Eagles and DeVonta Smith agree to 3-year extension – NBC Sports Philadelphia

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By journalsofus.com

DeVonta Smith got his payday and he’s not going anywhere anytime soon.

The Eagles have now made sure that their rising star receiver is under contract through the 2028 season.

On Monday morning, the Eagles picked up Smith’s fifth-year option on his rookie contract And The team announced that a three-year contract extension has been agreed to through the 2028 season.

NFL Network’s Ian Rapoport reported that in 2025, Smith will play on a fifth-year option and his three-year extension for 2026, 2027 and 2028 is worth $75 million and includes $51 million in guaranteed money.

It’s a big sum for Smith, who didn’t seem too concerned about getting the deal done.

“Let the chips fall where they fall,” Smith said of his contract situation in February. “When the time comes, it comes. I don’t necessarily have to focus on this. It will come and I am letting it go.”

The $25 million annual average in the three-year extension matches the APY of the four-year, $100 million contract AJ Brown signed after being traded to the Eagles in 2022.

In terms of APY, the Eagles now have two of the top five highest-paid receivers in the NFL. Only Tyreek Hill ($30 million), Davante Adams ($28 million) and Cooper Kupp ($26.7 million) have a higher APY than Brown and Smith. It’s worth noting that the Eagles made this deal before major extensions for Justin Jefferson and CeeDee Lamb were recapturing the market.

Smith became eligible for a contract extension after finishing the third year of his rookie contract in 2023. He enters the final year of that rookie deal in 2024 and will play on the option of a fifth year in 2025. That option year is estimated to be worth $15.591 million, according to OverTheCap. So it ended up being a four-year, $91 million deal.

The Eagles no longer needed to get this extension done, but they always prefer to make quick deals with their players. And Smith is such a cornerstone player they never want to leave the building.

General manager Howie Roseman said this offseason, “Devonta is an incredible person, incredible player, obviously a homegrown, young guy.” “Without getting into specific details, these are the people you really don’t want to leave.”

Smith, 25, was the No. 10 overall pick in the 2021 NFL Draft out of Alabama and has been exactly what the Eagles expected during the first three years of his career.

In his first three seasons, Smith has caught 240 passes for 3,178 yards and 19 touchdowns. Despite sharing the field with a Pro Bowler like Brown, Smith still managed to go over 1,000 yards in back-to-back seasons.

In 2023, Smith ranked 20th in the NFL with 1,066 receiving yards, but many suspect another level is coming to his game. Even Smith thinks there’s more to come.

“I would say, yes,” he said in February. “You have seen it many times. But I mean, it’s just about getting the ball into space. That’s all.”

The Eagles’ offense will look different in 2024 following the addition of offensive coordinator Kellen Moore. There’s a good chance that Smith will be one of the players who benefits most from that change.

The Eagles have been busy this offseason and now have five players under contract through 2028: Jalen Hurts, Landon Dickerson, Jake Elliott, Jordan Mailata and Smith. Those final four got extensions this offseason.

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