About Boardroom

Boardroom is a media network that covers the business of sports, entertainment. From the ways that athletes, executives, musicians and creators are moving the business world forward to new technologies, emerging leagues, and industry trends, Boardroom brings you all the news and insights you need to know...

At the forefront of industry change, Boardroom is committed to unique perspectives on and access to the news, trending topics and key players you need to know.

All Rights Reserved. 2022.

Biggest NFL Contracts of the 2023 Offseason

Last Updated: September 13, 2023
From record-breaking extensions to major splashes in free agency, check out the most expensive contracts players are signing ahead of the 2023 NFL season.

If you thought the money was flowing ahead of the 2022 NFL season, you’re gonna love what this year has in store. With a former MVP hitting free agency and the stars of the 2020 NFL Draft class becoming eligible for contract extensions for the very first time, you’d best prepare yourself for over a billion buckos to be committed to quarterbacks alone.

Perhaps well over a billion.

So, as pen hits paper and head-turning, eye-popping deals get locked in — whether via free agency, extensions, or the much-maligned franchise tag — Boardroom is keeping a running count of the biggest, most expensive bags around the league, from Daniel Jones to Derek Carr to Roquan and Geno Smith (no relation!) and all points beyond.

Oh, and Lamar Jackson’s record-setting deal that pays him more on a per-season basis than any player ever.

Witness the biggest NFL contracts of 2023 below. And don’t forget to breathe when you see all those zeroes.

Want More From the Business of the NFL?

Sign up for Boardroom’s newsletters today and never miss a contract, trade, or hire.

Largest NFL Contracts Signed This Offseason

All numbers reflect total contract values via Spotrac unless otherwise noted.

Bengals QB Joe Burrow: $275,000,000

  • Type: Extension
  • Years: 5
  • Average annual value: $52,500,000
  • Guaranteed money: $219,010,000
  • 2023 salary: Not reported

Click here to read Boardroom’s deep dive on Burrow’s extension with the Bengals.

Chargers QB Justin Herbert: $262,500,000

  • Type: Extension
  • Years: 5
  • Average annual value: $52,500,000
  • Guaranteed money: $218,738,376
  • 2023 salary: $17,138,376

Click here to read Boardroom’s deep dive on Herbert’s extension with the Chargers.

Ravens QB Lamar Jackson: $260,000,000

  • Type: Extension
  • Years: 5
  • Average annual value: $52,000,000
  • Guaranteed money: $135,000,000
  • 2023 salary: $80,000,000

Click here to read Boardroom’s deep dive on Lamar’s extension with the Ravens.

Eagles QB Jalen Hurts: $255,000,000

  • Type: Extension
  • Years: 5
  • Average annual value: $51,000,000
  • Guaranteed money: $179,399,000
  • 2023 salary: $24,304,000

Click here to read the full details on Hurts’ extension with the Eagles.

49ers EDGE Nick Bosa: $170,000,000

  • Type: Extension
  • Years: 5
  • Average annual value: $34,000,000
  • Guaranteed money: $122,500,000
  • 2023 salary: Not reported

Click here to read Boardroom’s deep dive on Bosa’s 49ers extension.

Giants QB Daniel Jones: $160,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $40,000,000
  • Guaranteed money: $92,000,000
  • 2023 salary: $46,000,000

Click here to read Boardroom’s deep dive on Jones’ contract with the G-Men.

Saints QB Derek Carr: $150,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $37,000,000
  • Guaranteed money: $100,000,000
  • 2023 salary: $20,000,000

Click here to read Boardroom’s deep dive on Carr’s contract with New Orleans.

Giants T Andrew Thomas: $117,500,000

  • Type: Extension
  • Years: 5
  • Average annual value: $23,500,000
  • Guaranteed money: $67,000,000
  • 2023 salary: Not reported

NOTE: The New York Jets negotiated a contract restructure with quarterback Aaron Rodgers worth $112.5 million. Since the deal does not contain new money or additional years, it will not be included on this list click here for the full details.

Falcons G Chris Lindstrom: $102,500,000

  • Type: Extension
  • Years: 5
  • Average annual value: $20,500,000
  • 2023 salary: $35,702,000
  • Guaranteed money: $48,202,000

Ravens LB Roquan Smith: $100,000,000

  • Type: Extension
  • Years: 5
  • Average annual value: $20,000,000
  • Guaranteed money: $60,000,000
  • 2023 salary: $27,000,000

Cowboys CB Trevon Diggs: $97,000,000

  • Type: Extension
  • Years: 5
  • Average annual value: $19,400,000
  • Guaranteed money: $42,304,000
  • 2023 salary: $22,304,000

Jets DT Quinnen Williams: $96,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $24,000,000
  • Guaranteed money: $66,000,000
  • 2023 salary: $26,094,000

Titans DT Jeffrey Simmons: $94,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $23,500,000
  • Guaranteed money: $59,330,000
  • 2023 salary: $25,580,000

Commanders DT Daron Payne: $90,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $22,500,000
  • 2023 salary: $31,010,000
  • Guaranteed money: $59,010,000

Giants DT Dexter Lawrence: $87,500,000

  • Type: Extension
  • Years: 4
  • Average annual value: $24,253,000
  • 2023 salary: $20,000,000
  • Guaranteed money: $60,000,000

