New Orleans Saints quarterback Taysom Hill Steve Roberts-USA TODAY Sports

Saints' Taysom Hill signs unique four-year extension

The New Orleans Saints restructured the contract for Swiss Army knife Taysom Hill back in March. Now they seemingly are taking steps to keep the 31-year-old locked down for the foreseeable future. 

ESPN's Adam Schefter reported Monday that Hill put pen to paper on a unique four-year contract extension that includes $22.5 million guaranteed and could be worth in the ballpark of between $40 million and $95 million. How much Hill ultimately earns will depend on where he spends the majority of his time as an offensive weapon for the Saints. 

According to Schefter, Hill's base salary is set at $40 million, but the veteran can earn an additional $55 million if he becomes New Orleans' starting quarterback while on his contract. Hill competed with Jameis Winston for the starting gig over the summer but ultimately lost the job to Winston, who went down to a season-ending torn ACL and damage to his MCL during a win over the Tampa Bay Buccaneers on Halloween. 

Hill, meanwhile, missed time this fall with a concussion and, more recently, a foot injury. Thus far this season, he's rushed for 104 yards and three touchdowns on 20 carries, caught four passes for 52 yards, and completed seven of eight passes for 56 yards and an interception. 

The Saints, meanwhile, have lost three straight to fall to 5-5 overall with backup signal-caller Trevor Siemian leading the offense. They host the 6-4 Buffalo Bills on Thanksgiving night. 

More must-reads:

TODAY'S BEST
Frank Gore reacts to son signing with Bills
Pair of Bucks stars to miss Game 4 vs. Pacers
Sam Hartman's contract proves the Commanders see something in him
Jayson Tatum names team's 'most important guy'
10 notable steals from the 2024 NFL Draft
Mind-blowing stat sums up Nuggets-Lakers series
Chargers WR Ladd McConkey ready to show Justin Herbert what he can do
Lakers end 11-game skid vs. Nuggets, force Game 5
Jerry Rice's son drafted by AFC West team in seventh round
Braves two-time All-Star addresses future with team
Bucks' playoff hopes take another blow with devastating Damian Lillard update
Nationals two-time All-Star lands on IL amid struggles
'Freakin dream come true': Jets draft FSU's record-breaking QB
Suns could be forced to trade Kevin Durant this offseason
Saints end historic NFL Draft drought by selecting potential 'heir apparent' to Derek Carr
Watch: NHL analyst slams Leafs forward Mitch Marner for lack of effort
Watch: Brad Marchand breaks Bruins career playoff goals record
49ers sign legacy WR, son of Hall of Famer
Jaguars make decisions on fifth-year options for Trevor Lawrence, Travis Etienne
Hank Aaron's great nephew drafted by Los Angeles Chargers

Want more sports news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.