Chase is going to break the bank.

The Cincinnati Bengals are entering a major offseason for the future of the franchise. A big part of that is Ja’Marr Chase, who is past due for his first contract extension since being drafted by Cincinnati in 2021.

After failing to get Chase extended prior to the 2024 season, the Bengals will likely have to pay him even more following his Triple Crown season.

So, what could that deal look like?

At the very least, it will top Justin Jefferson’s deal as the current highest-paid wide receiver in the NFL. That was a four-year, $140 million extension he got on the final year of his rookie contract in June of 2024. That deal also included $88.7 million in guaranteed money.

As Chase enters the final year of his deal, Spotrac projects him to land a four-year extension worth $145 million overall and $100 million in guarantees.

That total value may actually be lower than what Chase could receive. Prior to this season, he was reportedly set to barely pass Jefferson to be the highest-paid NFL receiver.

Now, after having one of the best seasons a receiver has ever had, Chase’s next contract may blow right past Jefferson’s deal.

👑👑👑 = Ja’Marr Chase

At 24, the @Bengals wide receiver earns the Triple Crown, the youngest to do so since Hall of Famer Don Hutson at 23 in 1936. His jersey, gloves and cleats are now on display at the Hall of Fame. @Real10jay__ | #RuleTheJungle pic.twitter.com/1VHSEmsp7f

— Pro Football Hall of Fame (@ProFootballHOF) January 24, 2025