The Philadelphia Eagles have secured wide receiver DeVonta Smith with a three-year, $75 million contract extension, including $51 million guaranteed, as reported by ESPN on Monday. The team also exercised the fifth-year option in his current contract, adding $16 million for the 2025 season.
Smith’s new deal places him among the highest-paid wide receivers in professional football, joining the ranks of Tyreek Hill of the Miami Dolphins ($30 million per year), Davante Adams of the Las Vegas Raiders ($28 million), Cooper Kupp of the Los Angeles Rams ($26.7 million), and his teammate A.J. Brown ($25 million). These substantial contracts reflect the increasing value of elite players in the sports industry.
In 2022 and 2023, Smith and Brown made franchise history by both surpassing 1,000 receiving yards in consecutive seasons. Their dynamic performances, combined with the versatile skills of quarterback Jalen Hurts, have propelled the Eagles into the top five teams for points per game over the past two seasons.
This significant investment by the Eagles underscores a broader trend in professional sports, where teams are committing considerable resources to secure top talent. The rising valuations of star athletes like Smith highlight the competitive nature of the industry and its global economic impact.
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Eagles reach three-year, $75 million contract extension with WR Smith
cgtn.com
