Michael Thomas just set the wide receiver market.

The New Orleans Saints on Wednesday agreed to a whopping five-year, $100 million contract extension with their star receiver, according to multiple reports. The deal includes $61 million in new guaranteed money.

The deal makes Thomas the first non-quarterback offensive player to sign a $100 million contract, and effectively makes him the highest paid wide receiver in NFL history.

Thomas, 26, has quickly established himself as one of the most dangerous weapons in the league. In his first three seasons, he has recorded 321 catches, 3,787 yards and 23 touchdowns. In 2018, he amassed a league-leading 125 receptions and added 1,405 receiving yards and nine touchdowns, helping bring the Saints to the NFC Championship Game. Thomas, who was drafted in the second round out of the 2016 draft of Ohio State, has a 79.5 percent catch rate throughout his career – the league’s highest mark since he entered the league, per Pro Football Focus.

Thomas’ deal should get the wide receiver extension market moving as other star receivers await new deals before the start of the season. The Cowboys’ Amari Cooper is reportedly looking for a new contract, although that might be complicated by Ezekiel Elliott’s ongoing holdout and Dak Prescott’s looming free agency. Atlanta Falcons wideout Julio Jones has made no secret about wanting a new deal, although he didn’t think his situation would be affected by Thomas.

“Nah, we not in the same boat. They got their own thing going on, I’ve got my thing going on,” Jones told reporters Tuesday. “I’m not waiting on Michael Thomas, I’m not waiting on Amari Cooper. It’s just us going back and forth right now negotiating, and that’s it. There’s nothing at this point for me to tell.”

With Thomas locked up, the Saints can now turn their attention to other areas of concern. The team will have to make a decision about 40-year-old Drew Brees, who will be a free agent after this season. Alvin Kamara, who racked up 1,592 total yards and 18 touchdowns in 2018, will be a free agent after the 2020 season.