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.

Joe Burrow Contract & Salary Breakdown

The face of the Bengals has secured his future in rip-roaring fashion — check out all the numbers behind Cincinnati’s massive Joe Burrow contract extension.

A year ago, we saw Joe Burrow key a famous Cincinnati Bengals run to the Super Bowl. You would have to forgive us if we were already looking ahead to what that milestone meant for a possible contract extension when he became eligible for the first time ahead of the 2023 season, because we were.

This year, Jalen Hurts — like Burrow, a 2020 NFL Draft selection and therefore on the same extension eligibility schedule — did the very same thing. Hurts steered the Philadelphia Eagles to a conference championship. A couple of short months later, he secured a record-setting deal that made him the highest-paid NFL player in history by average annual contract value. Hurts’ record was quickly eclipsed by Justin Herbert‘s five year and $262.5 million contract with the Chargers.

Well, we now have all the proof we need that the Philly phenom set the market in an explosive offseason of quarterback spending. As first reported by Adam Schefter, the Cincy signal-caller is now the owner of the richest contract in NFL history: five years and an incredible $275 million.

Nice work if you can get it, and the surest sign yet that Burrow figures to be the face of this franchise into his 30s at the very, very least.

The news arrives as the former LSU Tigers national champ and Heisman Trophy winner was due to enter the final year of his rookie-scale contract. He was scheduled to make $5.5 million in 2023, but we can now fully expect singing bonus money from the new deal to sweeten his salary number here and now even before the extension years officially kick in.

With that in mind, let’s take a closer look at the numbers behind the Bengals’ rip-roaring Joe Burrow contract extension.

Sign up for our newsletter

Get on our list for weekly sports business, industry trends, interviews, and more.

Joe Burrow Contract Extension & Salary Details

All dollar figures as reported by ESPN’s Adam Schefter.

Years: 5
Total value: $275 million
Average annual value: $55 million
Guaranteed at signing: Not reported
Total guaranteed money: $219.01 million
Free agency: 2029

Click here for the full details of Burrow’s four-year rookie-scale contract, which contained a potential fifth-year team option for 2024 worth over $29 million.

Joe Burrow’s Career Earnings

Salary data via Spotrac.



Read More:

About The Author
Sam Dunn
Sam Dunn
Sam Dunn is the Managing Editor of Boardroom. Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. A specialist in content strategy, copywriting, and SEO, he has additionally worked as a digital consultant in the corporate services, retail, and tech industries. He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. Follow him on Twitter @RealFakeSamDunn.