Jakobi Meyers is entering the final year of his contract with the Raiders, but he would prefer to stay in Las Vegas beyond 2025.
“I want to be here for sure, but that’s all I can really say on it right now,” said Meyers, via The Athletic’s Tashan Reed. “That’s business between us and the top floor, so I’ma just hold that one down for now.”
Meyers eclipsed 1,000 receiving yards for the first time in his career last season despite inconsistent quarterback play from Gardner Minshew and Aidan O’Connell. His 68.5 yards per game ranked 19th among all players in 2024, but he only reeled in four touchdowns with a 55.8% catch rate right around his career average.
The 28-year-old signed with the Raiders on a three-year, $33M contract ($16M fully guaranteed) in 2023, an impressive haul for a former undrafted free agent. The receiver market has increased since then, though an explosion in top WR salaries may not be as much of a boost to a mid-tier player like Meyers. However, he could play himself into a bigger payday with the addition of Geno Smith, his best quarterback since his 2019 rookie season with now-Raiders minority owner Tom Brady in New England.
The Raiders only have only one non-rookie wideout under contract through 2026: Tre Tucker, who had an encouraging second season in 2024 but may not be ready for a WR1 role. Even if they invest in premium receiving talent via free agency and/or the draft next offseason, Meyers would still be a productive, versatile WR2 who’s already familiar with the offense. His $11M APY adjusted for cap inflation would be $13.66M in 2025, just outside of the top 25 at the position. Another strong effort this year could push Meyers north of $15M, so the Raiders may try to sign him before the season to get a bargain in the long-term.
Meyers’ current contract is set to void five days after Super Bowl, per OverTheCap, but the two sides could push that date back to give them more time for negotiations. He would count for $4.318M in dead money against the Raiders’ 2026 salary cap if he isn’t extended before his contract voids.