Jaguars sign receiver Jakobi Meyers to contract extension, reports

JACKSONVILLE, Fla. – The Jaguars are keeping receiver Jakobi Meyers, agreeing to a three-year contract extension with him on Thursday night, according to multiple media reports.

According to the NFL Network, the extension is worth $60 million with $40 million of that guaranteed.

Jacksonville made a deal with Las Vegas at the trade deadline for Meyers. Since his arrival, he’s had 27 catches for 355 yards and three touchdowns, and the Jaguars have gone 5-1.

Keeping Meyers off the open market is key for the Jaguars and general manager James Gladstone. Had Meyers reached free agency, he would have been one of the most sought-after players on the market.