Minnesota Vikings WR Justin Jefferson Matt Krohn-USA TODAY Sports

Justin Jefferson is hoping to work out a new contract with the Minnesota Vikings and any deal he does sign is likely to shatter records.

Jefferson and the Vikings are still working on a contract, with the deal likely to reset the market for wide receivers if and when it is agreed to. According to Dan Graziano of ESPN, Jefferson’s deal will be worth $30 million annually at minimum, with the only question being how far above that number the Vikings go.

Tyreek Hill currently holds the record for the highest wide receiver contract in terms of average annual value. He makes $30 million per year with the Miami Dolphins and Jefferson appears poised to blow well past that number. Expect other teams to take note of these negotiations, as plenty of top receivers might lobby for a contract adjustment after seeing what Jefferson gets.

Reports had indicated that the Vikings and Jefferson might run into one key issue in negotiations, but it’s hard to imagine the team not going to whatever lengths are necessary to keep Jefferson in the fold. For his part, Jefferson wants to see the team clear one thing up before committing.

Jefferson has been historically great for Minnesota during his first four NFL seasons, tallying 5,899 receiving yards and 30 touchdowns in 60 contests to start his career.

More must-reads:

TODAY'S BEST
Rams GM shares details about Stetson Bennett’s absence
Perpetual Bulls trade candidate once more hitting the rumor mill
MLB announces host venues for 2026 World Baseball Classic
Knicks marquee trade acquisition could bolt in free agency
Pistons make decision on new president of basketball operations
ESPN and long-time NFL reporter are parting ways
If Lions HC Dan Campbell's assessment of WR is accurate it could mean trouble for opponents
NBA closes investigation into embattled Thunder guard
NFL reporter predicts Cowboys' plan for QB Dak Prescott
Cavaliers make decision on head coach J.B. Bickerstaff’s future
Two young stars get hefty bonuses for making All-NBA teams
Mavericks star duo joins exclusive club with Game 1 win
Mavericks ride 'Luka Magic' on both ends late to win Game 1
Panthers shut out Rangers 3-0 in Eastern Conference Final opener
NBA announces 2023-24 All-NBA teams
Star Padres infielder to miss significant time with shoulder injury
LeBron James, Charles Barkley passionately defend Caitlin Clark from 'petty' haters
Roger Goodell discusses factors for possible 18-game NFL season
Cowboys QB Dak Prescott has intriguing comment on his contract situation
Celtics toying around with surprise Jayson Tatum move in conference finals