As the curtains rise on the 2024 NFL offseason, an unprecedented surge in the salary cap—to a staggering $255.4 million—has sent shockwaves through the league. With this bounty, teams are not just chasing dreams but building empires, aiming to sculpt rosters that can not only compete but dominate on the football coliseum. This financial windfall has dramatically reshaped the NFL’s pay hierarchy, particularly among the league's most pivotal players: the quarterbacks. Their contracts have become astronomical, reflecting their value and the high stakes involved in securing top-tier talent.
The quarterback's market is a fascinating study of escalation. Each new contract seemingly sets a record, only to be outdone months, if not days, later. This dizzying cycle has made stars like Joe Burrow, Patrick Mahomes, and Justin Herbert not just athletes but titans of the turf, with salaries soaring north of $50 million. As the 2024 offseason unfolds, the vaults have opened wide. Here’s an in-depth look at the titans of the gridiron who are commanding top dollar this year, based on figures from Spotrac.com. These figures not only highlight the immense financial stakes involved but also underline the shifting dynamics of the NFL's competitive landscape.
25 Highest-Paid NFL Players in 2024
Joe Burrow, QB, Bengals - Annual Salary: $55 Million
In a move to assert their dominance, the Cincinnati Bengals made Joe Burrow the highest-paid quarterback in the NFL, with an annual salary of $55 million. This contract includes a staggering $219.01 million in guarantees, setting a new benchmark for quarterback earnings. Burrow's talent is undeniable; he led the Bengals to a Super Bowl appearance in just his second season. However, his ability to live up to this lucrative deal hinges on his health. A wrist injury limited him to only 10 games last season, but he was on pace for 3,925 yards, 26 touchdowns, and 10 interceptions over a full 17-game season.
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As Burrow navigates a crowded AFC, the challenge will be not just maintaining his high level of play but also overcoming the significant cap space his contract consumes. The Bengals are banking on his leadership and skill to lead them to a championship, but the financial implications of his contract will be felt throughout the roster. Ensuring that Burrow remains healthy and productive will be critical for the Bengals' hopes of returning to the Super Bowl and capitalizing on their substantial investment.
Jared Goff, QB, Lions - Annual Salary: $53 Million
Jared Goff’s journey from a trade asset to a franchise cornerstone culminated in a four-year, $212 million extension with the Detroit Lions. Initially seen as a temporary solution after the Matthew Stafford trade, Goff has proven his worth by leading the Lions to continuous improvement and a near Super Bowl berth last season. The Lions' faith in Goff is evident with $170 million guaranteed in his new deal, solidifying his role as the team's leader. Despite skepticism from some quarters, Detroit's investment in Goff, alongside key players like Amon-Ra St. Brown and Penei Sewell, underscores their commitment to building a championship contender.
The Lions' decision to lock in Goff with such a substantial contract speaks volumes about their long-term vision. Goff has not only adapted to Detroit's system but has thrived, demonstrating resilience and leadership that have invigorated the franchise. His ability to guide the team through challenging games and maintain consistency has transformed him from a placeholder to a pivotal figure in Detroit's quest for NFL supremacy. As the Lions continue to build around him, Goff's performance will be pivotal in determining the team's trajectory in the highly competitive NFC.
Patrick Mahomes, QB, Chiefs - Annual Salary: $52.65 Million
Patrick Mahomes’ initial 10-year, $450 million deal with the Kansas City Chiefs was a game-changer, and it quickly proved to be a bargain. Recognizing his value, the Chiefs restructured his contract to guarantee $52.65 million annually from 2023 to 2026. Mahomes has been worth every penny, leading the Chiefs to back-to-back Super Bowl victories and solidifying their dynasty status. Despite lacking a star-studded receiving corps, Mahomes continues to elevate the team's performance, remaining a perennial MVP candidate and setting the standard for quarterback excellence.
Mahomes' impact on the Chiefs transcends his financial worth. His ability to perform under pressure and deliver in critical moments has been instrumental in the team's success. The Chiefs' decision to restructure his contract reflects their commitment to keeping Mahomes at the helm while maintaining financial flexibility. As he continues to shatter records and redefine the quarterback position, Mahomes remains the cornerstone of Kansas City's future aspirations, embodying the perfect blend of talent, leadership, and strategic value.
