Mandatory Credit: Tommy Gilligan-USA TODAY Sports

The Baltimore Ravens have come to terms on a contract deal with wide receiver Nelson Agholor, the team announced on Sunday. 

The Ravens and Agholor reached an agreement on a one-year extension.

Agholor signed off on a one-year, $3.25 million deal with the Ravens last March. His contract with Baltimore was set to void on Monday, which would have then seen $1.668 million in dead money count for 2024. With the two sides now agreeing to a new contract, the veteran wideout will stay on with Baltimore for at least one more season.

Agholor is coming off of a productive season in his first year with the Ravens. He featured in 582 snaps on offense, which ranked third among all wide receivers on the team. Overall, he tallied 35 receptions for 381 receiving yards and four touchdowns over 17 regular season contests played.

Agholor emerged as a go-to option for the Ravens in the red zone throughout the year. He was targeted a total of seven times in this area of the field, and he hauled in six passes for 43 receiving yards and three touchdowns.

The Ravens now have a total of four wideouts under contract for the 2024 campaign. It remains to be seen whether Ravens general manager Eric DeCosta will next look to re-sign the likes of Odell Beckham Jr. and Devin Deuvernay.

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