Philadelphia Eagles quarterback Jalen Hurts has become a household name and one of the best QBs in the NFL. But is he paid like one of the league’s elite signal callers? After leading the Eagles to Super Bowl LVII and becoming an All-Pro, Hurts signed a new contract. Let’s examine that deal, his current salary, his net worth, and his career earnings.
Jalen Hurts’ Contract and 2024 Salary?
In April 2023, the Eagles and Hurts agreed to a five-year, $255 million deal.
The contract features $179.304 million in guarantees and a no-trade clause. He’ll receive $110 million fully guaranteed and $126.5 million before the second year of the contract. Hurts can earn another $15 million via incentives.
Hurts is under contract with Philadelphia through the 2028 season. The Eagles used a triple-option bonus structure with Hurts’ deal to keep his cap charges low for now, but the contract will have to be reworked in the future.
His 2024 cap hit is just $13,558,000, but it will escalate in the coming years:
- 2025: $21,769,800
- 2026: $31,771,800
- 2027: $41,149,000
- 2028: $47,149,000
Hurts’ average annual salary is $51 million, which makes him the ninth-highest-paid quarterback in the NFL. Hurts was the highest-paid player in the league when he initially signed his deal.
However, in terms of average annual value, he has since been surpassed by Baltimore Ravens QB Lamar Jackson ($52 million), Los Angeles Chargers QB Justin Herbert ($52.5 million), Detroit Lions QB Jared Goff ($53 million), Miami Dolphins QB Tua Tagovailoa ($53.1 million), Jacksonville Jaguars QB Trevor Lawrence ($55 million), Green Bay Packers QB Jordan Love ($55 million), Cincinnati Bengals QB Joe Burrow ($55 million), and Dallas Cowboys QB Dak Prescott ($60 million).
When asked why he didn’t push for a fully guaranteed contract, Hurts replied: “Money is nice, championships are better.”
Jalen Hurts is now the NFL's highest-paid player ever after signing his $255 million extension.
The Eagles QB was asked why he didn't want a fully guaranteed contract.
His response: "Money is nice, championships are better."pic.twitter.com/9t8LYLemmK
— Front Office Sports (@FOS) April 24, 2023
Hurts’ lucrative payday is a significant increase from his rookie contract, which paid him a little over $6 million for four years, including a $1.9 million signing bonus and $2.8 million in guaranteed money.
That’s still life-changing money for most, but Hurts’ new contract pays him 34 times his previous salary. This enormous contract has obviously impacted Hurts’ net worth.
Hurts’ Net Worth and Career Earnings
The Eagles’ star quarterback has a net worth of approximately $30 million. His estimated net worth increased by roughly $10 million after he signed his lucrative extension.
If we count his current salary, Hurts’ career earnings are $68,897,559.
However, that figure only takes into account his NFL contracts. This doesn’t include his endorsement deals with companies such as Lemon Perfect, Gillette, Pepsi, Louisiana Hot Sauce, Kellog’s, Truist, Oikos Protein, and Columbia, among others.
For reference, New York Jets quarterback Aaron Rodgers has the highest career earnings in NFL history, with $342,496,898 earned and a $200 million net worth.
Hurts has the same net worth as Tagovailoa, San Francisco 49ers running back Christian McCaffrey, and Kansas City Chiefs tight end Travis Kelce.
The quarterback market continues to surge with each new contract that is signed. 49ers QB Brock Purdy is next in line for a new deal, so it will be interesting to see where the former Mr. Irrelevant ranks among the NFL’s highest-paid quarterbacks after he inks his new deal.
Hurts is only 26 years old, so given his talent and the paydays that quarterbacks are receiving these days, his earning potential is through the roof.