Washington Commanders general manager Martin Mayhew revealed on Wednesday the team will meet with the agent of wide receiver Terry McLaurin about a contract extension.
The meeting will occur Friday in Indianapolis during the NFL Scouting Combine, according to Nicki Jhabvala of The Washington Post.
Production of Terry McLaurin
McLaurin is set to enter in the fourth and final year of his rookie contract. He’ll make $2.79 million in base salary.
The Commanders surely have interest in locking McLaurin into a long-term deal. They also have the option of a dreadful franchise tag for the 2023 season if contract talks fall through.
An argument can definitely be made that McLaurin has outplayed his contract value. Thus he will reflect the desire to make up for lost money in his next contract.
A third-round draft pick in 2019, McLaurin has led the team with 58 catches, 919 receiving yards and seven touchdowns as a rookie. He followed that season with a stronger one in 2020.
McLaurin snagged 87 catches for 1,118 yards and four touchdowns in 15 games his second year. Last season, he had 77 catches, 1,053 receiving yards and five touchdowns.
That’s great production through his first three seasons. Albeit, he’s done so playing with eight different quarterbacks and subpar play from the position during that span. Oh and without a true No. 2 wide receiver to alleviate pressure.
So what would a contract extension for McLaurin look like?
According to Spotrac, the market value for McLaurin is at $20.4 million per season. A four-year $81.9 million deal would make him the third highest paid wide receiver by 2023. His contract would be in line with DeAndre Hopkins, Amari Cooper and Keenan Allen.
The questions now are, do the Commanders value McLaurin at market rate? Do they feel they can afford that in the future? Is McLaurin asking above market value? Or does he want to stick it out another four years with Washington?