What happened: Baker Mayfield agreed to a three-year deal averaging $55 million annually. The contract begins in 2027 and makes him the highest-paid player in
Why it matters: A July deadline passed without an agreement, leaving Mayfield on course for free agency after this season. The new terms replace that short-term uncertainty with three additional years of control.
By the numbers: Three-year extension; $165 million total value; $55 million annual average; signed through 2029.
What to watch: Mayfield is set to open the 2026 season Sunday.