NFL Trade rumors: Steelers preparing $200M contract offer for TJ Watt amid trade buzz

The Pittsburgh Steelers are making waves this offseason, but not just with bold acquisitions. Amid reports of a “win-now” roster strategy, rumors suggest the team is preparing a record-breaking $200 million contract extension for star linebacker TJ Watt—despite ongoing trade speculation surrounding the All-Pro pass rusher.

Steelers face crucial decision on TJ Watt’s future

TJ Watt has long been the cornerstone of the Steelers’ defense. As a seven-time Pro Bowler and former Defensive Player of the Year, his impact on the field is undeniable. But as Pittsburgh builds a veteran-heavy roster including additions like Aaron Rodgers, DK Metcalf, and Jalen Ramsey, rumors of a potential Watt trade have emerged, creating tension around the team’s long-term direction.NFL Network’s Tom Pelissero recently criticized the trade speculation, calling it “unethical” and illogical.

His point is if Pittsburgh is serious about contending for a Super Bowl in 2025, trading away its most dominant defensive player makes little sense. “A 2026 draft pick doesn’t help you,” Pelissero noted, emphasizing that Watt is too valuable to part with if the Steelers want to capitalize on this short window of opportunity.

Insiders now believe Pittsburgh is more likely to extend Watt than move him. Reports suggest the Steelers are working on a five-year extension worth over $200 million, an average annual value north of $40 million.

That would make Watt the highest-paid defensive player in NFL history, surpassing recent deals signed by Myles Garrett ($160M) and Maxx Crosby ($106.5M).Steelers insider Gerry Dulac also confirmed Watt is seeking a five-year deal, not a shorter term, due to cap flexibility and structure. A contract of this size would signal Pittsburgh’s full commitment to a Super Bowl run while locking in one of the league’s most elite edge rushers through the remainder of his prime.Also Read: Jessie Bates ranked No. 92 in NFL Top 100 despite dominant season; Falcons believe he deserves moreThe Steelers now face a defining choice: commit long-term to their defensive leader or risk destabilizing the roster with an ill-timed trade. Based on insider reports, the franchise is leaning toward the former and a $200 million deal could be signed before Week 1 of the 2025 NFL season.