price increases even further as of Friday, with the salary cap flying to $255.4 million per team.