Terry Mclaurin signs a massive extension

Ian Rapoport reported that the Commanders and star WR Terry McLaurin have agreed to terms on a 3-year deal worth $23.3M per year of new money. That places him amongst the NFL's top-five highest-paid WRs, sources tell ESPN. Buddy Baker and Tony Bonagura of Exclusive Sports Group finalized the deal today w/ Washington SVP Rob Rogers.

The contract includes a $28 million signing bonus and 76.4 percent guaranteed money.

Since being a third-round draft pick in 2019, McLaurin established himself as the Commander's top receiver. He's led the team in receiving in each of his three seasons. McLaurin had 77 catches for 1,053 yards and five touchdowns during the 2021 season.

He skipped voluntary offseason team workouts in April and May. Then last week, he took it one step further by skipping Washington's three-day mandatory minicamp. Instead, McLaurin travelled to Florida to continue his workouts. The move made his holdout official. As a result, he is subject to fines that could total over $95K.