CINCINNATI (AP) — Cincinnati Bengals quarterback Joe Burrow became the highest-paid player in the NFL on Thursday, agreeing to a five-year, $275 million contract extension, according to a person familiar with the deal.
The contract includes more than $219 million guaranteed, said the person, who spoke on condition of anonymity because it hadn't been announced.
Signing the 2022 Pro Bowler and 2021 AP NFL Comeback Player of the Year to an extension was a goal of the team this summer, but the deal wasn't finalized until three days before the Bengals' season opener at Cleveland. Burrow had season-ending knee surgery in 2020, his rookie year. He immediately became one of the NFL's best passers upon his return. The notoriously frugal Bengals had not reached a Super Bowl since 1998 or even recorded a playoff win since 1990.
Herbert’s total value and $52.5 million average per season surpassed the $260 million, five-year extension that Baltimore’s Lamar Jackson signed in April. Deshaun Watson agreed to a fully guaranteed $230 million deal with Cleveland in 2022.
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