SEATTLE (AP) — The Seattle Seahawks and wide receiver Jaxon Smith-Njigba have agreed to a four-year, $168.8 million contract extension, with $120 million guaranteed, a person with knowledge of the deal told The Associated Press on Monday.

The person spoke to the AP on condition of anonymity because the contract, which would make Smith-Njigba the highest-paid wide receiver in the NFL, hasn’t been finalized.

The 24-year-old set the team record for yards receiving (1,793) and receptions (119) in a single season enroute to winning AP NFL Offensive Player of the Year award last season.

Seattle Seahawks' Jaxon Smith-Njigba cheers the crowd during the SB Champion Parade
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He will be under contract with Seattle through the 2031 season. The Seahawks exercised the fifth-year option on Smith-Njigba's rookie contract last week.

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Smith-Njigba's new deal surpasses that of Cincinnati Bengals wide receiver Ja'Marr Chase, who signed a $161 million extension with $112 million guaranteed last March.

Smith-Njigba had nine 100-yard receiving games during the regular season and was a key to Seattle winning its second Super Bowl in franchise history. In the Seahawks’ 31-27 win over the Los Angeles Rams in the NFC championship game, Smith-Njigba had 10 catches for 153 yards receiving and a touchdown.

Overall, he has 282 receptions for 3,551 yards and 20 touchdowns in his career.

Seattle Seahawks' Jaxon Smith-Njigba raises the Lombardi Trophy
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