Justin Herbert, QB, Chargers - Annual Salary: $52.5 Million
Justin Herbert's five-year, $262.5 million contract places him among the NFL's elite earners. His statistical output — averaging 4,722 yards, 31 touchdowns, and 12 interceptions per season with a 66.6% completion rate — justifies the investment. However, his 30-32 regular-season record and lack of playoff success have led to criticism. Herbert will have an opportunity to rewrite his narrative under new head coach Jim Harbaugh in 2024. If he can translate his regular-season prowess into postseason victories, Herbert’s contract will be seen as money well spent.
Herbert's journey with the Chargers has been one of immense potential coupled with unmet expectations. The franchise's hopes are pinned on his ability to break through in the playoffs, a stage where he has yet to make a significant impact. The addition of Jim Harbaugh as head coach brings a fresh perspective and renewed strategies, potentially providing Herbert with the support and guidance needed to excel. As Herbert embarks on this new chapter, his performance in the postseason will be critical in validating the substantial financial commitment made by the Chargers.
Lamar Jackson, QB, Ravens - Annual Salary: $52 Million
After a prolonged negotiation period, Lamar Jackson secured a five-year, $260 million contract with the Baltimore Ravens. Jackson's dual-threat capability was on full display in 2023, leading the Ravens to a 13-4 record and the AFC's top seed. His passing stats — 3,678 yards, 24 touchdowns, and seven interceptions — were complemented by 821 rushing yards and five touchdowns. Despite a 2-4 playoff record, including a loss in the AFC Championship to the Chiefs, Jackson's unique skill set makes him indispensable to Baltimore's success.
The Ravens' Super Bowl aspirations hinge on Jackson maintaining his health and elevating his postseason play. Jackson's contract underscores his value to the team and their reliance on his versatility and dynamic playmaking abilities. His performance in the upcoming seasons will be pivotal in determining whether the Ravens can convert their regular-season success into a Super Bowl victory. With Jackson at the helm, Baltimore's offense remains one of the most unpredictable and dangerous in the league, making them perennial contenders as long as he stays healthy and effective.
Jalen Hurts, QB, Eagles - Annual Salary: $51 Million
Jalen Hurts' performance during the Eagles' Super Bowl run earned him a five-year, $255 million contract with $179.3 million guaranteed. Though Hurts faced challenges in 2023, including a career-high 15 interceptions, his 38 total touchdowns were vital to the Eagles' offense. Known for his proficiency in the "Tush Push" play, Hurts remains a key figure in Philadelphia's quest for another Super Bowl. As long as he stays healthy, Hurts' leadership and dynamic playmaking will keep the Eagles competitive.
Hurts' journey with the Eagles has been marked by resilience and growth. His ability to overcome setbacks and deliver in critical moments has cemented his status as a franchise quarterback. The Eagles' investment in Hurts reflects their confidence in his ability to lead the team to sustained success. As he continues to develop his skills and refine his decision-making, Hurts' impact on the Eagles' fortunes will be profound. His contract not only secures his future with the team but also positions the Eagles as formidable contenders in the NFC.
Kyler Murray, QB, Cardinals - Annual Salary: $46.1 Million
Kyler Murray's journey with the Arizona Cardinals has been tumultuous, marked by injuries and inconsistent team performance. Despite a 6-13 record since signing his extension in 2022, Murray is expected to return fully recovered from a torn ACL for the 2024 season. His passer rating of 89.4 last season indicates potential, but much will depend on the Cardinals' ability to provide a stronger supporting cast. Murray's performance in the upcoming season will be critical in justifying his hefty salary.
Murray's tenure with the Cardinals has been a rollercoaster of highs and lows. His dynamic playmaking ability has been overshadowed by injuries and team struggles. The upcoming season presents an opportunity for redemption and a chance to validate the Cardinals' investment in him. The team's success will largely hinge on Murray's health and his ability to consistently perform at a high level. As he steps back onto the field, the pressure to deliver and lead the Cardinals to victory will be immense, making this season a pivotal one for Murray's career and the franchise's future.
