The Las Vegas Raiders and their new quarterback, Geno Smith, have agreed to a two-year, $75 million contract extension, multiple media outlets reported on Thursday afternoon.
The new deal could be worth $85.5 million with incentives and includes $66.5 million guaranteed, per the reports.
Smith, 34, will be under contract through the 2027 season. He had the 2025 season and $31 million remaining on the $75 million pact he signed while with the Seattle Seahawks in 2023.
The Seahawks traded Smith to Las Vegas last month for a 2025 third-round draft pick after being unable to come to terms on an extension.
A full-time starter in Seattle the past three seasons with two Pro Bowl nods, Smith was reunited with former Seahawks coach Pete Carroll, whom the Raiders hired this offseason. Carroll, 73, was out of coaching last year after mutually agreeing with the Seahawks to step down as head coach. He stayed on as an adviser.
Smith was Carroll’s starting quarterback his final two seasons, piloting the Seahawks to matching 9-8 records after taking over for Russell Wilson, who was traded away before the 2022 season.
That year, his first as a full-time starter in Seattle, was Smith’s most successful, as he threw for 4,282 yards and a career-high 30 touchdowns against 11 interceptions, leading the Seahawks to the playoffs. He also completed a NFL-leading 69.8 percent of his passes and was named NFL Comeback Player of the Year.
The follow-up year netted fewer passing yards (3,624) and touchdowns (20) as Smith missed two games to a groin injury. Last year, under new coach Mike Macdonald, Smith rebounded to throw for 4,320 yards and 21 touchdowns (albeit with 15 interceptions) while leading Seattle to a 10-7 record.
Smith was drafted by the New York Jets in the second round in 2013 after a highly productive college career at West Virginia. He started 29 games over his first two seasons before being relegated to the bench, bouncing to the New York Giants and Los Angeles Chargers before landing in Seattle in 2019.
