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Jets Agree to New Geno Smith Contract with $1M Raise in Raiders Trade
The 35-year-old QB will make $19.5 million in 2026 as part of the deal to join the Jets.
Mar. 13, 2026 at 2:18pm
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The New York Jets have acquired veteran quarterback Geno Smith in a trade with the Las Vegas Raiders, and as part of the deal, Smith will receive a $1 million raise on his contract. Smith, a former second-round pick of the Jets in 2013, will now make $19.5 million in 2026 with his new team.
Why it matters
The Jets are looking to bolster their offense this offseason, and bringing back Smith, who has revived his career in recent years, provides them with an experienced starting quarterback option. The pay raise is a sign of the Jets' commitment to Smith and their belief that he can be a productive starter for them in 2026.
The details
As part of the trade, the Raiders will pay Smith's $16.2 million signing bonus, while the Jets will cover his $3.3 million base salary. This results in a total compensation of $19.5 million for Smith, which is $1 million more than the guarantee he had remaining on his previous contract with the Raiders.
- The Jets acquired Geno Smith in a trade with the Raiders on March 13, 2026.
The players
Geno Smith
A 35-year-old quarterback who was previously drafted by the Jets in the second round in 2013. He has revived his career in recent years, making two Pro Bowls and winning Comeback Player of the Year.
New York Jets
An NFL team based in New York that is looking to bolster their offense this offseason through trades and free agency.
Las Vegas Raiders
An NFL team that traded Geno Smith to the Jets as part of this deal.
What they’re saying
“Final financials on the Geno Smith trade: Raiders pay $16.2 million bonus. Jets pay $3.3 million base salary. Smith makes $19.5 million -- $1M more than the guarantee he had remaining on his old deal.”
— Tom Pelissero, NFL Network Reporter
What’s next
The Jets will look to integrate Geno Smith into their offense and see if he can be a productive starting quarterback for them in the 2026 season.
The takeaway
This trade represents a win-win for both the Jets and Geno Smith, as the Jets get an experienced QB option while Smith receives a modest pay raise as part of the deal to join his former team.
