Ja’Marr Chase was already expected to reset the wide receiver market when he inks his next contract. However, it’s sounding like the Bengals star could soar past the field.
[RELATED: Bengals Seeking Long-Term Deal For Ja’Marr Chase]
According to Jordan Schultz of FOX Sports, Chase is expected to command at least $40MM per year on his next deal. This average annual value would easily put the WR atop his position, and it would even rival some QB contracts.
It was less than a year ago that the top of the wide receiver market settled in at a $30MM AAV, with Justin Jefferson, CeeDee Lamb, A.J. Brown, Amon-Ra St. Brown, and Brandon Aiyuk joining Tyreek Hill at that milestone. Jefferson ended up earning the highest average of the bunch, as his four-year extension came in at $35MM per year. At the time, it was expected that Chase’s next deal would approach or slightly top that pact, but it’s now sounding like the Bengals WR has his eyes set on an even larger pay day.
Jefferson currently leads all non-QBs in AAV, with the $30MM-plus group also consisting of a handful of defenders (including Nick Bosa and Chris Jones). Chase’s targeted $40MM AAV would place him tied for 15th in the entire league, with that number matching Matthew Stafford‘s annual earnings and topping the likes of Baker Mayfield, Aaron Rodgers, and Derek Carr.
While both Chase and the Bengals made some progress on extension talks last offseason, they couldn’t agree to a deal before their self-imposed deadline of Week 1. The two sides did not engage in contract talks during the 2024 campaign, and there’s now a bit more urgency with Chase entering the final season of his rookie contract. While the organization has made it clear all along that they’re prioritizing a new deal for the star wideout, that may be easier said than done.
In addition to Joe Burrow‘s once-record-breaking deal, the Bengals are also navigating Tee Higgins‘ impending free agency. A recent report indicated that the front office was planning to hit Higgins with the franchise tag for a second-straight offseason, a move that would lock them into a relatively affordable $26.2MM commitment for the 2025 campaign. The Bengals could also hit Chase with the franchise tag in 2026 and 2027, which would buy the organization even more time to figure out their financials.
While there’s a chance the Bengals just look to roll with their star trio for one more season, there have been genuine rumblings that they’re trying to keep all three players for the long haul. In that case, Burrow, Chase, and Higgins would cost the team at least $120MM per season, even if the QB is willing to hand back some money.