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Mayfield agreed to terms on a three-year, $100 million deal with the Buccaneers on Sunday, Ian Rapoport of NFL Network reports.

Mayfield will remain with Tampa Bay as its presumptive starting quarterback for at least the next two years. According to Adam Schefter of ESPN, the 28-year-old's new deal includes $50 million guaranteed, including $30 million guaranteed in 2024 and $20 million guaranteed in 2025. This contract also includes $5 million per year in incentives, increasing its max value to $115 million. Mayfield originally signed with the squad in May 2023 on a flier, one-year deal worth $8.5 million. He went on to notch career highs in both passing yards (4,044) and passing touchdowns (28) while tossing just 10 interceptions across 17 regular-season starts, and he led the team to a NFC South title and an appearance in the divisional round of the NFC playoffs. Star wideout Mike Evans also re-signed on a two-year, $52 million contract with Tampa Bay this offseason while standout slot receiver Chris Godwin also still has two years remaining on his current contract with the team. The retention of these two core receivers should provide Mayfield with a strong base of receiving talent heading into the 2024 campaign.

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