Eagles Notes: Salary cap numbers of Jalen Hurts’ record-setting extension revealed
Jalen Hurts became a wealthy man on Monday afternoon.
The Eagles inked their franchise quarterback to a monster five-year, $255M extension that included $179.3M in guarantees and the first no-trade clause in team history. The salary cap numbers on Hurts’ new deal have since been revealed:
Eagles’ QB Jalen Hurts’ salary-cap numbers for the next four seasons after today’s $255 million extension:— Adam Schefter (@AdamSchefter) April 17, 2023
🏈2023: $6.15 million
🏈2024: $13.56 million
🏈2025: $21.77 million
🏈2026: $31.77 million
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To nobody’s surprise, the contract appears to be backloaded in 2027 and 2028, when the league-wide salary cap is expected to be much higher.
On the surface, Philadelphia’s strategy is to prorate the signing and option bonuses throughout Hurts’ contract to bring his total cap number down. This way, the Eagles can maintain financial flexibility and keep critical pieces of the roster intact.
Based on @AdamSchefter report on the cap hits my guess on Hurts contract would be minimum P5s in each of the next 4 seasons, a signing bonus of $23.294M, a 2024 option of $38.875M, a 2nd option in 2025 of $40.83M, and a 3rd option in 2026 of $49.785M.— Jason_OTC (@Jason_OTC) April 17, 2023
To put into perspective, here are the total cap hits of top QBs over the next two seasons:
- Patrick Mahomes: $86.4M
- Dak Prescott: $86.3M
- Deshaun Watson: $83M
- Matthew Stafford: $69.5M
- Josh Allen: $65.2M
- Kyler Murray: $67.9M
- Daniel Jones: $66M
- Jalen Hurts: $19.7M
Hurts’ $51M AAV makes him the highest-paid player in NFL history, surpassing Aaron Rodgers’ $50.3M/year — another feather in the cap for GM Howie Roseman.
The Eagles showed everyone how you’re supposed to handle a franchise quarterback.— Victor Williams (@ThePhillyPod) April 17, 2023
No animosity, no games, no excuses, no offseason distractions. Recognize the talent you have and make a commitment.
Mandatory Credit: NFL.com