Jakobi Meyers was initially a trade deadline rental for the Jacksonville Jaguars. Now it looks like he’s going to be staying around for a while.

Meyers and the Jaguars agreed to a three-year, $60 million contract extension on Thursday, according to NFL Network. The deal reportedly contains $40 million in guaranteed money.

The 29-year-old was originally slated to hit free agency after this season, which he began as a member of the Las Vegas Raiders. He had asked for a trade away from the team during the offseason and finally got one to Jacksonville at the trade deadline.

The Jaguars gave up a fourth- and sixth-round pick for Meyers and got a reliable receiver out of it. Meyers posted his first career 1,000-receiving yard season last year in Vegas and has followed it up with 707 yards this season, 355 of them in six games with the Jaguars. His tenure in Jacksonville has also coincided with a 5-1 run for the team, which leads the AFC South with a 10-4 record.

A $20 million average annual value places Meyers 25th among current wide receiver contracts via OverTheCap, right behind Tampa Bay Buccaneers star Mike Evans.