Deshaun Watson, QB, Browns - Annual Salary: $46 Million
Deshaun Watson's tenure with the Cleveland Browns has been marred by limited playtime and injuries. Since signing a fully guaranteed $230 million contract, Watson has played only 12 games, raising concerns about his long-term impact. Despite a promising 5-1 record in 2023 before a season-ending shoulder injury, Watson's 61.4% completion rate for 1,115 yards, seven touchdowns, and four interceptions falls short of expectations. The Browns are banking on Watson to regain his former prowess and lead the team to success.
Watson's potential to transform the Browns' fortunes remains a topic of intense debate. His early performances hinted at the elite level of play expected of him, but injuries have stymied his progress. The Browns' significant financial commitment reflects their belief in his capabilities, but Watson's ability to stay healthy and deliver consistent, high-caliber performances will be crucial. As he prepares for the upcoming season, the pressure is on Watson to prove that he can be the cornerstone of the Browns' offense and justify the substantial investment made in his talents.
Kirk Cousins, QB, Falcons - Annual Salary: $45 Million
Kirk Cousins continues to command significant earnings, signing a four-year, $180 million contract with the Atlanta Falcons, including $100 million in guarantees. Cousins fills the quarterback void in Atlanta, aiming to bring stability and competitiveness to the NFC South. Despite a torn Achilles ending his 2023 season prematurely, Cousins' 69.5% completion rate for 2,331 yards, 18 touchdowns, and five interceptions showcased his reliability. His recovery will be crucial for the Falcons' success in 2024.
Cousins' move to the Falcons represents a new chapter in his career, with the potential to rejuvenate Atlanta's offense. His track record of consistent performance and leadership provides a solid foundation for the Falcons as they seek to establish themselves as contenders in the NFC. Cousins' ability to recover fully from his injury and return to top form will be instrumental in the team's ambitions. As he integrates into the Falcons' system, his experience and skill set are expected to drive the team's offensive strategy and overall success.
Josh Allen, QB, Bills - Annual Salary: $43 Million
Josh Allen remains one of the NFL's top quarterbacks, despite ranking ninth in annual salary. With a career regular-season record of 63-30 and three top-five MVP finishes, Allen's performance is highly valued. However, his playoff record of 5-5 and inability to reach the Super Bowl have been stumbling blocks. Allen's 2023 season saw him throw 18 interceptions but also account for 45 total touchdowns, underlining his high-risk, high-reward style. The Buffalo Bills' success hinges on Allen's ability to overcome playoff hurdles, particularly against formidable rivals like the Kansas City Chiefs.
Allen's journey with the Bills has been marked by spectacular highs and frustrating near-misses. His dynamic playing style makes him a constant threat, but consistency and decision-making in critical moments remain areas for improvement. The Bills' championship hopes are closely tied to Allen's performance, particularly in the postseason. As he continues to develop and refine his game, Allen's ability to lead the Bills to the Super Bowl will be the ultimate test of his prowess and the justification for his substantial earnings.
Dak Prescott, QB, Cowboys - Annual Salary: $40 Million
Dak Prescott is gearing up for the final year of his four-year, $160 million contract extension with the Dallas Cowboys, signed in March 2021. Prescott's 2023 season statistics were impressive: a 69.5% completion rate, 4,516 passing yards, 36 touchdowns (the most in the league), and only nine interceptions. These numbers suggest that Prescott is poised for another substantial payday. With his current contract nearing its end, Prescott's next deal could exceed $50 million annually, potentially making him one of the top five highest-paid players in the NFL—or even the highest if Cowboys owner Jerry Jones decides to fully commit in pursuit of a championship.
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Prescott's performance has solidified his status as one of the league's elite quarterbacks. His ability to lead the Cowboys to success while maintaining high-level individual statistics underscores his value to the team. As negotiations for his next contract loom, Prescott's market value will be a significant talking point, not only for the Cowboys but across the NFL. The upcoming season will be crucial for Prescott, as his performance will directly impact the terms of his future contract and his standing among the highest-paid players in the league.
