“Baker’s comeback has been one of the more enjoyable storylines of the past few seasons, culminating with a playoff win this past season with the Bucs. Tampa Bay is trying to keep Baker off of the open market at the final hour,” Spotrac managing editor Michael Ginnitti writes. “We’ve projected a contract that essentially plays like a cap-adjusted version of Geno Smith’s deal in Seattle, while using a double bonus structure to keep cap hits insanely low over the next two seasons.”

To date, Mayfield has totaled more than $55 million in career earnings through his first six NFL seasons with the Browns, Panthers, Rams and Bucs. However, Mayfield and his wife, Emily, filed a petition in September 2023 against his family’s investment firms to determine what happened to an unaccounted for $12 million the couple invested with those companies.

Mayfield is currently the third-best free agent quarterback and 31st-ranked player available this offseason, just behind former Browns quarterback Jacoby Brissett, who is No. 2 among QBs and No. 30 overall, according to NFL.com’s Gregg Rosenthal.