Lamb is still in his rookie contract which will run till the end of the 2024 season.

It seems not so long ago that there were a lot of doubts about whether CeeDee Lamb really is an elite wide receiver or not. Not only that, there were even talks that the Dallas Cowboys should move on from him at the earliest.

But that seems to be in the distant past. That was before Lamb set the franchise record for both receiving yards and receptions in the Detroit Lions game. In the ongoing 2023 season, he has 1651 receiving yards from 122 receptions (Hall of Famer Michael Irvin previously held both records).

Quarterback Dak Prescott labeled him the best receiver in the league.

I think he (CeeDee Lamb) has emerged as maybe the best receiver in the league at this point.

Prescott said, as per Jon Machota of the Athletic.

The stats don’t lie. And now that Lamb has proven the doubters wrong about himself, he has two goals in his sights. First end the Cowboys’ three-decade-long hunt for a Super Bowl win, and second bag a handsome paycheck. Possibly even being the highest-paid receiver in the league.

Ideally, for sure. I have a goal in mind, and that's to get a ring. At the end of that, then we will start talking about everything else. I am going to focus on this and then get on that.

Lamb said on Friday, as per Dallas Morning News’ Michael Gehlken

CeeDee Lamb’s contract situation

The 24-year-old signed a 4-year $14.01 million rookie contract with the team, with a $7.7 million signing bonus in 2020 as per Spotrac. They already picked up the fifth-year option for Lamb. But after that, he will be a free agent.

CeeDee Lamb (Image via ESPN)
Currently, Tyreek Hill and Davante Adams are the two receivers who earn the most in the league. The Miami Dolphins playmaker signed a four-year, $120 million contract, which allows him to earn $30 million per year. On the other hand, the Las Vegas Raiders gave Adams a five-year, $140 million deal. Lamb would want to at least match their salary, or even better.

It's my time now. I am definitely one of the elite receivers in this game. I worked my tail off to be able to say that so confidently. It's good to be elite, but how long and consistent elite you can be is the next challenge. I am looking forward to it.

Lamb said

He may have broken Irvin’s record, but that’s just a couple of many. To even be counted in the sentence with him, Lamb needs to win not just one but three Lombardi trophies. Nonetheless, the future is bright for him.