The Las Vegas Raiders have secured two-time All-Pro punter AJ Cole with a lucrative four-year, $15.8 million contract extension, solidifying his position as the highest-paid punter in the NFL. With $11 million guaranteed, this deal extends Cole's tenure with the team for another five seasons, following a remarkable performance in 2023 where he averaged 50.8 yards per punt, earning his second first-team All-Pro selection.

Cole, 29, originally signed a four-year, $12 million deal in 2021 and has consistently ranked among the top punters, finishing in the top five for yards per punt over the past four seasons, including a league-leading average of 50 yards per attempt in 2021. His skills in placing 27 of his punts inside the 20-yard line during the last season highlight his pivotal role in the Raiders' special teams.