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Bucs’ $66 Million Free Agent Bust Called NFL’s ‘Most Overpaid Player’

There is an interesting case of sliding doors when it comes to Tampa Bay Buccaneers wide receiver Chris Godwin.

Following the 2024 season — a year in which Godwin suffered a catastrophic leg injury in Week 7 — there was a bidding war over his services in free agency.

The New England Patriots, on a spending spree for the ages, reportedly offered Godwin a contract worth upwards of $90 million, and he turned it down to stay with the Buccaneers on a 3-year, $66 million contract.

The Patriots, forced to pivot, signed wide receiver Stefon Diggs on a 3-year, $65 million contract. He delivered a 1,000-yard receiving season, and the Patriots made it to the Super Bowl.

Godwin looked like a shell of himself. He missed 8 games as he continued to recover from his injury and posted career lows of 33 receptions, 360 yards, and 3 touchdowns.

It’s why Bleacher Report’s Brad Gagnon put Godwin at the top of his list of the NFL’s “Most Overpaid Players” after the 2026 free agency cycle.

“Right now, that three-year, $66 million extension from the 2025 offseason is looking silly, as Godwin might be the most overpaid player in the NFL considering his $33.7 million cap hit for 2026,” Gagnon wrote. “That ranks first among all wide receivers, which is a shame because the 30-year-old has failed to play in double-digit games in back-to-back seasons, and his productivity when healthy plummeted in 2025.”

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