Jaxon Smith-Njigba Snags a Record-Setting WR Contract

The Seattle Seahawks reset the top end of the NFL wide receiver market by extending Jaxon Smith-Njigba on a four-year, $168.6 million deal, making him the highest-paid WR ever and effectively keeping him in Seattle for six more seasons. The contract structure is team-friendly early, with manageable cap hits now and a deal that could look like a bargain as the market rises. Seattle also matches Jacksonville's two-year, $5.5 million offer sheet for restricted free agent Jake Bobo, locking in a depth piece with incentives and guarantees. The contract reduces the cap hit for Bobo in 2026 and keeps him locked in for 2027. Is Devon Witherspoon the next guy to get a new deal and could an looming ownership change be propelling deals to get done sooner than later?