How the Jalen Hurts $255M extension resets the NFL’s QB market

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It has a chance to be the biggest deal in league history depending on incentives, and the guaranteed money is second-most in NFL history.

Until Hurts, 24, signs on the dotted line, the exact framework of the contract and several key details may not be apparent, but the early indication is the Eagles have reason to be encouraged by the agreement as well. Here’s how Hurts’ contract fits into the quarterback market, how it impacts the Eagles’ salary cap situation, and why the timing is so important.

Hurts’ total contract value is behind Kansas City’s Patrick Mahomes, who signed a 10-year deal worth $450 million and Buffalo’s Josh Allen, whose deal is worth $258 million on a six-year extension. As a former second-round pick, Hurts’ extension numbers are also influenced by a smaller cap hit on the final year of his rookie deal than his counterparts taken early in the first round had, meaning he’s getting more new money than others did.

According to NFL Network, Hurts is due $64 million through the first new year of his deal in 2024. This indicates Hurts’ contract will leave the Eagles with some extra maneuverability over the next two seasons instead of bogging them down during what should be a championship window. By comparison, Jones is due $82 million during the same stretch.

 

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