In the past few years, we’ve seen the list of highest-paid quarterbacks change in a big way. Heading into the 2023 season, let’s take a look at the current top 10 and who sits atop the list of the highest-paid QBs in the NFL.
Who Is The Highest-Paid Quarterback in the NFL?
By agreeing to an extension with the Los Angeles Chargers in July 2023, Justin Herbert became the highest-paid quarterback in the NFL. He inked a five-year, $262.5 million that will average $52.5 million per season.
Herbert’s new contract includes $133.7 million fully guaranteed and an injury guarantee of $193.7 million. His total guarantee now ranks second in the league behind Deshaun Watson, while he’s third in fully guaranteed money behind Watson and Lamar Jackson. Herbert will collect $100 million in cash in the first year of the deal, blowing past the previous one-year earnings mark of $80 million.
Highest-Paid Quarterbacks 2-10
2) Lamar Jackson, Baltimore Ravens | $52 million
The Baltimore Ravens initially deployed the franchise tag on Lamar Jackson to retain him this offseason, but they ultimately agreed to a long-term pact with their former MVP quarterback. Jackson received a five-year, $260 million contract that made him the league’s highest-paid signal-caller for several months.
Jackson’s accord came with a $185 million total guarantee and a $135 million injury guarantee. His 2023 and 2024 salaries, 2024 roster bonus, and 2024 and 2025 option bonuses are fully guaranteed for injury.
Jackson is due to collect $51.25 million base salaries in 2026 and 2027, when his cap charges will reach nearly $75 million. However, his contract is essentially designed to be restructured and give the Ravens cap relief at a later date.
3) Jalen Hurts, Philadelphia Eagles | $51 million
For a brief time, Jalen Hurts had the mantle as the highest-paid QB. The Philadelphia Eagles signed Hurts to a five-year, $255 million that makes him the highest-paid player in league history on an annual basis.
In addition to his $51 million average annual salary, Hurts will reportedly receive $179.304 million in guarantees and a no-trade clause. He’ll get $110 fully guaranteed and $126.5 million before Year 2 of the deal, while he can earn another $15 million via incentives. Hurts is now under contract through 2028.
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