With Week 1 of the 2024 regular season nearly upon us, it’s a good time to take one last offseason look at the practical contract outlook for every starting QB based on guarantee structure.
Kyler Murray (ARI)
4 years, $150M
Murray’s impressive contract contains early vesting guarantees through 2027. With that said - if Murray can right the ship with a few new weapons, his payouts of $39M, $32M, $42M, & $36M over the next 4 years should hold value in their respective cap climates.
Kirk Cousins (ATL)
2 years, $100M
The guarantee figure consists of Cousins’ 2024 salary, 2025 salary, & $10M of his 2026 compensation, which becomes fully guaranteed next March.
Lamar Jackson (BAL)
3 years, $127M
After an $80M payout in 2023, Lamar’s 2024 cash drops to $31.75M (16th among QBs). Still, he’s well compensated through 2026, with a chance to re-up again before he turns 30.
Josh Allen (BUF)
2 years, $69.5M
The Bills have Allen under contract through the 2028 season, but the early-vesting guarantees fall off after 2025. We detailed a few thoughts on how this scenario may play out in the not so far away future.
Bryce Young (CAR)
3 years, $12.6M
The Panthers have Young fully guaranteed through 2026, with a 5th-year option in place for 2027. He becomes extension-eligible for the first time after 2025.
Caleb Williams (CHI)
4 years, $39M
The Bears have Williams fully guaranteed through 2027, with a 5th-year option in place for 2028. He becomes extension-eligible for the first time after 2026.
Joe Burrow (CIN)
4 years, $173M
Burrow will reel in over $65M cash in 2024 & has already banked over $111M on his new deal. The contract carries early vesting salary/bonuses through 2027, with the final 2 years (2028-2029) built in a pay-as-you-go structure.
Deshaun Watson (CLE)
3 years, $138M
2024 represents Year 3 of Watson’s fully guaranteed 5 year contract, and for now - the outlook remains grim. Cleveland appears poised to carry his full $63.7M cap figure this season to mitigate future cap costs.
Dak Prescott (DAL)
N/A
Prescott’s $29M salary for 2024 will become fully guaranteed next week, but for now - he’s operating on a non-guaranteed expiring contract. The clock is ticking toward March 12th.
Bo Nix (DEN)
4 years, $18M
The Broncos have Nix fully guaranteed through 2027, with a 5th-year option in place for 2028. He becomes extension-eligible for the first time after 2026.
Jared Goff (DET)
4 years, $193M
The Lions took care of Goff to the tune of $80.6M cash in 2024, your standard $54M raise. He’s practically guaranteed through his age-33 season now, with a chance to re-up one last time if the wheels are still churning.
Jordan Love (GB)
3 years, $163M
Love’s zero to 100 career as a starter culminated with a $160M practical guarantee from the Packers this summer. He’ll earn $79M for the upcoming season, $143M through 2026, with a $20M early guarantee hanging out in 2027 for Green Bay to deal with as needed.
C.J. Stroud (HOU)
3 years, $12M
Stroud’s rookie contract is fully guaranteed through 2026, with a 5th-year option available in 2027. Houston is promised at least two more seasons of financial value on this deal, before he becomes extension-eligible after the 2025 campaign.
Anthony Richardson (IND)
3 years, $11.5M
Richardson’s rookie contract is fully guaranteed through 2026, with a 5th-year option available in 2027. He won’t become extension-eligible until after the 2025 season.
Trevor Lawrence (JAX)
5 years, $202M
Jacksonville wasted no time locking in their QB1 during his first eligible offseason. The signing bonus plus 4 option bonus structure keeps him well compensated while tempering the salary cap hits through 2028.
Patrick Mahomes (KC)
4 years, $205.4M
In totality, Mahomes’ contract contains early vesting guarantees all the way through the finish line (8 years, $361.45M). However, last summer’s restructure set things up to operate through the 2027 season, with a pretty clear cut do-over forthcoming, assuming Mahomes is still Mahomes.
Justin Herbert (LAC)
5 years, $228.6M
Herbert’s deal contains significant early guarantees through the 2028 season, making it one of the stronger contracts currently on the books. With an overhaul of the coaching staff and weapon-room now in place, it’s a big year for Herbert to show he can stay above the fray as an elite QB1.