Matthew Stafford, QB, Rams - Annual Salary: $40 Million
Matthew Stafford's journey with the Rams post-extension has been a rollercoaster, marred initially by injuries. However, he rebounded in 2023, throwing for 3,965 yards, 24 touchdowns, and 11 interceptions, leading the Rams to a wild-card berth. Now at 36, Stafford's synergy with targets like Cooper Kupp, Puka Nacua, and Kyren Williams is crucial. As long as this chemistry remains, Stafford's contract, despite his age, appears to be justified.
Stafford's resilience and ability to overcome injuries have been pivotal in maintaining his effectiveness as a top-tier quarterback. The Rams' decision to keep him on a significant contract reflects their confidence in his capabilities and leadership. Stafford's experience and connection with key offensive players will be vital for the Rams as they aim to compete in a highly competitive NFC. His performance in the upcoming season will be closely watched as an indicator of his continued value and the Rams' potential to make a deep playoff run.
Daniel Jones, QB, Giants - Annual Salary: $40 Million
The New York Giants took a significant gamble on Daniel Jones, signing him to a four-year, $160 million contract after a single strong season under head coach Brian Daboll. Unfortunately, Jones struggled in 2023, managing just 909 yards, two touchdowns, and six interceptions across six games, while enduring 30 sacks. The offensive line's poor performance didn't help, but Jones' tendency to turnover and take sacks added to the woes. The Giants need to bolster their protection for Jones, but he must also elevate his game to validate the franchise's hefty investment.
Jones' performance in the upcoming season will be crucial in determining his future with the Giants. The pressure is on to deliver consistent, high-level play and lead the team to success. The Giants' commitment to improving the offensive line and overall team dynamics will play a significant role in Jones' ability to thrive. As he works to overcome the challenges of the previous season, Jones' development and performance will be closely scrutinized, making this a pivotal year for his career and the Giants' prospects.
Baker Mayfield, QB, Buccaneers - Annual Salary: $38.3 Million
The Buccaneers took a chance on Baker Mayfield with a one-year "prove it" deal for the 2023 season, and it paid off. Mayfield posted a 9-8 record with 4,044 passing yards, 28 touchdowns, and 10 interceptions. This performance earned him a three-year contract worth up to $115 million, including $50 million in guarantees. This deal offers security for both parties: Mayfield gets a financial safety net, and the Buccaneers have the flexibility to move on if his 2023 success doesn't continue.
Mayfield's resurgence with the Buccaneers has been a testament to his resilience and adaptability. His ability to perform under pressure and deliver solid numbers has reinvigorated his career. The new contract reflects both the Buccaneers' belief in his potential and the pragmatic approach of maintaining flexibility. As Mayfield enters the upcoming season, his challenge will be to build on his recent success and establish himself as a reliable, long-term solution for the Buccaneers' quarterback position. His performance will be pivotal in determining the team's trajectory and his own career progression.
Aaron Rodgers, QB, Jets - Annual Salary: $37.5 Million
Aaron Rodgers, once the league's highest-paid player, restructured his contract to help the Jets enhance their roster. However, his 2023 season ended abruptly with a torn Achilles after just four snaps. The Jets are committed to the final year of Rodgers' two-year, $75 million contract, but his future in New York hinges on his recovery and performance post-injury.
Rodgers' move to the Jets was initially seen as a transformative acquisition, but his injury cast a shadow over those expectations. The Jets' commitment to Rodgers underscores their hope that he can return to form and lead the team to success. His recovery process will be closely monitored, and his ability to perform at a high level post-injury will be critical. The upcoming season presents an opportunity for Rodgers to demonstrate his resilience and reaffirm his status as one of the league's premier quarterbacks. The Jets' fortunes in the immediate future are closely tied to Rodgers' health and performance.
Derek Carr, QB, Saints - Annual Salary: $37.5 Million
Derek Carr's move to the Saints on a four-year, $150 million deal marked the first major quarterback move of the 2023 offseason. Reuniting with Dennis Allen, Carr's first season in New Orleans saw him throw for 3,878 yards, 25 touchdowns, and eight interceptions. While the Saints narrowly missed the NFC South title, Carr's performance kept them competitive. To secure a playoff berth in 2024, Carr will need to elevate his game further.
