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Chargers give Justin Herbert massive extension: Where QB stacks up among richest contracts in NFL history

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Lamar Jackson was the highest-paid player in the NFL — for three months. Jackson has been dethroned as the league’s highest-paid player in terms of average annual value, as the Los Angeles Chargers and Justin Herbert agreed to an extension reportedly worth $262.5 million over five years — an average annual salary of $52.5 million a year.

With Herbert agreeing to his massive extension, all eyes are on Joe Burrow, as the No. 1 overall pick in the 2020 NFL Draft is set to receive a mammoth contract in the near future. Here’s a look at the top contracts in the NFL and where Herbert stacks up. 

Top contracts in total value

Top contracts in average annual value

PlayerAverage Annual ValueTotal YearsYear Signed
Justin Herbert$52.5 million52023
Lamar Jackson$52 million52023
Jalen Hurts$51 million52023

Aaron Rodgers

$50.2 million

4

2022
Russell Wilson$48.5 million52022
Kyler Murray$46.1 million52022
Deshaun Watson$46 million52022

Patrick Mahomes

$45 million

10

2020

Josh Allen

$43,005,667

6

2021
Daniel Jones$40 million42023

Dak Prescott

$40 million

4

2021

Matthew Stafford

$40 million

5

2022

Derek Carr

$37.5 million

4

2023

Most guaranteed money in contracts

PlayerGuaranteed MoneyYear Signed
Deshaun Watson$230 million2022
Justin Herbert$218.7 million2023
Kyler Murray $189.5 million2022
Lamar Jackson$185 million2023
Jalen Hurts$179.3 million2023

Russell Wilson

$161 million

2022

Aaron Rodgers

$150.8 million

2022

Josh Allen$150 million2021

Patrick Mahomes

$141.5 million

2020

Matthew Stafford

$130 million

2022

Dak Prescott

$126 milion

2021

Jared Goff

$110 million

2019

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Author: Jeff Kerr
July 25, 2023 | 7:41 pm

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