Breaking down the highest-paid wideouts after Waddle's new deal with Miami.
inked standout wide receiver Jaylen Waddle to a hefty three-year, $84.75 million contract extension with $76 million guaranteed. The deal makes Waddle one of the highest-paid wideouts in the entire NFL, quite an honor considering how many good and well-paid receivers there are in the league nowadays.
Specifically, Waddle is now one of the five highest-paid wide receivers based on average annual value, or AAV. This has become the most used metric in ranking NFL contracts because salary guarantees fluctuate so drastically from contract to contract. It's also quite simple—to find the AAV of any deal, take the total value and divide it by the length of the contract.
In Waddle's case, his three-year contract comes out to an average of $28.25 million per season. That ranks below Philadelphia Eagles' A.J. Brown Detroit Lions' Amon-Ra St. Brown and fellow Dolphin Tyreek Hill but higher than contemporaries like Las Vegas Raiders' Davante Adams or Los Angeles Rams' Cooper Kupp .
Speaking even more broadly, how does Waddle's new deal stack up across the league? Here's where he ranks among the NFL's 30 highest-paid receivers, ranked by AAV with total value and the total amount of money that is guaranteed, which is another useful metric in measuring how much the contract really means to both player and team.There are undoubtedly more names who will be added to this list as soon as this offseason.
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