Baker Mayfield’s contract details: Salary and years remaining with the Buccaneers

Tampa Bay Buccaneers quarterback Baker Mayfield’s NFL career has been up and down, but fortunately for him, he’s on an up right now. Since joining the team last season, Mayfield has only improved.

For the 2024 season he ended up with 4,500 passing yards, 41 touchdowns and a 71.4 percent completion average.

The Buccaneeers have rewarded the QB with $30 million guaranteed in 2026. The QB is currently in his second year of a 3-year contract.

Fortunately for the Bucs, Mayfield is there to stay for a little while longer.

Baker Mayfield’s contract with Tampa Bay

When Mayfield signed with the Bucs, it was initially just a one-year deal. After earning his first Pro Bowl nod, setting career highs in touchdown passes and yards, and leading the team to the Divisional Round of the playoffs, Tampa Bay decided they’d keep him around a little longer.

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In March 2024, the Buccaneers signed Mayfield to a three-year, $100 million contract extension with $50 million guaranteed. His average annual salary is now $33.33 million. In 2024, he earned $30 million with all of it guaranteed. In 2025, he’ll earn $30 million with $20 million guaranteed, and in 2026, he’ll earn $40 million.

Basically, it’s a two-year deal for $60 million with the contract including an out after two years. Mayfield has those two years to prove he deserves the $40 million in 2026. The incentives include $5 million every year, making the max value of the contract $115 million. Essentially, if he plays well, Mayfield has the opportunity to earn a lot of money, while the Bucs avoid a long-term commitment in case he doesn’t. So far, he’s been playing like a quarterback worth the money.