Report: Taysom Hill signs new 4-year contract with Saints

There is not another player in the NFL quite like Taysom Hill. For a unique talent comes a unique contract.

The New Orleans Saints signed Hill to a four-year contract extension worth between $40 and $95 million depending now what positions he plays, according to Adam Schefter.

New Orleans’ QB Taysom Hill signed a unique four-year, hybrid-type of contract extension that could be worth anywhere between $40 million and $95 million, depending on the position he plays, and includes $22.5 million guaranteed, sources tell ESPN.

— Adam Schefter (@AdamSchefter) November 22, 2021

Saints insider Nick Underhill reports the deal will lower Hill’s future salary cap figure:

Taysom Hill is currently slated to count as $8.9 million against the cap next year after his current deal expires. Have to imagine this new deal will lower that number number.

— Nick Underhill (@nick_underhill) November 22, 2021

Schefter described HIll’s deal as a unique hybrid. The $40 million is based on his current role while the $95 million is based on him taking over as the Saints starting quarterback. The BYU product will receive $22.5 million guaranteed.

The 31-year old lost a competition for the starting quarterback job this past preseason with Jameis Winston but Hill also plays other roles on offense as a runner, receiver and blocker, while also seeing time on special teams units during his New Orleans tenure.