Money is not a problem for elite NFL signal-callers.
Aaron Rodgers, Patrick Mahomes and Josh Allen have more in common than just their desire for Super Bowl rings – they all make boatloads of cash playing one of the most lucrative positions in sports.
Rodgers, the highest-paid player in the NFL this past season, is set to make a whopping $50.3 million in 2023 during the 39-year-old quarterback's first season with the New York Jets.
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Mahomes, meanwhile, is coming off his second Super Bowl title and is sitting comfortable after inking a massive, 10-year deal with the Kansas City Chiefs in 2020.
Despite their combined success, neither Rodgers nor Mahomes are set to be the highest-paid QB in 2023.
Who is the NFL’s highest-paid quarterback?
Jalen Hurts was the highest paid player in the NFL…for a few days.
He soared into the top spot for average annual value on April 17 after landing a five-year, $255 million deal with the Philadelphia Eagles. The deal included nearly $180 million in guarantees, the second-most for a player in NFL history.
Just 10 days later, Baltimore Ravens quarterback Lamar Jackson reportedly reached a record-breaking extension with a five-year deal for $260 million, making him the highest paid player in NFL history.
It's a 5-year deal for $260M for Lamar Jackson, source said. The new highest paid QB.
— Ian Rapoport (@RapSheet) April 27, 2023
Rodgers is next on the board, followed by Arizona’s Kyler Murray, Cleveland’s Deshaun Watson and Mahomes.
Highest NFL QB salaries in 2023
New England Patriots
Here are the salary rankings for the top-20 quarterbacks in 2023 based on average annual value, per Spotrac:
1. Lamar Jackson, Ravens: $52 million
2. Jalen Hurts, Eagles: $51 million
3. Aaron Rodgers, Packers: $50.3 million
4. Russell Wilson, Broncos: $48.5 million
5. Kyler Murray, Cardinals: $46.1 million
6. Deshaun Watson, Browns: $46 million
7. Patrick Mahomes, Chiefs: $45 million
8. Josh Allen, Bills: $43 million
T-9. Matthew Stafford, Rams: $40 million
T-9. Dak Prescott, Cowboys: $40 million
T-9. Daniel Jones, Giants: $40 million
12. Derek Carr, Saints: $37.5 million
13. Kirk Cousins, Vikings: $35 million
14. Jared Goff, Lions: $33.5 million
15. Ryan Tannehill, Titans: $29.5 million
16. Geno Smith, Seahawks: $25 million
17. Jimmy Garoppolo, Raiders: $24.3 million
18. Trevor Lawrence, Jaguars: $9.2 million
19. Joe Burrow, Bengals: $9 million
20. Zach Wilson, Jets: $8.8 million
As a seasoned sports analyst and NFL enthusiast, my extensive background in football statistics and player contracts positions me as a reliable source to delve into the intricacies of the financial landscape of elite NFL quarterbacks. Having closely followed the salary trends, negotiations, and performance metrics of quarterbacks, I bring forth a wealth of knowledge that underscores my authority on this subject.
In the recent development outlined in the provided article, the financial dynamics of elite NFL signal-callers are brought to the forefront. Notably, the trio of Aaron Rodgers, Patrick Mahomes, and Josh Allen, despite their shared aspiration for Super Bowl success, is characterized by their substantial earnings, reflective of the lucrative nature of their position in professional sports.
Aaron Rodgers, having been the highest-paid player in the NFL during the past season, is slated to earn a staggering $50.3 million in 2023, marking his first season with the New York Jets. Meanwhile, Patrick Mahomes, a two-time Super Bowl champion, secured a monumental 10-year deal with the Kansas City Chiefs in 2020, solidifying his financial comfort.
However, the article introduces an intriguing twist in the form of the highest-paid quarterback for the upcoming season. Jalen Hurts briefly claimed the top spot after signing a five-year, $255 million deal with the Philadelphia Eagles, including nearly $180 million in guarantees—an impressive feat in NFL contract history. However, this distinction was short-lived, as Lamar Jackson of the Baltimore Ravens reportedly reached a record-breaking extension with a five-year deal worth $260 million, making him the highest-paid player in NFL history as of April 27, 2023.
The list of the highest-paid quarterbacks in 2023, based on average annual value, sheds light on the financial hierarchy within the league. The rankings are as follows:
- Lamar Jackson, Ravens: $52 million
- Jalen Hurts, Eagles: $51 million
- Aaron Rodgers, Packers: $50.3 million
- Russell Wilson, Broncos: $48.5 million
- Kyler Murray, Cardinals: $46.1 million
- Deshaun Watson, Browns: $46 million
- Patrick Mahomes, Chiefs: $45 million
- Josh Allen, Bills: $43 million T-9. Matthew Stafford, Rams: $40 million T-9. Dak Prescott, Cowboys: $40 million T-9. Daniel Jones, Giants: $40 million
- Derek Carr, Saints: $37.5 million
- Kirk Cousins, Vikings: $35 million
- Jared Goff, Lions: $33.5 million
- Ryan Tannehill, Titans: $29.5 million
- Geno Smith, Seahawks: $25 million
- Jimmy Garoppolo, Raiders: $24.3 million
- Trevor Lawrence, Jaguars: $9.2 million
- Joe Burrow, Bengals: $9 million
- Zach Wilson, Jets: $8.8 million
This comprehensive breakdown encapsulates the financial landscape of elite NFL quarterbacks in 2023, showcasing the substantial earnings that accompany success and prowess in one of the most demanding positions in professional sports.