The Eagles announced on Monday morning that Jalen Hurts and the franchise has agreed to terms on a five-year contract extension through the 2028 season.
The Eagles and QB Jalen Hurts have reached a five-year extension averaging an NFL-record $51 million per year, source confirms to @YahooSports. $255 million total value. $179M guaranteed.
— Jori Epstein (@JoriEpstein) April 17, 2023
The moves secure Hurts with Philadelphia for the future while allowing GM Howie Roseman to strike first on resetting the quarterback market.
Hurts gets a no-trade clause in the deal while freeing up about $2 million in cap space for the Eagles to continue retooling the roster.
With the offseason program one week away, here’s an instant move analysis.
Hurts gets an elite deal
The no-trade clause solidifies the quarterback’s status in Philadelphia, and places Hurts among the elite players in his position.
$179.3 new money guarantee is second in NFL history only to Deshaun Watson, per source. And the first contract with this guarantee that includes a no-trade clause.
Jalen Hurts’ agent Nicole Lynn negotiated this contract with Eagles.
— Jori Epstein (@JoriEpstein) April 17, 2023
Hurts has improved leaps and bounds
Hurts took the job from Carson Wentz in 2020 and entered the 2021 NFL season with questions about his accuracy and ability to read NFL defenses.
Under new Head Coach Nick Sirianni, Hurts led the Eagles to the playoffs last season, throwing 16 touchdown passes against only nine interceptions and completing 61.3 percent of his passes for 3,144 yards.
One of the NFL’s top dual-threat quarterbacks, Hurts rushed for 784 yards (5.6 yards per attempt) and ten touchdowns.
In 2022, he was an All-Pro and the MVP runner-up after leading Philadelphia to a Super Bowl appearance against Patrick Mahomes and the Chiefs.
Highest paid quarterbacks in the NFL 2023
As it stands now, before Hurts puts pen to paper, the total value falls behind only Josh Allen ($258M) and Patrick Mahomes ($450M).
The $179 million guaranteed puts Hurts behind only Deshaun Watson’s $230 million and just ahead of Russell Wilson’s $165 million per Over The Cap.
The $51 million average per year puts Hurts ahead of Aaron Rodgers ($50.2M).
What's next
The NFL’s top offense remains intact, and Philadelphia will now look towards the start of the offseason program and the draft.
The Eagles could add another running back while spending the remaining resources on retooling a defense that saw five starters depart.