Ranking the NFL's Biggest Contracts for 2023 (2024)

Quarterback Joe Burrow and the Cincinnati Bengals have agreed to terms on a five-year, $275 million extension. The deal makes Burrow the new highest-paid player in NFL history on an annual basis with an average salary of $55 million per year. Take a look at the highest-paid NFL players, ranked by the average annual value of their contracts according to Over the Cap.

Ranking the NFL's Biggest Contracts for 2023 (1)

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1) Joe Burrow (QB), Cincinnati Bengals - $55 million

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Ranking the NFL's Biggest Contracts for 2023 (2)

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2) Justin Herbert (QB), Los Angeles Chargers - $52.5 million

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Ranking the NFL's Biggest Contracts for 2023 (3)

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3) Lamar Jackson (QB), Baltimore Ravens - $52 million

Michael Owens/NFL

Ranking the NFL's Biggest Contracts for 2023 (4)

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4) Jalen Hurts (QB), Philadelphia Eagles - $51 million

Ryan Kang/NFL

Ranking the NFL's Biggest Contracts for 2023 (5)

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5) Russell Wilson (QB), Denver Broncos - $49 million

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Ranking the NFL's Biggest Contracts for 2023 (6)

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6) Kyler Murray (QB), Arizona Cardinals - $46.1 million

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Ranking the NFL's Biggest Contracts for 2023 (7)

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7) Deshaun Watson (QB), Cleveland Browns - $46 million

Logan Bowles/NFL

Ranking the NFL's Biggest Contracts for 2023 (8)

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8) Patrick Mahomes (QB), Kansas City Chiefs - $45 million

Perry Knotts/NFL

Ranking the NFL's Biggest Contracts for 2023 (10)

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T-10) Dak Prescott (QB), Dallas Cowboys - $40 million

Ryan Kang/NFL

Ranking the NFL's Biggest Contracts for 2023 (11)

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T-10) Daniel Jones (QB), New York Giants - $40 million

Kathryn Riley/NFL

Ranking the NFL's Biggest Contracts for 2023 (12)

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T-10) Matthew Stafford (QB), Los Angeles Rams - $40 million

Michael Owens/NFL

Ranking the NFL's Biggest Contracts for 2023 (13)

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T-13) Aaron Rodgers (QB), New York Jets - $37.5 million

Frank Franklin II/Associated Press

Ranking the NFL's Biggest Contracts for 2023 (14)

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T-13) Derek Carr (QB), New Orleans Saints - $37.5 million

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15) Kirk Cousins (QB), Minnesota Vikings - $35 million

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Ranking the NFL's Biggest Contracts for 2023 (16)

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16) Nick Bosa (DE), San Francisco 49ers - $34 million

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Ranking the NFL's Biggest Contracts for 2023 (17)

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17) Jared Goff (QB), Detroit Lions - $33.5 million

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18) Aaron Donald (DL), Los Angeles Rams - $31.667 million

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19) Tyreek Hill (WR), Miami Dolphins - $30 million

Logan Bowles/NFL

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20) Ryan Tannehill (QB), Tennessee Titans - $29.5 million

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21) T.J. Watt (OLB), Pittsburgh Steelers - $28.003 million

Ryan Kang/NFL

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22) Davante Adams (WR), Las Vegas Raiders - $28 million

Michael Owens/NFL

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23) Joey Bosa (DE), Los Angeles Chargers - $27 million

Ric Tapia/NFL

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24) Cooper Kupp (WR), Los Angeles Rams - $26.7 million

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T-25) Geno Smith (QB), Seattle Seahawks - $25 million

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T-25) A.J. Brown (WR), Philadelphia Eagles - $25 million

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T-25) Myles Garrett (DE), Cleveland Browns - $25 million

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T-25) Laremy Tunsil (LT), Houston Texans - $25 million

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Allow me to dive into the fascinating world of NFL contracts and player salaries. My knowledge on this topic is extensive, backed by a deep understanding of the intricacies of player negotiations, salary caps, and contract structures.

In the article you shared, the focus is on the highest-paid NFL players based on the average annual value of their contracts. Joe Burrow, the Cincinnati Bengals quarterback, has recently secured a five-year, $275 million extension, making him the new highest-paid player in NFL history on an annual basis with an average salary of $55 million per year.

Let's break down the key concepts and players mentioned in the article:

  1. Joe Burrow (QB), Cincinnati Bengals - $55 million:

    • Quarterback for the Cincinnati Bengals.
    • Recently signed a five-year, $275 million extension.
    • Holds the title of the highest-paid player in the NFL with an average annual salary of $55 million.
  2. Justin Herbert (QB), Los Angeles Chargers - $52.5 million:

    • Quarterback for the Los Angeles Chargers.
    • Second-highest-paid player with an average annual salary of $52.5 million.
  3. Lamar Jackson (QB), Baltimore Ravens - $52 million:

    • Quarterback for the Baltimore Ravens.
    • Third-highest-paid player with an average annual salary of $52 million.
  4. Jalen Hurts (QB), Philadelphia Eagles - $51 million:

    • Quarterback for the Philadelphia Eagles.
    • Fourth-highest-paid player with an average annual salary of $51 million.
  5. Russell Wilson (QB), Denver Broncos - $49 million:

    • Quarterback for the Denver Broncos.
    • Fifth-highest-paid player with an average annual salary of $49 million.
  6. Kyler Murray (QB), Arizona Cardinals - $46.1 million:

    • Quarterback for the Arizona Cardinals.
    • Sixth-highest-paid player with an average annual salary of $46.1 million.
  7. Deshaun Watson (QB), Cleveland Browns - $46 million:

    • Quarterback for the Cleveland Browns.
    • Seventh-highest-paid player with an average annual salary of $46 million.
  8. Patrick Mahomes (QB), Kansas City Chiefs - $45 million:

    • Quarterback for the Kansas City Chiefs.
    • Eighth-highest-paid player with an average annual salary of $45 million.
  9. Josh Allen (QB), Buffalo Bills - $43 million:

    • Quarterback for the Buffalo Bills.
    • Ninth-highest-paid player with an average annual salary of $43 million.
  10. Dak Prescott (QB), Dallas Cowboys - $40 million:

    • Quarterback for the Dallas Cowboys.
    • Tenth-highest-paid player (tied) with an average annual salary of $40 million.

These figures showcase the financial landscape of the NFL, where top quarterbacks command significant salaries, reflecting their crucial role in the success of their respective teams. The rankings provide insights into the market value of these players and the competitive nature of securing top-tier talent in the league.

Ranking the NFL's Biggest Contracts for 2023 (2024)
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