A lot of receivers earned new deals this offseason.
Justin Jefferson (Vikings), Jaylen Waddle (Dolphins), Amon-Ra St. Brown (Lions), Calvin Ridley (Titans), Michael Pittman Jr. (Colts) and the Eagles' duo of A.J. Brown and DeVonta Smith all inked lucrative contract extensions this season. Those deals pushed them each to or near the top of the highest-paid players at their position.
Jefferson's huge four-year, $140 million deal reset the market on June 3. It pays him $35 million annually.
The Texans' Nico Collins joined the club of contract extensions after he signed a three-year, $72.5 million deal that can pay him as much as $25 million per year. It also came with in $52 guaranteed salary. While that deal didn't push him into the top five of the highest-paid players at his position, Collins is now squarely in top-10 highest-paid receivers.
And he's earned it. Collins caught 80 receptions for more than 1,200 yards and eight touchdowns during the regular season this past year. He added another 11 receptions for 164 yards and a touchdown in two postseason games in 2023. After two injury-plagued seasons with bad quarterbacks, Collins looked the part of a third-round pick with C.J. Stroud throwing him the ball.
Here's how Collins' new deal ranks among the rest of the NFL in 2024.
How much does Nico Collins make compared to other NFL receivers?
Collins' contract value of $72.5 million ranks 13th, according to Over the Cap — just above Jaguars' wide receiver Christian Kirk. If Collins hits his incentives and reaches that $75 million max value, he'll tie Smith at No. 11.
That $24 million APY is tied for ninth among wide receivers with the Seahawks' D.K. Metcalf. Once again, Collins would tie Smith if he hits his incentives to average $25 million per year.
Collins hit the jackpot with guaranteed money. His $52 million guaranteed is great and ranks 12th among all NFL receivers, per Spotrac.
WR Nico Collins' #Texans Extension
— Spotrac (@spotrac) May 29, 2024
▪️4 yrs, $75.8M total base value
▪️$32.116M guaranteed at signing
▪️Another $10M locks next March
▪️3 years, $53.9M practical
Cap Hits
2024: $6.6M
2025: $18.3M
2026: $24.8M
2027: $26.1M
Full Breakdown: https://t.co/5FSQNUut09
NFL wide receiver contract values
Here is a full breakdown of the top-12 active wide receiver contracts in the NFL, per Over the Cap.
Player Contracts
| Player | Team | Total Value | APY | Guaranteed |
|---|---|---|---|---|
| Justin Jefferson | Vikings | $140 million | $35 million | $110 million |
| Davante Adams | Raiders | $140 million | $28 million | $65.6 million |
| Amon-Ra St. Brown | Lions | $120.01 million | $30 million | $77 million |
| Tyreek Hill | Dolphins | $120 million | $30 million | $72.2 million |
| Amari Cooper | Browns | $100 million | $20 million | $60 million |
| A.J. Brown | Eagles | $96 million | $32 million | $84 million |
| Calvin Ridley | Titans | $92 million | $23 million | $50 million |
| Jaylen Waddle | Dolphins | $84.75 million | $28.25 million | $76 million |
| Keenan Allen | Bears | $80.1 million | $20 million | $43 million |
| Cooper Kupp | Rams | $80.1 million | $26 million | $75 million |
| DeVonta Smith | Eagles | $75 million | $25 million | $51 million |
| Nico Collins | Texans | $72.5 million | $24.1 million | $52 million |
| D.K. Metcalf | Seahawks | $72 million | $24 million | $58.2 million |