Broncos T Mike McGlinchey: $87,500,000

  • Type: Free agency
  • Years: 5
  • Average annual value: $17,500,000
  • 2023 salary: $20,000,000
  • Guaranteed money: $50,000,000

Cowboys T Terence Steele: $86,800,000

  • Type: Extension
  • Years: 5
  • Average annual value: $17,360,000
  • 2023 salary: $4,304,000
  • Guaranteed money: $50,000,000

49ers DT Javon Hargrave: $84,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $21,000,000
  • 2023 salary: $25,015,000
  • Guaranteed money: $40,000,000

Eagles T Lane Johnson: $80,750,000

  • Type: Extension
  • Years: 4
  • Average annual value: $20,000,000
  • 2023 salary: $20,000,000
  • Guaranteed money: $30,000,000

Chiefs T Jawaan Taylor: $80,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $20,000,000
  • 2023 salary: $20,000,000
  • Guaranteed money: $60,000,000

Seahawks QB Geno Smith: $75,000,000

  • Type: Extension
  • Years: 3
  • Average annual value: $25,000,000
  • 2023 salary: $27,500,000
  • Guaranteed money: $40,000,000

Click here to read Boardroom’s deep dive on Smith’s contract with Seattle.

Texans T Laremy Tunsil: $75,000,000

  • Type: Extension
  • Years: 3
  • Average annual value: $25,000,000
  • 2023 salary: $18,250,000
  • Guaranteed money: $60,000,000

Raiders QB Jimmy Garoppolo: $72,750,000

  • Type: Free agency
  • Years: 3
  • Average annual value: $22,500,000
  • 2023 salary: $24,250,000
  • Guaranteed money: $34,000,000

Click here to read Boardroom’s deep dive on Jimmy G’s contract with Las Vegas.

Bears LB Tremaine Edmunds: $72,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $18,000,000
  • 2023 salary: $22,000,000
  • Guaranteed money: $50,000,000

Lions TE T.J. Hockenson: $68,500,000

  • Type: Extension
  • Years: 4
  • Average annual value: $17,125,000
  • 2023 salary: $9,392,000
  • Guaranteed money: $42,500,000

Bills DT Ed Oliver: $68,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $17,000,000
  • 2023 salary: $16,778,000
  • Guaranteed money: $45,000,000

Steelers LB Alex Highsmith: $68,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $17,000,000
  • 2023 salary: Not reported
  • Guaranteed money: $27,000,000

Bengals T Orlando Brown: $64,092,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $16,023,000
  • 2023 salary: $33,723,000
  • Guaranteed money: $43,000,000

Falcons S Jessie Bates: $64,020,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $16,005,000
  • 2023 salary: $23,000,000
  • Guaranteed money: $36,000,000

Browns DT Dalvin Tomlinson: $57,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $14,250,000
  • 2023 salary: $16,415,000
  • Guaranteed money: $27,500,000

Texans T Tytus Howard: $56,000,000

  • Type: Extension
  • Years: 3
  • Average annual value: $18,666,667
  • 2023 salary: Not reported
  • Guaranteed money: $36,500,000

Dolphins CB Jalen Ramsey: $55,000,000

  • Type: Restructured extension
  • Years: 3
  • Average annual value: $18,333,333
  • 2023 salary: $10,000,000
  • Guaranteed money: $35,500,000

Click here to read Boardroom’s commentary on the Dolphins’ acquisition of Jalen Ramsey.

Broncos G Ben Powers: $52,000,000

  • Type: Free agency
  • Years: 3
  • Average annual value: $22,500,000
  • 2023 salary: $15,000,000
  • Guaranteed money: $28,500,000

Buccaneers CB Jamel Dean: $52,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $13,000,000
  • 2023 salary: $13,000,000
  • Guaranteed money: $26,000,000

Seahawks DE Dre’Mont Jones: $51,530,000

  • Type: Free agency
  • Years: 3
  • Average annual value: $17,176,667
  • 2023 salary: $23,510,000
  • Guaranteed money: $30,000,000

Bears TE Cole Kmet: $50,000,000

  • Type: Extension
  • Years: 4
  • Average annual value: $12,500,000
  • 2023 salary: $12,993,000
  • Guaranteed money: $32,800,000

Broncos DE Zach Allen: $47,750,000

  • Type: Free agency
  • Years: 3
  • Average annual value: $15,250,000
  • 2023 salary: $17,250,000
  • Guaranteed money: $32,500,000

Jets WR Allen Lazard: $44,000,000

  • Type: Free agency
  • Years: 4
  • Average annual value: $11,000,000
  • 2023 salary: $12,000,000
  • Guaranteed money: $22,000,000

Eagles CB Darius Slay: $42,000,000

  • Type: Extension
  • Years: 2
  • Average annual value: $21,000,000
  • 2023 salary: $17,500,000
  • Guaranteed money: $30,050,000

Jaguars TE Evan Engram: $41,500,000

  • Type: Extension
  • Years: 3
  • Average annual value: $13,750,000
  • 2023 salary: $15,000,000
  • Guaranteed money: $24,000,000

Giants LB Bobby Okereke: $40,000,000

  • Type: Free agency
  • Years: 3
  • Average annual value: $10,000,000
  • 2023 salary: $14,000,000
  • Guaranteed money: $22,000,000

More Contracts & Salaries: