Baker Mayfield signs $165M extension with Buccaneers through 2029

Baker Mayfield and the Tampa Bay Buccaneers have agreed to a three-year contract extension worth $165 million, keeping the quarterback under contract through the 2029 season, according to a joint report from NFL Network and ESPN.

The deal averages $55 million per year and ends a contract standoff that began during training camp when Mayfield cut off extension talks with the team.

"I felt disrespected by the Bucs' offer to him," Mayfield told reporters at the time, though he left the door open for his agent to continue negotiations with Tampa Bay.

According to NFL Network's Mike Garafolo, the two sides weren't far apart when talks initially stalled at the start of training camp. Both parties returned to the negotiating table after taking a break and were able to reach an agreement, preventing Mayfield from playing out his contract year.

The extension caps a remarkable turnaround for Mayfield, the No. 1 overall pick in the 2018 draft who has been Tampa Bay's starter for the past three seasons. He initially joined the Buccaneers on a one-year deal and immediately led the team to a division title and postseason victory in his first season.

Mayfield's tenure with Tampa Bay has produced mixed results. The Bucs went 10-7 in 2024 and won the NFC South before falling in the Wild Card round. After starting hot in 2025, Tampa Bay finished 8-9 and missed the postseason entirely.

Last season, Mayfield completed 63.2 percent of his passes for 3,693 yards with 25 touchdowns and 11 interceptions. His performance has been steady enough to earn him long-term security with an organization that has struggled to find consistent quarterback play since Tom Brady's retirement.

The timing of the extension comes just days before the Buccaneers begin their 2026 season on the road against the Cincinnati Bengals on Sunday. With his contract situation now resolved, Mayfield can focus entirely on leading Tampa Bay's quest to return to the playoffs after missing out last season.

For a player who began his college career as a walk-on at Oklahoma before winning the Heisman Trophy and becoming the top pick in the NFL draft, the $165 million extension represents another significant milestone in a career marked by perseverance through adversity.