The Minnesota Vikings drafted a superstar wide receiver with the 22nd selection in the 2020 NFL draft in Justin Jefferson. Now that he has three years in the National Football League, discussions are starting when it comes to his contract.
The Vikings would like to sign Jefferson to a long extension to keep him in Minnesota for a long time and the first step is to exercise the fifth-year option on his contract.
According to a report from Sports Illustrated’s Albert Breer, the fifth-year option totals have been distributed to teams and it sets Jefferson’s contract at $19,743,000.
Fifth-year option totals for 2020 first-round picks have been distributed to teams. Here are the numbers for the four different categories—deadline to pick up the options is the week after the draft. pic.twitter.com/T0r91eEUvl
— Albert Breer (@AlbertBreer) February 7, 2023
The nice part about this number is it is upwards of $10 million less than what he will fetch on an extension which will allow him to be at a slight discount and give the Vikings more flexibility when it comes to maneuvering with an extension.
Jalen Reago will cost significantly less at $12,987,000 but the Vikings will likely decline his option.
