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Seahawks sign Jaxon Smith-Njigba to a record receiver deal

23 Mar 2026, 5:05 pm

The Seattle Seahawks signed wide receiver Jaxon Smith-Njigba to a new contract in the National Football League. The deal runs for four years and is worth 168 million dollars. At least 120 million dollars is guaranteed. The contract makes him the highest-paid wide receiver in NFL history.

A wide receiver is an offensive player whose main job is to catch passes and gain yards after the catch. In the modern NFL, top receivers are paid among the highest salaries outside the quarterback position because passing offenses depend on them. A guaranteed portion of a contract is money the player keeps even if he is released, which is why guarantees matter as much as the headline value. Smith-Njigba's guarantee is stated as at least 120 million dollars of the 168 million dollar total.

The Seahawks are a franchise in the NFL's National Football Conference. Signing a receiver to the richest deal at the position is a statement that the club expects him to remain a central part of the offense. Four years is a medium-length veteran contract in a league where top deals often run four or five seasons. The report does not list his previous salary, his statistics, or the average annual value beyond the four-year total.

Highest-paid status is measured here by the contract that sets a new mark for wide receivers. Other receivers remain under their own deals, and future signings can pass this one. The phrase at least 120 million dollars guaranteed means the floor of guaranteed money is 120 million dollars, and the report does not give a higher confirmed guarantee. No signing bonus, roster bonus schedule, or cap figure is included.

NFL contracts are agreements between a player and a club under a league-wide labor deal. They can include guarantees, incentives, and years that void under certain conditions. None of those extra clauses are described for this signing. What is public in the account is the team, the player, the length, the value, the guaranteed floor, and the historical ranking among receivers.

Jaxon Smith-Njigba is now under a four-year Seahawks contract worth 168 million dollars. At least 120 million dollars of that money is guaranteed. The deal is the richest ever given to an NFL wide receiver at the time it was signed. The agreement was reached on March 23.

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