Didn't see this posted so my bad if I missed it. Some excerpts below:
Paying Terry McLaurin big money may seem fair, but it’s bad business
There is major risk involved in signing McLaurin, who turns 30 this September, to a long-term contract extension.
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The wide receiver market has gotten out of hand
"In 2024, McLaurin had 82 catches for 1,096 yards and a personal-best 13 touchdowns to earn his second Pro Bowl nod and first all-pro (second team) selection. He ranked fourth among all receivers in expected points added, per TruMedia, generating 61 total EPA — roughly the equivalent of two additional wins for his team.By my estimate, each win is worth about $13.8 million on the open market, putting McLaurin’s 2024 value at $27.1 million. The wide receiver market has blown way past that...."
Wideouts age 30 or older tend to decline
"Especially for wide receivers who play primarily on the outside like McLaurin, reaching age 30 is rarely the beginning of anything. Historical aging curves show that production — measured in this case by fantasy football point output — tends to peak between ages 23 and 27, with sharp declines beginning around 28. Fantasy scoring isn’t perfect, but it’s a decent shorthand for real-world productivity. Based on that curve it’s more probable that McLaurin will regress from last year’s highs than sustain or surpass them in the coming seasons....."
A shorter-term deal would be much more team-friendly
"Washington isn’t boxed in, yet. There are still several ways to navigate the McLaurin dilemma without torpedoing its salary cap or alienating the locker room.
One option is to offer a shorter, incentive-heavy extension that rewards McLaurin for continued production but limits long-term exposure. The team could also let the season play out and reassess in 2025, allowing them to make a more informed decision based on performance, health and Daniels’s development — but that assumes McLaurin agrees to play without a new contract.
Trading McLaurin now or before the trade deadline might be the most pragmatic way to recoup value before a potential departure, but that solution is sure to cause fan outrage at the very least, and locker room discontent at worst.
Most everyone in football can agree that McLaurin has earned every ounce of respect he gets in Washington. But admiration isn’t a contract strategy. Paying the right player at the wrong time, or for too long, is how franchises get stuck......"
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When I first pointed out the team's option for having him play out this last contract year and then franchise him I didn't envision that as a primary plan, just a reasonable Plan B if things went south in the negotiations. I still don't; I think Terry will sign before the season. What I also think is the team and fans owe him adulation and recognition in the team's hall of fame, etc.
What they don't owe him is the going rate for high quality wide receivers over the next three or four years, even if he is not about to go in decline. It's math. He is under contract now and extending him at current high end WR salaries would cost the team more than what it would cost to play this season and franchise him for even 2 seasons beyond. That would also let them see how he played each season before making a decision on the next. I would use that cost basis (listen Terry, we KNOW we can have you for 2 or 3 more seasons for less than what you want now) to put a cap on contract value or at least make any overage incentive based.
I personally don't blame Terry for asking for more, even if some view it as public whining. I would whine for an extra few million for my family if I thought it had a chance of working. Hell I would whine for a few thousand. If he holds out into the season or starts hurting the culture with a bad attitude that's another story.
I also agree with those who are suspicious of his agent. It really does look like his agent is feeding him some BS about what he "deserves" in order to maybe get a better contract on his resume for his (the agent's) own interest rather than Terry's.