Sources: Buccaneers, Baker Mayfield agree on 3-year, $100M deal

The Tampa Bay Buccaneers and quarterback Baker Mayfield agreed to a three-year deal for $100 million in whole and $50 million assured, sources advised ESPN on Sunday.

Mayfield is ready to make $30 million assured in 2024, $30 million (with $20 million assured) in 2025 and $40 million in 2026, in keeping with ESPN’s Adam Schefter. There’s $5 million per 12 months in incentives, citing the utmost worth of the contract to $115 million.

Mayfield confirmed the deal in a press release to Schefter.

“I wished an opportunity to return again,” Mayfield mentioned. “I really like coach [Todd] Bowles and the employees. I am joyful to be right here and I need to win extra within the postseason.”

Mayfield signed with the Buccaneers on a one-year deal price $4 million in March 2023, charging him with the monumental activity of changing seven-time Tremendous Bowl winner Tom Brady.

Mayfield led the Bucs to spectacular highway victories on the Minnesota Vikings in Week 1 and on the New Orleans Saints in Week 4. However it was what he managed to do late within the season — main the Bucs to victories in 5 out of the final six video games — that dramatically modified the fortune of his workforce and revived his profession.

First there was a 29-25 comeback victory on the Atlanta Falcons in Week 14 during which Mayfield related with tight finish Cade Otton for an 11-yard landing with 36 seconds left. Then in Week 15, Mayfield turned the primary opposing quarterback in NFL historical past to submit an ideal 158.3 passer score at Lambeau Discipline when the Bucs defeated the Inexperienced Bay Packers 34-20. In that sport, he threw for 381 yards and 4 touchdowns. He adopted that up with a two-touchdown efficiency in a 30-12 win over the Jacksonville Jaguars in Week 16.

Mayfield’s 28 touchdowns through the common season ranked seventh within the league and have been a profession finest for him. His 2.8 touchdown-interception ratio tied with San Francisco 49ers quarterback Brock Purdy for ninth within the league. His 4,044 passing yards additionally ranked ninth, and essentially the most in a single season in Mayfield’s profession. He additionally posted a career-best 64.3 completion share.

Within the wild-card spherical of the playoffs, Mayfield threw for 337 yards and three touchdowns in a 32-9 rout of the Philadelphia Eagles. The next week within the divisional spherical, Mayfield threw for 349 passing yards, three touchdowns and two interceptions in a 31-23 loss on the Detroit Lions. Mayfield’s 106.3 passer score in these two playoff video games was the best of any Buccaneers quarterback in postseason historical past. His 3.0 postseason touchdown-interception ratio additionally matched that of Brady throughout his Buccaneers tenure.

The primary total draft decide in 2018, Mayfield led the Cleveland Browns to their first playoff win in 26 years after the 2020 season. However he was traded to the Carolina Panthers in July 2022, after the Browns acquired Deshaun Watson. The Panthers waived Mayfield after he went 1-5 as a starter in 2022, and he spent 5 video games with the Los Angeles Rams.

Mayfield’s agent, Tom Mills, mentioned in a press release to ESPN’s Jenna Laine that after his shopper was waived by the Panthers, “he by no means complained and all the time believed in himself. This contract is a results of that perspective, in addition to his capability. He and I are grateful to the Buccaneers for giving him the chance to proceed his profession.”

Along with his on-field efforts this season, Mayfield and his spouse, Emily, established the Baker and Emily Mayfield Basis in Tampa to “degree the enjoying discipline” for deprived kids and households, with occasions supporting Early Studying Coalition of Hillsborough County and the Boys & Women Membership of Tampa Bay.

Mayfield, 28, has handed for 20,322 yards with 130 touchdowns and 74 interceptions in his profession.

ESPN’s Jeremy Fowler contributed to this report.