The Philadelphia Eagles are not letting go of their promising wide receiver DeVonta Smith. The team announced Monday that they've exercised the fifth-year option on Smith's rookie contract, and signed him to a three-year contract extension to keep him wearing that midnight green uniform long term.

According to NFL Network's Ian Rapoport, the extension is worth $75 million with a whopping $51 million guaranteed.

Smith, 25, was drafted 10th overall by the Eagles in 2021. In 2023 he had 80 receptions for 1,066 yards and seven touchdowns.

This story will be updated.