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Lions superstar Jahmyr Gibbs finalized his record-setting, three-year, $67.5 million contract extension on Thursday.
Gibbs was all smiles on Friday as he addressed the media for the first time since signing his extension that makes him the NFL's highest-paid running back of all time.
Full contract details of Gibbs' extension have now emerged. Per Spotrac, $37.7 million is guaranteed for Gibbs at signing. That figure includes Gibbs' $15 million signing bonus, his 2026 salary, his 2027 salary and $8.25 million of his 2028 salary.
An additional $2.25 million of 2028 salary fully guarantees in March of 2027, $8 million of 2029 salary fully guarantees in March of 2028 and $3.5 million of 2029 salary fully guarantees in March of 2029. Gibbs will also receive a $1 million roster bonus in March of 2030.
Here's a look at Gibbs' contract breakdown after the extension:
Looking at Gibbs' extension, the big salary cap hits don't come in until the 2029 ($27.5 million) and 2030 ($27.5 million) seasons. It also provides the Lions lower dead cap hits of $6 million in 2029 and $3 million in 2030 should Gibbs suffer an injury or if production dips.
Gibbs' contract comes with $8.25 million in potential escalators.
Between 2026 through 2028, Gibbs earns an additional $562,500 each season in which he registers 800 or more receiving yards. Gibbs will earn an additional $562,500 in each of those seasons if he registers 800 or more receiving yards and the Lions reach the divisional round. A league MVP award during 2026-28 would earn Gibbs a one-time $750,000 bonus.
Similarly, a second set of escalators kicks in for 2030 based upon Gibbs' 2026-2029 performance. Gibbs earns $421,875 each season in which he records 800 or more receiving yards. Gibbs would earn an additional $421,875 each season in which he records 800 or more receiving yards and the Lions reach the divisional round. Like the first set of escalators, Gibbs would earn a one-time $750,000 bonus if he wins league MVP.
For more Lions coverage, follow us on X, @TheLionsWire, and give our Facebook page a like. Follow Josh on X, @JoshOnLions
This article originally appeared on Lions Wire: Jahmyr Gibbs' full Lions contract extension details revealed
Continue reading...
Gibbs was all smiles on Friday as he addressed the media for the first time since signing his extension that makes him the NFL's highest-paid running back of all time.
Full contract details of Gibbs' extension have now emerged. Per Spotrac, $37.7 million is guaranteed for Gibbs at signing. That figure includes Gibbs' $15 million signing bonus, his 2026 salary, his 2027 salary and $8.25 million of his 2028 salary.
An additional $2.25 million of 2028 salary fully guarantees in March of 2027, $8 million of 2029 salary fully guarantees in March of 2028 and $3.5 million of 2029 salary fully guarantees in March of 2029. Gibbs will also receive a $1 million roster bonus in March of 2030.
Here's a look at Gibbs' contract breakdown after the extension:
Jahmyr Gibbs' contract breakdown
| Year | Age | Base Salary | Signing proration | Roster bonus | Option proration | Workout bonus | Cap hit | Dead cap |
| 2026 | 24 | $1.145 million | $5.494 million | $2.038 million | $8.677 million | $40.2 million | ||
| 2027 | 25 | $1.26 million | $3 million | $2.006 million | $6.266 million | $31.5 million | ||
| 2028 | 26 | $10.25 million | $3 million | $2.006 million | $250,000 | $15.5 million | $17.25 million | |
| 2029 | 27 | $22.25 million | $3 million | $2.006 million | $250,000 | $27.5 million | $6 million | |
| 2030 | 28 | $21.25 million | $3 million | $1 million | $2.006 million | $250,000 | $27.5 million | $3 million |
| 2031 (VOID) | 29 | $2.006 million | $2.006 million |
Looking at Gibbs' extension, the big salary cap hits don't come in until the 2029 ($27.5 million) and 2030 ($27.5 million) seasons. It also provides the Lions lower dead cap hits of $6 million in 2029 and $3 million in 2030 should Gibbs suffer an injury or if production dips.
Jahmyr Gibbs' contract escalators
Gibbs' contract comes with $8.25 million in potential escalators.
Between 2026 through 2028, Gibbs earns an additional $562,500 each season in which he registers 800 or more receiving yards. Gibbs will earn an additional $562,500 in each of those seasons if he registers 800 or more receiving yards and the Lions reach the divisional round. A league MVP award during 2026-28 would earn Gibbs a one-time $750,000 bonus.
Similarly, a second set of escalators kicks in for 2030 based upon Gibbs' 2026-2029 performance. Gibbs earns $421,875 each season in which he records 800 or more receiving yards. Gibbs would earn an additional $421,875 each season in which he records 800 or more receiving yards and the Lions reach the divisional round. Like the first set of escalators, Gibbs would earn a one-time $750,000 bonus if he wins league MVP.
For more Lions coverage, follow us on X, @TheLionsWire, and give our Facebook page a like. Follow Josh on X, @JoshOnLions
This article originally appeared on Lions Wire: Jahmyr Gibbs' full Lions contract extension details revealed
Continue reading...
