Bengals, WR Ja’Marr Chase Unlikely To Discuss Extension During Season

Last week, it was reported that the Bengals and wide receiver Ja’Marr Chase, who have been negotiating a contract extension for months, would not reach an agreement prior to the club’s regular season opener. At the time, it was still a bit unclear whether the parties could continue their talks during the season.

That now appears unlikely. According to ESPN’s Adam Schefter, the negotiations will “probably” be tabled for the remainder of the 2024 campaign, unless the team – which is historically disinclined to hold in-season contract talks – does something to rekindle them.

Chase is apparently unwilling to restart discussions himself, with Schefter noting that the star wideout feels misled by the club. Cincinnati reportedly told Chase during his exit meeting following the 2023 season and then again at the scouting combine that a deal would get done, and the fact that he is still playing on his rookie deal while fellow 2021 draftmates Amon-Ra St. Brown, Jaylen Waddle, and DeVonta Smith have landed their second NFL contracts has left a sour taste in his mouth.

Of course, Chase is looking to top all three of those players and land a deal in Justin Jefferson territory ($35MM AAV, $88.7MM in full guarantees). Chase said shortly before the Bengals’ Week 1 matchup with the Patriots that an extension was “in reach,” but as we have noted previously, the structure and cash flow of the Bengals’ proposal was not acceptable to the No. 5 overall pick of the 2021 draft (Cincinnati generally prefers to make a signing bonus the only post-Year 1 guarantee, although quarterback Joe Burrow became an exception to that rule and, since Chase is a generational talent, the team likely will need to deviate from its traditional stance for him as well).

Chase’s decision to break off talks and play out the season without a new deal in place obviously brings the possibility of a career-altering injury undermining his earning power into play. In order to safeguard against that, Chase has taken out a $50MM insurance policy on himself, which has given him all the peace of mind he needs. As one source succinctly said of Chase: “he’s good.”

While negotiations seemed to get close to the finish line by the time the season opener rolled around, the fact that Chase reported to training camp on time made discussions seem a little more advanced than they really were. Chase was always going to report on the third day of camp in order to collect his $3.81MM training camp roster bonus, but due to “a miscommunication and a misunderstanding,” he arrived on the first day. He also initially threatened to miss the first two games of the regular season before deciding that he would play regardless of contract status.

Even with Chase in the fold, the Bengals suffered an upset loss to New England in Week 1 and will have their work cut out for them as they take on the Chiefs today.

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