Carr's transition to the Saints has been marked by solid performance and a steadying influence on the team. His familiarity with Dennis Allen has facilitated a smoother integration into the Saints' system. As the team looks to improve and compete more effectively, Carr's role will be pivotal. His ability to deliver in crucial games and elevate his overall performance will be key to the Saints' aspirations. The upcoming season will be a significant one for Carr as he aims to lead the team to greater success and validate the substantial investment made in him.
Nick Bosa, EDGE, 49ers - Annual Salary: $34 Million
Nick Bosa stands out as the highest-paid non-quarterback in the NFL, thanks to his five-year, $170 million contract. At 26, Bosa has amassed 53.5 sacks in 68 games, consistently hitting double-digit sack totals in the past three seasons. As he enters his prime, Bosa is expected to continue delivering top-tier performance, provided he remains healthy.
Bosa's impact on the 49ers' defense cannot be overstated. His relentless pressure on quarterbacks and ability to disrupt opposing offenses make him a cornerstone of the team's strategy. The 49ers' commitment to Bosa through his substantial contract reflects their belief in his continued dominance on the field. As he enters his prime years, maintaining his health and performance levels will be critical. Bosa's presence on the defensive line is a key factor in the 49ers' pursuit of championship glory, and his ability to deliver in high-stakes games will be pivotal to their success.
A. J. Brown, WR, Eagles - Annual Salary: $32 Million
A.J. Brown's three-year, $96 million contract extension with the Eagles makes him the highest-paid wide receiver in the NFL. Brown's back-to-back 1,400-plus yard seasons have solidified his status as a top-tier receiver, ensuring that Philadelphia's dynamic duo of Brown and DeVonta Smith remains intact for the foreseeable future.
Brown's contributions to the Eagles' offense have been invaluable. His ability to make critical plays and consistently perform at a high level has established him as a premier wide receiver in the league. The Eagles' decision to secure Brown with a lucrative extension reflects their commitment to maintaining a potent offensive unit. As Brown continues to build on his impressive statistics, his role in the Eagles' quest for another Super Bowl will be crucial. His partnership with DeVonta Smith provides the team with a formidable receiving duo that poses a significant threat to any defense.
Chris Jones, DT, Chiefs - Annual Salary: $31.75 Million
Chris Jones became the highest-paid defensive tackle in NFL history with a five-year, $158.75 million contract extension. Jones' 75.5 career sacks in 123 games, coupled with his pivotal role in the Chiefs' three recent Super Bowl victories, underscore his value to Kansas City. His performance in critical moments, like pressuring Brock Purdy in overtime of Super Bowl 58, highlights why retaining him was a priority for the Chiefs.
Jones' impact on the Chiefs' defense has been monumental. His ability to dominate the line of scrimmage and disrupt opposing offenses makes him an indispensable asset. The Chiefs' decision to reward Jones with a historic contract reflects their recognition of his contributions and the importance of his role in their continued success. As the Chiefs aim for more championship glory, Jones' performance will be a cornerstone of their defensive strategy. His ability to consistently deliver in high-pressure situations will be key to the team's aspirations and his legacy as one of the league's top defensive players.
Josh Allen, EDGE, Jaguars - Annual Salary: $30 Million
Josh Allen of the Jaguars, not to be confused with the Bills' quarterback, is a defensive force. The 27-year-old posted a career-best 17.5 sacks in 2023, bringing his career total to 45 sacks in 74 games. Allen's contract reflects his status as one of the league's premier young pass rushers, and staying healthy will be key to maintaining his productivity.
Allen's emergence as a top pass rusher has been a significant boost for the Jaguars' defense. His ability to consistently pressure quarterbacks and make impactful plays has established him as a cornerstone of the team's defensive unit. The Jaguars' decision to invest heavily in Allen underscores their belief in his potential and importance to their long-term success. As he continues to develop and hone his skills, Allen's performance will be critical in shaping the Jaguars' defensive identity and competitiveness in the league.
