Report: Commanders' McLaurin signing 3-year extension worth up to $71M

Washington Commanders wide receiver Terry McLaurin is signing a three-year extension that's worth up to $71 million, sources told ESPN's Adam Schefter.

The new deal will place McLaurin among the league's top-five highest-paid wideouts. It also contains a $28-million signing bonus, the largest figure given to a receiver, per Schefter. Additionally, over 76% of the wideout's extension is guaranteed.

McLaurin, who had one more year remaining on his rookie pact, will now be under contract with the Commanders through the 2025 season.

Signing McLaurin to a new contract has been one of Washington's biggest offseason priorities. Head coach Ron Rivera spoke positively of talks with McLaurin earlier in June after the receiver skipped mandatory minicamp and OTAs.

The 26-year-old wideout has been an integral part of Washington's offense since being selected in the third round of the 2019 NFL Draft. He's put up at least 900 receiving yards in each of his three seasons and is coming off a 1,053-yard campaign in 2021.

McLaurin is the second big-name receiver from the talented 2019 draft to receive a lucrative extension. A.J. Brown struck a four-year, $100-million extension with the Philadelphia Eagles in April.

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