The Philadelphia Eagles and DeVonta Smith have agreed to phrases on a three-year contract extension, in accordance with an official staff announcement. The staff additionally introduced they picked up his fifth-year possibility.
And so Smitty is now underneath staff management by the 2028 NFL season.
He was initially underneath contract for 2024. The fifth-year possibility, which is price slightly below $16 million, accounts for 2025. After which the three-year, $75 million extension that reportedly consists of $51 million assured kicks in for the three seasons after that.
This information hardly comes as a shock; there was a current report in regards to the Eagles and Smith discussing a brand new deal. It was mentioned that there was “normal optimism” about one thing getting finished.
Smith has clearly been an excellent participant for the Eagles since they traded as much as choose him at No. 10 general within the 2021 NFL Draft. Solely 16 gamers have amassed extra receiving yards since he entered the league. Smith is at the moment averaging 117.3 targets, 80 receptions, 1059.3 yards, and 6.3 touchdowns per season. And regardless of (overblown) pre-draft issues about his slight body, he’s solely missed one sport because of damage (which was probably as a result of staff being overly cautious about him in Week 18 final 12 months).
Smith is now the second member of the Eagles’ 2021 draft class to signal an extension. The staff beforehand prolonged Landon Dickerson’s contract again in March. On the time, there was some query why Smith wasn’t prolonged first … however the presence of the fifth-year possibility (or lack thereof with Dickerson) all the time afforded the Eagles extra time to get one thing finished.
Nonetheless, Eagles followers can really feel good understanding Smith is now formally right here to remain. They’ll additionally really feel good his extension got here in earlier than the value goes up even increased with new offers anticipated for the likes of CeeDee Lamb (lol Cowboys), Brandon Aiyuk, and so on.
When it comes to the extension, Smith’s $25 million annual worth at the moment ranks tied with teammate A.J. Brown for the fourth-highest at his place. Accounting for the fifth-year possibility in 2025, nevertheless, Smith is basically round $22.75 million for the following 4 years after 2024. That at the moment ranks tenth in annual WR worth. However, once more, Smith will solely be pushed down by the brand new offers which can be certain to come back in over him.