Tyreek Hill, WR, Dolphins - Annual Salary: $30 Million
Tyreek Hill's record-breaking contract with the Dolphins has been worth every penny. Hill led the league with 1,799 receiving yards and 13 touchdowns in 2023, maintaining his status as a five-time All-Pro. At 30, Hill shows no signs of slowing down, and his contract, which runs through 2026, ensures that the Dolphins have a premier offensive weapon for years to come.
Hill's impact on the Dolphins' offense has been profound. His speed, agility, and ability to make game-changing plays have made him one of the most electrifying players in the league. The Dolphins' commitment to Hill through his substantial contract reflects their recognition of his value and the importance of keeping him at the center of their offensive strategy. As Hill continues to deliver outstanding performances, his role in the Dolphins' pursuit of success will be crucial. His ability to maintain peak performance levels will be key to the team's aspirations and his legacy as one of the league's top wide receivers.
Amon-Ra St. Brown, WR, Lions - Annual Salary: $30 Million
The Lions secured Amon-Ra St. Brown with a contract matching Tyreek Hill's after a stellar All-Pro season in 2023. St. Brown, only 25, recorded 119 catches for 1,515 yards and 10 touchdowns last season. His consistent performance as one of the NFL's top slot receivers justifies his hefty four-year extension.
St. Brown's rise to prominence has been marked by exceptional consistency and playmaking ability. His contributions to the Lions' offense have been instrumental in their recent success. The decision to lock him in with a substantial contract reflects the Lions' commitment to maintaining a dynamic and effective offensive unit. As St. Brown continues to develop his skills and build on his impressive statistics, his role in the Lions' quest for a championship will be pivotal. His ability to perform at a high level consistently makes him a key asset for the team's future success.
T. J. Watt, EDGE, Steelers - Annual Salary: $28 Million
T.J. Watt's dominance as a pass rusher is evident, leading the NFL in sacks in three of the last four seasons. With 96.5 sacks in 104 games, Watt's consistency and potential for Defensive Player of the Year honors make his $28 million annual salary a worthy investment for the Steelers.
Watt's impact on the Steelers' defense has been profound. His relentless pressure on quarterbacks and ability to make critical plays have established him as one of the league's premier pass rushers. The Steelers' commitment to Watt through his substantial contract reflects their belief in his abilities and the importance of his role in their defensive strategy. As Watt continues to deliver outstanding performances, his contribution to the team's success will be pivotal. His ability to maintain peak performance levels will be key to the Steelers' aspirations and his legacy as one of the league's top defensive players.
Davante Adams, WR, Raiders - Annual Salary: $28 Million
Davante Adams continues to shine despite the Raiders' instability at quarterback. His 2023 season marked his fourth consecutive 1,000-yard campaign, even as Las Vegas dealt with quarterback and coaching changes. At 31, Adams remains a top receiver, crucial for the Raiders' offense.
Adams' ability to perform at a high level regardless of the challenges around him underscores his talent and reliability. His presence in the Raiders' offense provides a consistent and dynamic receiving threat. The Raiders' commitment to Adams through his substantial contract reflects their recognition of his value and the importance of keeping him at the center of their offensive strategy. As Adams continues to deliver outstanding performances, his role in the Raiders' pursuit of success will be crucial. His ability to maintain peak performance levels will be key to the team's aspirations and his legacy as one of the league's top wide receivers.
Penei Sewell, OT, Lions - Annual Salary: $28 Million
The Lions made Penei Sewell the NFL's highest-paid offensive tackle alongside signing Amon-Ra St. Brown. Sewell, the seventh overall pick in the 2020 draft, has been instrumental in protecting Jared Goff and contributing to the Lions' offensive success. At 23, Sewell's future looks bright, and his contract reflects his value on the offensive line.
Sewell's impact on the Lions' offensive line has been significant. His ability to protect the quarterback and contribute to the team's running game has made him a cornerstone of their offensive unit. The Lions' decision to invest heavily in Sewell underscores their belief in his potential and importance to their long-term success. As Sewell continues to develop and hone his skills, his performance will be critical in shaping the Lions' offensive identity and competitiveness in the league.