On November 8, 2024, Ja'Marr Chase of the Cincinnati Bengals delivered an outstanding performance against the Baltimore Ravens, recording 11 receptions for 264 yards and three touchdowns.

Chase's impressive showing adds to his strong season, where he has accumulated 55 catches for 717 yards and seven touchdowns, significantly boosting his market value.

As he looks to negotiate a new contract, Chase is expected to seek a deal in the range of $34 million to $35 million per year, aligning with the top contracts of wide receivers like CeeDee Lamb and Justin Jefferson.

Despite his success on the field, Chase and the Bengals could not finalize a long-term contract extension before the start of the regular season.

Reports suggest that the Bengals and Chase were close to a deal prior to Week 1, but the proposed contract did not meet Chase's expectations to reset the wide receiver market.

Currently, Chase remains on his rookie contract, which he signed as the No. 5 overall pick in the 2021 NFL Draft, lasting until 2025, leaving room for future negotiations.

Chase's contract situation has been complicated, as he held out during training camp, attending team facilities but not participating in practices while awaiting a potential extension.

With teammate Tee Higgins set to become a free agent in 2025, the Bengals may prioritize securing a long-term deal for Chase to avoid losing multiple top receivers.

Following his remarkable game, Chase's agent, Caitlin Aoki, publicly praised him, noting that his performance has made her job easier.