NFL News NFL News, Reports and Updates
The NFL quarterback market has skyrocketed in recent seasons. Jacksonville Jaguars quarterback Trevor Lawrence signed a $275 million deal which became the second-largest contract in NFL history by total value — trailing only Patrick Mahomes’ $450 million deal signed in 2020. (Mahomes has re-negotiated since then.)
Three of the ten largest deals in league history have come in 2024, with all ten belonging to quarterbacks. Let’s take a look.
Largest NFL contracts, based on annual average value
1 (tie). Trevor Lawrence: $55M
Signing a deal worth a total of $275 million over five years, the former No. 1 overall pick in the 2021 NFL Draft has recorded back-to-back seasons with over 4,000 yards passing for the Jaguars.In the 2022 season, he was selected to his first Pro Bowl and spearheaded the third-largest comeback in NFL playoff history that same season — coming back from a 27-point deficit in the Wild Card round against the Chargers.
1 (tie). Joe Burrow: $55M
Burrow’s deal has the same total value and length as Lawrence’s, but he signed it in the 2023 season.Burrow led the Bengals to a Super Bowl appearance in the 2021 season. As of the end of the 2023 season, he is the all-time leader for career completion percentage at 68%.
3. Jared Goff: $53M
Last month, Goff signed a four-year deal worth $212 million with the Lions after leading them to an NFC North title and a conference championship appearance.Since his first season with Detroit in 2021, the former Ram is fourth in the league in pass yards (12,258) in that span and also seventh in touchdown passes (78).
4. Justin Herbert: $52.5M
Herbert signed a five-year extension worth $262.5 million last year and has recorded over 4,000 yards passing in three of his four seasons in the league.Since entering the league in 2020, the only quarterbacks with more passing yards are Patrick Mahomes and Josh Allen. He’s also thrown 114 touchdowns, the fourth most in the league in the league in that span.
