According to a source who spoke to ESPN’s Adam Schefter, Arizona Cardinals quarterback Kyler Murray has agreed to a five-year agreement worth $230.5 million, making him one of the highest-paid quarterbacks in the NFL.
A source tells Schefter that the deal, which runs through the 2028 season, includes a $160 million injury guarantee. Sources tell Sports Illustrated that Murray will receive a total of $105 million, which is guaranteed upon signing the contract.
The average annual value of Murray’s contract is $46.1 million, which is second only to Packers quarterback Aaron Rodgers’ $50.3 million contract. The Browns’ Deshaun Watson has an annual salary of $46 million, while Patrick Mahomes, the Chiefs’ standout quarterback, earns $45 million.
Only Watson’s $230 million fully guaranteed contract with the Browns has a higher guarantee in NFL history than Murray’s.
On Thursday, the Cardinals announced Murray’s five-year contract deal but did not reveal the terms. Newly acquired receiver Marquise “Hollywood” Brown and star safety Budda Baker took to Twitter to compliment Murray on his impressive performance.
According to Schefter, Murray’s agent Erik Burkhardt and Cardinals general manager Steve Keim negotiated the contract into the night Wednesday before finalizing it Thursday morning.
After the Cardinals activated their fifth-year option on his contract in April, Murray, 24, was already under contract through the 2023 season.
For now, the Arizona Cardinals are stuck with just two Instagram postings from last year’s Heisman Trophy winner, as Murray deleted all but one from his time at Oklahoma and the Pro Bowl.
To put it another way, Keim said earlier in the year there was “zero chance” Murray would be traded and indicated a long-term deal could be finalized at some point during the summer
After the organization has had the chance to “take a deep breath and sort of refocusing” after free agency and this year’s NFL draught, similar to negotiation timelines that culminated in lucrative deals for other third-year quarterbacks like Mahomes and Buffalo Bills star Josh Allen.
The Cardinals selected Murray No. 1 overall in the 2019 draught, and he has since gone on to establish himself as one of the league’s top young quarterbacks. While setting records, he led the Cardinals from five wins in 2019 to eight in 2020, and 11 the following year.
At least 70 throwing touchdowns, 20 running touchdowns, 3,500 yards passing, and 400 rushing yards in his first three seasons is the first time in NFL history that someone has achieved this feat. In his first three seasons, he had the best total completion rate of any player (66.86 percent).
Offensive Rookie of Year in 2019 and Pro Bowler in each of the last two seasons were also accolades for Murray.
Despite winning six of its final nine games, the Arizona Cardinals failed to make the postseason in 2020 after dropping a pair of must-win games to close off the season. Murray was out for much of the second half of the 2020 season because of an ankle injury, and he spent the offseason blaming himself for the Cardinals’ failure to make the playoffs.
The Cardinals, on the other hand, appeared to have worked out their kinks by the end of 2021. When the season began, they were 7-0, and Murray was a candidate for MVP. In the following weeks, he was sidelined with an ankle injury and missed three games for the Arizona Cardinals, who finished the regular season 4-6 and lost to the Los Angeles Rams in the NFC wild-card round.
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