The Philadelphia Eagles exercised the fifth-year option on wide receiver DeVonta Smith and signed him to a three-year extension through the 2028 season, the team announced Monday.
The three-year deal is worth $75 million and contains $51 million in guaranteed money, sources told NFL Network's Ian Rapoport.
Smith's extension averages $25 million per year, which ties him with teammate A.J. Brown for fourth highest among NFL receivers, per Spotrac. Brown signed his four-year, $100-million deal in 2022.