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McPherson agreed to terms Friday on a three-year, $16.5 million extension with the Bengals, Mike Garafolo of NFL Network reports.

McPherson's new deal reportedly includes $10 million in its first year. The 2021 fifth-round pick converted 26 of 31 field goals across 17 regular-season games last year and was a perfect 40-for-40 on PATs. All five of McPherson's missed field-goal tries in 2023 came from 50-plus yards out. It's no surprise to see Cincinnati ink one of the league's best kickers to a long-term deal, and with Joe Burrow back under center to lead the Bengals' offense, McPherson's fantasy prospects look improved for 2024.

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