Extension Candidate: Mike Evans

Despite missing three full games due to injury in 2024, Buccaneers wideout Mike Evans completed his mission of topping 1,000 receiving yards in each of his first 11 seasons in the NFL. The six-time Pro Bowler and franchise icon is entering the final year of the two-year, $41MM contract he signed in March 2024, and he therefore profiles as an obvious extension candidate.

However, prior to putting pen to paper on his current pact, Evans appeared to be on track to hit the open market, and he considered the Chiefs and Texans to be viable destinations if he had become a free agent and left Tampa. So, while it is difficult to imagine Evans in anything other than a Bucs uniform, he has at least entertained the notion in recent history.

That reality, combined with his age (he will turn 32 next month) and the Bucs’ heavy investment in the WR position could lead Evans elsewhere in 2026. Indeed, Tampa Bay re-upped Chris Godwin on a three-year, $66MM deal before free agency opened this year, and the club surprised many by adding Ohio State standout Emeka Egbuka in the first round (No. 19 overall) of this year’s draft. Jalen McMillan was selected in the third round of the 2024 draft, and he flashed as a rookie, securing 37 catches for 461 yards and eight scores.

On the other hand, newly-extended GM Jason Licht has made a habit of retaining his own talent. And, with the Bucs firmly in the midst of a competitive window, there is certainly an argument to be made for retaining Evans, who has continued to be productive into his early 30s. 

That is especially true in light of the fact that Godwin has operated primarily in the slot since becoming a full-time starter in 2019 (outside of Dave Canales’ one-and-done season as offensive coordinator in 2023). Egbuka likewise spent most of his college career working out of the slot, so even with multiple high-end contracts and premium draft picks populating the wide receiver depth chart, Evans’ skill set as a dangerous boundary target is hardly redundant.

Plus, the use of void years in Evans’ current deal will force the Bucs to eat over $13MM in dead money if he is not on the roster next year. When talking about possible Olympic participation in 2028, Evans said he would likely be retired by that point, which suggests he plans to keep playing for at least the 2026-27 campaigns. As such, a two-year add-on would make plenty of sense for both sides, and as the Bucs presently sit in the top half of the league in terms of cap space ($26.53MM), they seemingly have the flexibility to make it work (although quarterback Baker Mayfield may be eyeing a new contract and substantial raise next year). 

Regardless of where his next contract comes from, Evans stands to add considerably to his ~$134MM in career earnings, which positions him in the top-15 among active non-quarterbacks. He also has an excellent chance to bolster his Hall of Fame candidacy over the next several years.

Although he is currently in 24th place on the all-time receiving yards list (12,684), Evans can quickly catapult up that index of luminaries if he can sustain what has become ordinary output for him. By the time the 2027 season is in the books, it would not be surprising to see him in the top-five in terms of receiving yards (Isaac Bruce presently sits at No. 5 with 15,208) and receiving touchdowns (Marvin Harrison Sr. and his 128 TDs are in fifth place in that regard, while Evans leads the way among all active players with 105 receiving TDs).

In addition to his tremendous 17-game average triple-slash of 85/1,284/11, Evans has never played in fewer than 13 games in a season. There have been no reports of extension talks yet, but one would imagine that Licht & Co. are at least giving it some thought.