Matthew Stafford (LAR)
1 year, $40M
The Rams sweetened Stafford’s 2024 pot a bit with a $5M cash advance ($36M total in 2024), and an early guarantee on his $4M 2025 roster bonus. It did little to secure his roster spot in 2025 from a financial standpoint, but he can certainly do that on the field this upcoming season.
Gardner Minshew (LV)
1 year, $15.6M
The Raiders signed Minshew away from the Colts with a $15M guarantee, including $3.1M of his 2025 salary. The Week 1 starter has a chance to win this job long-term, which would almost certainly come with a brand new, much more expensive, contract next spring.
Tua Tagovailoa (MIA)
3 years, $152M
Tua’s new deal secures him an extra $20M for 2024 ($43.125M total), and nearly $150M through the 2026 season. Miami can buy him out thereafter at just a $3M cash cost.
Sam Darnold (MIN)
1 year, $10M
McCarthy’s injury becomes yet another chance for Darnold to spotlight himself as a starting NFL QB. He’s had (much) worse weapon sets to work with.
Drake Maye (NE)
4 years, $36M
We’re just going to assume Maye over Brissett here. The Patriots have Maye fully guaranteed through 2027, with a 5th-year option in place for 2028. He becomes extension-eligible for the first time after 2026.
Derek Carr (NO)
1 year, $40M
The $40M guarantee consists of Carr’s $30M 2024 salary, and a $10M roster bonus in 2025. If the wheels fall off this season, that $10M bonus likely becomes a buyout payment, though it’ll factor into a dead cap hit north of $50M for New Orleans.
Daniel Jones (NYG)
1 year, $36M
Jones’ contract was always going to be a 2 year, $82M and then we’ll see, situation. If he can right the ship in 2024, a $30.5M cash salary in 2025 could be considered value for the Giants, but for now this is a big if.
Aaron Rodgers (NYJ)
1 year, $38M
Rodgers is operating year-to-year in NY, and there’s another $37.5M available for him in 2025 if he and the Jets want things to continue.
Jalen Hurts (PHI)
4 years, $184M
Year 2 of Hurts’ extension comes with a $40M paycheck, and the early vesting guarantees on the deal run through 2027.
Justin Fields (PIT)
1 year, $3.2M
Pittsburgh declined a $25.6M option for 2025, giving them a 1 year look at the former #11 overall pick. Even if he’s not named a QB1 out of the gate, it seems highly likely that the offense will contain certain packages built just for his skill set.
Russell Wilson (PIT)
N/A
Wilson’s veteran minimum salary ($1.21M) won’t fully guarantee until Week 1 but it’s locked in for practical purposes. Denver will be on the hook for $39M minus whatever Wilson accrues elsewhere in 2024.
Geno Smith (SEA)
1 year, $22.5M
Smith’s contract was a year-to-year structure out of the gate, so it’s on Seattle to ensure his compensation every February. They’ve done so for 2024 at $22.5M, but it stands to reason that if he remains the option going forward, an extension will be needed come next year ($25M remaining).
Brock Purdy (SF)
N/A
Purdy’s rookie contract has 2 years, $2M remaining through 2025. However, you may have heard, the former #262 overall pick becomes extension-eligible after 2024. He may potentially earn the single biggest raise in NFL history from his current $1.1M salary in 2025.
Baker Mayfield (TB)
1 year, $40M
Mayfield’s upfront security consists of $30M cash in 2024 plus a $10M guarantee on his 2025 compensation. The latter could very well be treated as a buy out if the Buccaneers decide to go in a different direction. But if not, a 2 year, $60M deal could hold value for Tampa Bay.
Will Levis (TEN)
3 years, $4M
Levis’ rookie deal contains full guarantees through 2024, 2025 & 62% of his 2026 salary, the final year of his contract. He’ll be eligible for an extension after the 2025 season.
Jayden Daniels (WSH)
4 years, $37M
The Commanders have Daniels fully guaranteed through 2027, with a 5th-year option in place for 2028. He becomes extension-eligible for the first time after 2026.