DeVonta Smith Secures Extension with Eagles, Avoiding Potential Explosion in Receiver Market

In a strategic move, the Eagles signed DeVonta Smith to an extension ahead of the potential explosion in the receiver market. As a first-round pick in 2021, Smith secured his second contract before other top receivers like Justin Jefferson, CeeDee Lamb, Brandon Aiyuk, and Ja’Marr Chase. The details of Smith’s deal reveal significant numbers, including a signing bonus, base salaries for future years, option bonuses, and various performance bonuses.

Smith’s contract includes a signing bonus of $20,351,554, with fully guaranteed base salaries and bonuses for the upcoming years. The deal extends through 2028, with escalating base salaries and per-game roster bonuses. The contract also incorporates $1 million in escalators for specific years, allowing for potential increases in compensation depending on performance.

By securing Smith to this extension, the Eagles have positioned themselves well in the market by proactively securing his future with the franchise. With a new-money average of $25 million, the deal aligns closely with other top receiver contracts in the league. This move avoids the potential increase in cost that often accompanies waiting to sign high-end receivers to second contracts. Overall, the team has demonstrated its commitment to building a successful franchise by investing in its top talent early on.