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BBC REPORT: Terry McLaurin Signs Historic $402.9 Million Deal with Texas Longhorns, Becoming Highest-Paid Player in NFL History

 

 

In a stunning and unprecedented turn of events that has rocked the sports world to its core, All-Pro wide receiver Terry McLaurin has signed a groundbreaking four-year, $402.9 million deal with the Texas Longhorns — a move that not only shakes up the NFL landscape but also makes McLaurin the highest-paid player in the history of the league.

This historic agreement, which was first reported by BBC Sports and later confirmed by multiple NFL insiders, represents a new era in professional football contracts, setting a staggering new benchmark for player compensation and catapulting McLaurin into a league of his own, financially and professionally.

A Deal That Defies Convention

Terry McLaurin, 28, previously with the Washington Commanders, has long been considered one of the most consistent and underappreciated wide receivers in the NFL. Known for his exceptional route-running, leadership, and clutch performances, McLaurin quietly racked up impressive numbers despite instability at the quarterback position and limited postseason exposure.

What makes this development even more astonishing is the mention of the Texas Longhorns — traditionally a college football powerhouse in the NCAA, not an NFL franchise. Sources close to the matter have confirmed that the Texas Longhorns are part of an experimental expansion into a professional hybrid model backed by a private equity group in partnership with the NFL. While it remains to be seen how this new franchise will be integrated into the existing NFL framework, the league reportedly approved the initiative as part of Commissioner Roger Goodell’s vision to expand football’s influence and commercial reach into unconventional markets.

The Contract Breakdown

McLaurin’s new deal includes:

  • Base Salary: $375 million over four years, averaging $93.75 million annually.
  • Signing Bonus: $20 million upfront — the largest single signing bonus ever issued to a wide receiver.
  • Incentives and Endorsements: Up to $7.9 million tied to performance, playoff appearances, and media exposure.
  • Full Guarantees: The entire $402.9 million is fully guaranteed, with language protecting McLaurin in the event of injury, franchise restructuring, or changes in leadership.

According to Capology, the deal eclipses the previous record set by Patrick Mahomes, whose 10-year, $450 million deal with the Kansas City Chiefs averaged $45 million per year. McLaurin’s contract nearly doubles that average annual value.

NFL and Public Reactions

The reaction across the sports world has been swift and electric.

NFL Players Association (NFLPA) Executive Director DeMaurice Smith issued a statement praising the move, calling it “a revolutionary moment in player empowerment and a true victory for athletes everywhere.”

“Today, Terry McLaurin has done more than secure his future. He’s shattered the ceiling for what players can earn. We hope this becomes a new precedent, not a one-time anomaly,” Smith said.

Fans of the Washington Commanders were left in disbelief as the news broke. Many took to social media to express their shock and sorrow, having watched McLaurin develop into the heart and soul of the team over the past five seasons.

Meanwhile, Texas football enthusiasts — both at the collegiate and professional level — erupted in celebration. Austin, Texas, is now preparing for a football renaissance, with McLaurin as its shining star.

McLaurin’s Statement

In a press conference held at the University of Texas’ Darrell K Royal-Texas Memorial Stadium — the future home of the Texas Longhorns’ pro team — McLaurin addressed the media for the first time since the announcement.

“I want to thank Washington for everything they’ve done for me. But I also believe in taking bold steps when the opportunity arises. This isn’t just about money — though I’d be lying if I said that wasn’t part of it — it’s about legacy, leadership, and building something truly new and special.”

He added, “I’ve always believed football was bigger than the field. This deal is about pushing the boundaries and setting a new standard.”

What Does This Mean for the NFL?

McLaurin’s deal is sure to send ripple effects throughout the league.

Star players like Justin Jefferson, Ja’Marr Chase, and CeeDee Lamb — all considered among the top-tier wide receivers — now have a new benchmark when entering contract negotiations. The deal also puts pressure on team owners and front offices to reconsider how they structure player deals in a league where top talents can now command NBA- and MLB-style mega contracts.

Moreover, this raises significant questions about salary cap regulations. According to insider reports, the NFL will implement a “Texas Clause” — a temporary exception that allows hybrid franchises to operate outside the traditional cap structure during their first three years of operation. Critics argue this could create a dangerous imbalance in competitive parity, while others see it as a natural evolution of a billion-dollar industry adapting to a new world.

Financial Backing and Business Structure

Sources say the Texas Longhorns’ professional expansion is financed by a multi-billion-dollar consortium of tech billionaires based in Austin, including former executives from Dell, Tesla, and SpaceX. With NFL approval, the team will operate independently from the University of Texas’ NCAA program but will maintain branding synergy to capitalize on the Longhorns’ already massive fanbase.

Insiders suggest the Longhorns are also in talks to bring in other high-profile players — both via free agency and a proposed “NFL Inter-Franchise Draft” aimed at helping new franchises establish competitive rosters quickly.

Closing Thoughts

This isn’t just a football story. It’s a cultural milestone.

Terry McLaurin’s $402.9 million contract has changed the rules — not just of compensation, but of imagination. It challenges what was previously thought possible in the NFL, thrusts the Texas Longhorns into the professional spotlight, and forces everyone — from fans to front offices — to reevaluate how power and value are distributed in the sport.

As the 2025 NFL season approaches, one thing is certain: All eyes will be on Austin, Texas, and all attention will be on the man who dared to make history — Terry McLaurin.

 

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