Jake Bailey Becomes Second Highest Paid Punter With New Contract Extension

NFL: New England Patriots at Buffalo Bills
Rich Barnes-USA TODAY Sports

On Monday, ESPN’s Adam Schefter reported via tweet that the New England Patriots have reached an agreement with punter Jake Bailey on a contract extension. The Patriots are giving Bailey a four-year, $13.5 million contract that includes a $6.5 million guaranteed. Bailey is now under contract through the 2025 season.

Bailey now joins Commanders’ Tress Way & Seahawk’s Michael Dickson as one of the top three highest-paid punters in the National Football League. Dickson signed his 4-year extension with the Seahawks in 2021, earning $14.5 million in new money with $10.6 million earned over the first two years of his deal. Way signed his multi-year contract extension in 2019 and according to OverTheCap, the deal locks Way in through the 2026 season with $13.25 million in total value, $3.31 million per year and $6.4 million guaranteed. Bailey’s extension with the Patriots puts him just over Way as the 2nd highest paid punter in the league.