A pair of quarterbacks recently signed massive contracts, impacting the ranking of the highest-paid NFL quarterbacks. Jordan Love signed a four-year, $220 million extension with the Green Bay Packers, tying him for the highest-paid quarterback in the league on an average annual basis. Following Love’s deal, Tua Tagovailoa and the Miami Dolphins agreed to a huge extension of four years, $212.4 million, making Tagovailoa the fourth-highest-paid quarterback on an average annual basis. As a result of these new contracts, Patrick Mahomes fell out of the top 10 for the highest-paid quarterbacks, now tied for 11th with an average annual salary of $45 million.
Despite the changes in the ranking, Mahomes does not feel underpaid on his current contract. He emphasized the importance of managing his money to maintain a strong team around him. Mahomes signed a 10-year, $450 million deal in 2020, making him one of the highest-paid players in the league. While he acknowledges that others have surpassed him in average annual value, Mahomes remains focused on winning games and providing for his family.
Looking ahead, Dak Prescott of the Dallas Cowboys has the potential to climb the list of highest-paid quarterbacks as he enters the final year of his current deal. The Cowboys have indicated their willingness to let the 2024 season play out before negotiating a new contract with Prescott. As the quarterback contract landscape evolves, it is essential to consider the impact of each new deal on the overall ranking of highest-paid players.
The current list of highest-paid quarterbacks includes Joe Burrow, Jordan Love, and Trevor Lawrence, all earning $55 million on an average annual basis. Tua Tagovailoa follows closely behind with $53.1 million, while Jared Goff and Justin Herbert round out the top five with $53 million and $52.5 million, respectively. Other notable players on the list include Lamar Jackson, Jalen Hurts, Kyler Murray, and Deshaun Watson, each commanding significant contracts in the NFL.
As the quarterback market continues to evolve, it will be interesting to see how future deals impact the ranking of highest-paid players. With players like Mahomes setting the standard for contract negotiations, the landscape of quarterback salaries is likely to shift in the coming years. Stay tuned for updates on the highest-paid NFL quarterbacks and how their contracts shape the future of the league.