The Las Vegas Raiders have officially wrapped up business with their franchise quarterback of the future.

The team announced Thursday that they've signed No. 1 overall pick Fernando Mendoza to his rookie contract, a four-year deal worth $57.27 million that's fully guaranteed, with a fifth-year option built in.

The signing comes right as rookies report to training camp, meaning Mendoza avoided any holdout drama and can now focus fully on football.

He was actually the last of the Raiders' 10 draft picks to get his deal done, so this closes the book on the team's entire 2026 draft class.

Here's what you need to know about the deal and what's next for the young quarterback.Fernando Mendoza Raiders deal: contract length, guaranteed money, and starting QB news DetailInfoTeamLas Vegas RaidersContract length4 yearsTotal value$57.27 millionSigning bonus$38.1 millionGuaranteeFully guaranteedExtra clause5th-year team optionSignedThursday, July 23, 2026Why the deal took a little longer to get doneWhile the overall numbers on Mendoza's contract were never really in question (rookie deals are slotted based on draft position), the holdup was reportedly about how his signing bonus would be paid out.