CINCINNATI -- The Bengals have agreed to terms with wide receiver Tyler Boyd on a four-year extension, the team announced Tuesday.
Sources told ESPN's Adam Schefter the deal is worth $43 million.
Boyd, who was entering the final year of his rookie deal, will now be under contract through the 2023 season.
Selected in the second-round of the 2016 draft, Boyd has become one of the Bengals' most important players on offense, dating back to the end of the 2017 season.
"We think very highly of Tyler and are thrilled to get him in the fold for the next few years," Bengals coach Zac Taylor said in a statement.