Jalen Hurts Contract With Eagles Might Hamper Joe Burrow’s Deal With Bengals
Jalen Hurts, the quarterback for the Eagles, has broken records by signing a record-breaking contract extension. The agreement, which makes Hurts the highest-paid player in league history in terms of a yearly wage, will undoubtedly have an influence on the forthcoming contracts of Lamar Jackson, Joe Burrow, and Justin Herbert.
With his five-year, $255 million contract agreement, Hurts will earn a record $51 million year, barely over Russell Wilson ($49 million) and Aaron Rodgers ($50.271 million). A no-trade provision and guarantees totaling $179.304 million are also included in the agreement.
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The #Eagles and Jalen Hurts agreed to terms on a 5-year, $255M contract extension that makes him the highest-paid player in NFL history, sources tell me and @TomPelissero.@AgentNicoleLynn did the deal, which includes $179.304M in guarantees and a no-trade clause. pic.twitter.com/UNzVumGgoA
— Ian Rapoport (@RapSheet) April 17, 2023
Jalen Hurts Contract With Eagles Might Hamper Joe Burrow’s Deal With Bengals
Here are the five other quarterbacks who have a total contract value of more than $230 million:
- Jalen Hurts, Eagles (five years, $255 million)
- Josh Allen, Bills (six years, $258 million)
- Russell Wilson, Broncos (five years, $242.588 million)
- Kyler Murray, Cardinals (five years, $230.5 million)
- Deshaun Watson, Browns (five years, $230 million)
Now here’s looking at the top five quarterbacks in practical guaranteed money:
- Deshaun Watson, Browns ($230 million, 100 percent)
- Kyler Murray, Cardinals ($189.5 million, 82.2 percent)
- Jalen Hurts, Eagles ($179.3 million, 70.3 percent)
- Russell Wilson, Broncos ($161 million, 66.4 percent)
- Aaron Rodgers, Packers ($150.815 million, 100 percent)
BREAKING: Eagles, QB Jalen Hurts agree to terms on 5-year, $255M contract extension ($179.3M in guarantees). (via @rapsheet, @tompelissero) pic.twitter.com/1hAW4OTFMW
— NFL (@NFL) April 17, 2023
Hurts, who is only 24 years old, went from being a second-round pick in 2020 to earning $51 million annually. His contract has a no-trade provision and a guaranteed sum of $179.3 million. Burrow, the first choice overall in 2020, is now guaranteed to do better than that.
The details of Burrow’s post-rookie contract have been much in the news. Given that Aaron Rodgers was making an average of $50.271 million per year before Hurts joined, Hurts’ yearly salary of 51 million dollars served as more of a floor than a ceiling for Burrow’s expected average salary for the season.
Now that Jalen Hurts got paid $255 million over 5-years, the next top QB to get paid will surely try to top it.#Ravens Lamar Jackson#Bengals Joe Burrow#Chargers Justin Herbert
Who gets paid first? pic.twitter.com/YW8LnPcCxf
— Dov Kleiman (@NFL_DovKleiman) April 17, 2023
The only remaining uncertainty is Burrow’s potential five-year contract. Given how his cemented status in Cincinnati to parallel to that of Mahomes in Kansas City, it would not surprise anyone if Burrow, 26, locks in for much longer.
The Chiefs have greater financial flexibility thanks to Mahomes’ spread-out contract, which allows them to keep winning big games with him. He led them to a second Super Bowl ring in four seasons, so it immediately paid off. Burrow has been wise to emphasise how vital it is to him to keep the championship window open for however long he plays.
Lamar Jackson, Joe Burrow and Justin Herbert love the extension that Jalen Hurts just got.
Feels like whoever got paid first might be getting the best deal.
— JPAFootball (@jasrifootball) April 17, 2023
Given the current state of the market and what Mahomes received only three years ago, Burrow accepting a contract for anywhere between 8 years and $440 million and 10 years and $550 million makes logical.
A five-year contract of $55 million each season would be worth about $275 million. That would be a near 8 percent bump from Hurts, who got a 10 percent bump from Murray. Shorter term, keeping that in mind, Burrow can justify asking for $56 or $57 million per season.
Jalen Hurts got paid.
Next, it’s Joe Burrow’s turn.
(via @NFL, @Eagles) | #NFL pic.twitter.com/v3CuYGjyCP
— Sunday Night Football on NBC (@SNFonNBC) April 17, 2023
Hurts, Lamar Jackson, and Burrow cannot expect the same completely guaranteed deal that Watson received. But it is acceptable to demand a 75 percent guarantee. Whatever the term of his contract, Burrow should definitely surpass the $200 million amount guaranteed.
The Bengals already have the correct statistics in Burrow; all they need to do is figure out the best years to keep him ahead of Justin Herbert, the Chargers’ other expensive first-round quarterback from the 2020 draught.
Joe Burrow, Justin Herbert, and Lamar Jackson are also going to cash in soon
This deal should look very good for the #Eagles in upcoming seasons pic.twitter.com/sJ1NSbTXDy
— Eagles Nation (@PHLEaglesNation) April 17, 2023
Burrow already had the next “record contract” for the NFL locked up. Hurts’ signing by the Eagles prior to the draught merely speeds up the extension towards better financial terms.
We now know that the next Joe Burrow contract will most likely have an average annual value (AAV) of somewhat more than $51 million each season in order to stay up with the current benchmark in quarterback contract extensions.
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