BREAKING: Buccaneers Re-Signing Baker Mayfield To Three-Year, $100M Deal

Ian Rapoport of NFL Media reports that the Buccaneers are re-signing QB Baker Mayfield. 

According to Rapoport, Mayfield receives a three-year contract worth $100 million with $50 million guaranteed. 

Rapoport adds that the contract can max out at $115 million with incentives.

Mayfield confirmed the deal to Adam Schefter, saying: “I wanted a chance to come back. I love coach Bowles and the staff. I’m happy to be here and I want to win more in the postseason.”

All indications have been that Baker was likely to be back in Tampa Bay, so this isn’t a big surprise. There was talk about the Vikings, Falcons or Patriots being landing spots, but in the end, the Bucs and Mayfield were able to strike a reasonable compromise. 

Mayfield, 28, was drafted by the Browns with the No. 1 overall pick out of Oklahoma in 2018. He played out the fourth year of a four-year, $32.68 million rookie deal that included a $21.85 million signing bonus. 

The Browns exercised Mayfield’s fifth-year option which would have cost Cleveland $18.858 million fully guaranteed in 2022. However, Cleveland traded Mayfield to the Panthers in exchange for a conditional 2024 fourth-round draft pick. 

Cleveland agreed to cover $10.5 million of Mayfield’s salary with the Panthers paying out the rest. However, Carolina cut Mayfield during the season and he was claimed off waivers by the Rams, finishing out his contract in Los Angeles.

Last offseason he signed a one-year deal with Tampa Bay worth up to $8.5 million. 

In 2023, Mayfield appeared in all 17 games for the Buccaneers and completed 64.3 percent of his passes for 4,044 yards, 28 touchdowns and 10 interceptions to go along with 163 yards rushing and a touchdown.

We had him included in our Top 100 – 2024 NFL Free Agents list.