Chargers, QB Justin Herbert comply with 5-year extension value $262.5 million, AP supply says

NFL

The Chargers made Justin Herbert the richest quarterback within the NFL on Tuesday.

FILE – Los Angeles Chargers quarterback Justin Herbert (10) runs a drill through the NFL soccer staff’s camp Monday, Might 22, 2023, in Costa Mesa, Calif. (AP Photograph/Jae C. Hong, FIle) AP

By JOE REEDY, Related Press

Justin Herbert is about to grow to be the NFL’s highest-paid quarterback by annual wage, agreeing to a five-year, $262.5 million extension with the Los Angeles Chargers on Tuesday.

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Herbert’s complete worth and $52.5 million common per season surpasses the $260 million, five-year extension ($52 million common) Baltimore‘s Lamar Jackson signed three months in the past. Herbert will get $218.7 million assured, which is second to the totally assured $230 million deal Deshaun Watson signed with Cleveland in 2022, an individual near the negotiations instructed The Related Press.

The particular person spoke to The AP on situation of anonymity as a result of the Chargers didn’t launch the monetary particulars.

The staff and Herbert agreed to the extension on the primary day of coaching camp. The Chargers’ first apply will likely be Wednesday.

Herbert is the second member of the 2020 draft class to signal an enormous extension, after Philadelphia’s Jalen Hurts signed a five-year extension value $255 million.

Herbert’s contract additionally units the taking part in area for the Cincinnati Bengals and Joe Burrow. Bengals proprietor Mike Brown on Monday mentioned talks are ongoing.

Kansas Metropolis’s Patrick Mahomes is within the third 12 months of a 10-year contract value $450 million, the biggest general deal for a quarterback.

The 25-year-old Herbert — the sixth general decide in 2020 — is the primary quarterback in NFL historical past to start his profession with three consecutive seasons of at the least 4,000 passing yards and is certainly one of two gamers to throw 25 landing passes in every of his first three years.

Since getting into the league, Herbert is second within the league in completions (1,316), third in passing yards (14,089) and sixth in TD passes (102).

Regardless of Herbert’s numbers, he hasn’t pushed the Chargers into the echelon of Tremendous Bowl contenders. Los Angeles is 25-25 together with the playoffs with Herbert underneath heart.

Final season, the Chargers went 10-7 and reached the postseason for the primary time since 2018. They blew a 27-point first-half lead and misplaced to Jacksonville 31-30 within the first spherical of the playoffs.

Herbert was set to enter the ultimate 12 months of his rookie contract and had a base wage of $4.2 million for the upcoming season. The Chargers picked up his fifth-year possibility for 2024 value $29.5 million.