Wide receiver Justin Jefferson’s historic NFL deal is expected to increase his net worth of $10 million dramatically.
Justin Jefferson’s meteoric rise in the NFL has established him as one of professional football’s most dynamic wide receivers.
Selected 22nd overall by the Minnesota Vikings in the 2020 NFL Draft, Jefferson’s impact was immediate and spectacular.
In his rookie season, he shattered records by accumulating 1,400 receiving yards, breaking the NFL rookie receiving record.
His success continued into his second season, surpassing Odell Beckham Jr.’s record for most receiving yards in a player’s first two NFL seasons, amassing 1,616 yards and 10 touchdowns in 2021 alone.
Despite facing challenges in 2023 due to a hamstring injury that limited him to 10 games, Jefferson still surpassed 1,000 receiving yards.
He maintained an impressive career-high average of 107.4 yards per game, demonstrating his elite status in the league.
Justin Jefferson’s Net Worth Climbs as He Becomes the NFL’s Highest-Paid Non-Quarterback!
Justin Jefferson’s financial trajectory has reached new heights in 2024, marking him as one of the NFL’s highest-earning athletes.
His current net worth is approximately $10 million, though this figure is expected to increase dramatically following his historic contract extension.
In June 2024, Jefferson signed a groundbreaking four-year, $140 million contract extension with the Minnesota Vikings.
The deal includes an unprecedented $110 million in guaranteed money and an $88.743 million signing bonus.
The abovementioned figures set a new benchmark for non-quarterback guarantees at signing.
The structure of Jefferson’s contract reveals a strategic progression in his earnings.
For the 2024 season, he will earn a base salary of $1.125 million with a cap hit of $8.5 million.
This figure is expected to increase significantly in subsequent years. His base salary is projected to reach $24.99 million in 2026, $29.25 million in 2027, and peaking at $33.24 million in 2028.
Each year also includes a signing bonus proration of $7.387 million. This figure contributed to increasing cap hits that reached $47.3 million in the final year of his contract.
Jefferson’s market-leading annual average salary of $35 million surpasses all other NFL receivers, including notable stars like CeeDee Lamb at $34 million and A.J. Brown at $32 million.
This remarkable contract builds upon his initial rookie deal signed in 2020, which was worth $13.12 million over four years and included a $7.1 million signing bonus.
Beyond his NFL earnings, Jefferson has accumulated an endorsement portfolio that significantly enhances his financial standing.
He has secured partnerships with major brands. These include Under Armour, Campbell’s Soup, Angelus, Optimum Nutrition, Courtyard Hotels, Lids, Sleep Number, and Little Caesars.
Jefferson also poses a curated collection of expensive cars, including a $150,000 Mercedes AMZ.
These endorsement deals and his record-breaking NFL contract have positioned Jefferson as one of the most financially successful wide receivers.
Given his contract deals and prominence, Jefferson’s earning potential continues growing.
In Case You Didn’t Know
- Jefferson popularized the “Griddy” dance celebration, which he performed after scoring touchdowns. This has become a cultural phenomenon in the NFL.
- In Week 11 of the 2021 season, he led the Vikings to a 34-31 victory against the Green Bay Packers with eight catches for 169 yards, earning him the NFC Offensive Player of the Week honors.
- He tied Lance Alworth’s 57-year-old record as the fastest wide receiver to reach 6,000 career receiving yards, achieving this milestone in his 62nd career game.
