USATSI
Lamar Jackson was the highest-paid player in the NFL — for three months. Jackson has been dethroned as the league’s highest-paid player in terms of average annual value, as the Los Angeles Chargers and Justin Herbert agreed to an extension reportedly worth $262.5 million over five years — an average annual salary of $52.5 million a year.
With Herbert agreeing to his massive extension, all eyes are on Joe Burrow, as the No. 1 overall pick in the 2020 NFL Draft is set to receive a mammoth contract in the near future. Here’s a look at the top contracts in the NFL and where Herbert stacks up.
Top contracts in total value
Top contracts in average annual value
Player
Average Annual Value
Total Years
Year Signed
Justin Herbert
$52.5 million
5
2023
Lamar Jackson
$52 million
5
2023
Jalen Hurts
$51 million
5
2023
Aaron Rodgers
$50.2 million
4
2022
Russell Wilson
$48.5 million
5
2022
Kyler Murray
$46.1 million
5
2022
Deshaun Watson
$46 million
5
2022
Patrick Mahomes
$45 million
10
2020
Josh Allen
$43,005,667
6
2021
Daniel Jones
$40 million
4
2023
Dak Prescott
$40 million
4
2021
Matthew Stafford
$40 million
5
2022
Derek Carr
$37.5 million
4
2023
Most guaranteed money in contracts
Player
Guaranteed Money
Year Signed
Deshaun Watson
$230 million
2022
Justin Herbert
$218.7 million
2023
Kyler Murray
$189.5 million
2022
Lamar Jackson
$185 million
2023
Jalen Hurts
$179.3 million
2023
Russell Wilson
$161 million
2022
Aaron Rodgers
$150.8 million
2022
Josh Allen
$150 million
2021
Patrick Mahomes
$141.5 million
2020
Matthew Stafford
$130 million
2022
Dak Prescott
$126 milion
2021
Jared Goff
$110 million
2019
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