Jaxon Smith-Njigba's Move Puts Seahawks in a $40M Quandary

Seahawks face a critical decision as Jaxon Smith-Njigba seeks a record-setting contract after a Super Bowl-winning season.

The Seattle Seahawks are basking in the glory of their Super Bowl LX victory, but as the confetti settles, attention turns to the off-season's critical moves, including free agency and the NFL draft. One key storyline is the future of their star wide receiver, Jaxon Smith-Njigba.

In a recent chat with WFAA in Dallas, Smith-Njigba laid out his contract expectations. With Seattle holding a fifth-year option and the potential to franchise tag him, the clock is ticking towards a long-term deal.

JSN has made it clear: he aims to be the highest-paid wide receiver in the league. The question is whether his performance justifies such a payday.

Smith-Njigba's talent is undeniable. Leading the league with 1,793 receiving yards in 2025, he was a crucial component of the Seahawks' championship run.

His ability to be the go-to target sets him apart, and without him, Seattle's path to the title would have been much tougher. His aspirations for a $40 million annual salary aren't just dreams; they're a reflection of his impact on the field.

Currently, Ja'Marr Chase of the Cincinnati Bengals holds the top spot for wide receiver salaries, earning over $40 million per season. Meanwhile, JSN's cap hit for 2026 sits at nearly $4.6 million under his rookie deal-a stark contrast that highlights the impending financial decisions for Seattle.

However, the future isn't set in stone. While Smith-Njigba dazzled with his league-leading stats, his performance in the latter part of the season saw some fluctuations.

Defenses adapted, and his production varied, with only two 100-yard games in his last nine outings. This inconsistency might influence his future contract negotiations.

The Seahawks face a pivotal decision with a May 1 deadline to exercise his fifth-year option. If Smith-Njigba's numbers dip to around 1,200 yards next season, it could complicate the decision to offer him a $40 million-a-year contract starting in 2028.

As we look ahead, the Seahawks' strategy with Smith-Njigba will be a fascinating storyline. His performance in the upcoming season could very well define the financial landscape for wide receivers across the league.