NEWS UPDATE: Vikings GM finally declared What Justin Jefferson’s Potential Contract Could Cost Vikings

The Justin Jefferson contract got more expensive on Friday.

The Vikings probably wish they’d gotten receiver Justin Jefferson signed to a second contract before Friday. Whether they ever will remain to be seen.

The one fundamental truth about giving one of your own great players the contract he deserves is that the price will always go up if you wait. Always. As of Friday, with the salary cap shooting to $255.4 million per team, Jefferson’s price goes up even higher.

We’ve heard for nearly a year that the structure is a big part of the problem. The Vikings broke from their tendency to not fully guarantee dollars beyond the first year of a player’s contract for players other than Kirk Cousins last year with tight end T.J. Hockenson. Presumably, they’d use a similar structure with Jefferson, with the first two years fully guaranteed and the third year flipping to fully guaranteed at the start of the second year.

Does Jefferson want three years fully guaranteed at signing? (He should.) Does he want to be the highest paid receiver in the NFL, exceeding the $30 million per year that the Dolphins are paying receiver Tyreek Hill? (Even if it’s not really a $30 million per year contract.)

Whatever he wanted before Friday, he surely wants more now. As explained after Jefferson visited with PFT Live at the Super Bowl, Jefferson has been very patient. At some point, his patience will run out.

 

LAS VEGAS, NEVADA - DECEMBER 10: Justin Jefferson #18 of the Minnesota Vikings warms up before the game against the Las Vegas Raiders at Allegiant Stadium on December 10, 2023 in Las Vegas, Nevada.
0 seconds of 0 secondsVolume After a disappointing end to the 2023 NFL season, in which the team finished the year with a 7-10 record and missed the NFL playoffs entirely, the Minnesota Vikings will head into the offseason with some decisions to make, as this team could look a lot of different next season.

The quarterback position will almost certainly look different with the consensus being that the team will let veteran quarterback Kirk Cousins walk in NFL free agency, which will be a drastic change for the team moving forward.

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