The quarterback market has moved again this offseason. A year after Aaron Rodgers raised the average annual value bar past $50MM, Jalen Hurts and Lamar Jackson did so on long-term extensions. Overall, four teams have authorized the most lucrative QB deal in their respective histories this offseason. Two more — the Bengals and Chargers — are in talks about record-setting extensions as well.
On that note, here is the richest quarterback contract each team has authorized. Although teams like the Jets and Lions have acquired big-ticket contracts via trade, only teams’ extensions or free agency agreements will qualify here.
- Jay Cutler, January 2014. Seven years, $126.7MM. $38MM fully guaranteed
- Carson Palmer, December 2005. Six years, $97MM. $30.8MM fully guaranteed
Green Bay Packers
In trading this contract to the Jets in April, the Packers restructured the deal. Rodgers’ exit will still tag the Pack with $40.3MM in 2023 dead money.
Kansas City Chiefs
Las Vegas Raiders
Carr’s second Raiders deal — agreed to in April 2022 — was worth $40.5MM per year. The full guarantee, thanks to the February escape hatch the team built into the contract, checked in lower than Carr’s initial Raiders extension.
Los Angeles Chargers
Los Angeles Rams
Cousins’ 2020 extension checked in with a higher AAV ($33MM) but did not approach his initial Minnesota pact for guarantees.
New England Patriots
New Orleans Saints
New York Giants
New York Jets
- Chad Pennington, September 2004. Seven years, $64MM. $23MM guaranteed.