The Eagles are continually ahead of the curve when it comes to signing homegrown talent to contract extensions. Philadelphia raised the bar by signing Jalen Hurts to a five-year, $255 million deal with $179 million guaranteed. This move sparked a wave of massive deals for other quarterbacks, including Lamar Jackson, Justin Herbert, Joe Burrow, Jared Goff, and now Trevor Lawrence. The Jacksonville Jaguars made Lawrence one of the highest-paid players in NFL history by agreeing to terms on a five-year contract extension worth $275 million, with $200 million in total guarantees and $142 million fully guaranteed. Lawrence also received a $37.5 million signing bonus. His reported $55 million average annual salary now ties that of Joe Burrow, making them the highest-paid players in the league.
With Lawrence’s deal in place, here are the top 20 average annual salaries for NFL quarterbacks according to Over the Cap:
1. Joe Burrow (Cincinnati Bengals) – $219 million guaranteed
2. Trevor Lawrence (Jacksonville Jaguars) – $200 million guaranteed
3. Jared Goff (Detroit Lions)
4. Justin Herbert (Los Angeles Chargers)
5. Lamar Jackson (Baltimore Ravens)
6. Jalen Hurts (Philadelphia Eagles)
7. Kyler Murray (Arizona Cardinals)
8. Deshaun Watson (Cleveland Browns)
9. Kirk Cousins (Atlanta Falcons)
10. Patrick Mahomes (Kansas City Chiefs)
11. Josh Allen (Buffalo Bills)
12. Dak Prescott (Dallas Cowboys)
13. Matthew Stafford (Los Angeles Rams)
14. Daniel Jones (New York Giants)
15. Aaron Rodgers (New York Jets)
A tie between New Orleans’ Derek Carr and Tampa Bay’s Baker Mayfield would be included, but Rodgers edges out Carr with a higher fully guaranteed amount. Meanwhile, Seattle’s Geno Smith remains in the mix with his $40 million in average annual salary. Additionally, Green Bay’s Jordan Love, Las Vegas’ Gardner Minshew, and others are poised for potential contract extensions in the future.
As quarterbacks continue to cash in on lucrative deals, it’s clear that teams are willing to invest heavily in securing their franchise signal-callers. The Eagles’ proactive approach with Hurts set the tone for what has become a quarterback-rich market in the NFL. With Lawrence’s record-breaking contract, the trend of high-value extensions for young quarterbacks shows no signs of slowing down.
In a league where quarterback play is paramount to success, securing top talent at that position is crucial for long-term competitiveness. As the landscape of NFL contracts evolves, it will be interesting to see how teams navigate the financial challenges of building a championship-caliber roster while paying top dollar for their most important players. The Eagles, with their foresight in signing Hurts to a lucrative extension, are primed to compete at the highest level as they continue to invest in their homegrown talent.