The five-year, $260 million extension that Baltimore Ravens quarterback Lamar Jackson signed in May set an NFL contract record with an average annual value of $52 million, but his reign didn’t last long. First there was Los Angeles Chargers rising star Justin Herbert, whose five-year, $262.5 million extension two months later edged him out with an annual average of $52.5 million.
Then came Bengals quarterback Joe Burrow with a five-year, $275 million deal agreed to last week, three days before Cincinnati’s season opener—a new all-time-high average of $55 million a year.
The five-year, $260 million extension that Baltimore Ravens quarterback Lamar Jackson signed in May set an NFL contract record with an average annual value of $52 million, but his reign didn’t last long. First there was Los Angeles Chargers rising star Justin Herbert, whose five-year, $262.5 million extension two months later edged him out with an annual average of $52.5 million.
Then came Bengals quarterback Joe Burrow with a five-year, $275 million deal agreed to last week, three days before Cincinnati’s season opener—a new all-time-high average of $55 million a year.
