Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Chargers, QB Justin Herbert agree to 5-year extension worth $262.5 million, AP source says

Justin Herbert is set to become the NFL’s highest-paid quarterback by annual salary, agreeing to a five-year, $262.5 million extension with the Los Angeles Chargers on Tuesday

Joe Reedy
Wednesday 26 July 2023 02:36 BST
Chargers Training Camp Football
Chargers Training Camp Football (Copyright 2023 The Associated Press. All rights reserved)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Justin Herbert is set to become the NFL's highest-paid quarterback by annual salary, agreeing to a five-year, $262.5 million extension with the Los Angeles Chargers on Tuesday.

Herbert's total value and $52.5 million average per season surpasses the $260 million, five-year extension ($52 million average) Baltimore's Lamar Jackson signed three months ago. Herbert will get $218.7 million guaranteed, which is second to the fully guaranteed $230 million deal Deshaun Watson signed with Cleveland in 2022, a person close to the negotiations told The Associated Press.

The person spoke to The AP on condition of anonymity because the Chargers did not release the financial details.

The team and Herbert agreed to the extension on the first day of training camp. The Chargers’ first practice will be Wednesday.

Herbert is the second member of the 2020 draft class to sign a big extension, after Philadelphia’s Jalen Hurts signed a five-year extension worth $255 million.

Herbert’s contract also sets the playing field for the Cincinnati Bengals and Joe Burrow. Bengals owner Mike Brown on Monday said talks are ongoing.

Kansas City's Patrick Mahomes is in the third year of a 10-year contract worth $450 million, the largest overall deal for a quarterback.

The 25-year-old Herbert — the sixth overall pick in 2020 — is the first quarterback in NFL history to begin his career with three consecutive seasons of at least 4,000 passing yards and is one of two players to throw 25 touchdown passes in each of his first three years.

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

Despite Herbert's numbers, he hasn't pushed the Chargers into the echelon of Super Bowl contenders. Los Angeles is 25-25 including the playoffs with Herbert under center.

Last season, the Chargers went 10-7 and reached the postseason for the first time since 2018. They blew a 27-point first-half lead and lost to Jacksonville 31-30 in the first round of the playoffs.

Herbert was set to enter the final year of his rookie contract and had a base salary of $4.2 million for the upcoming season. The Chargers picked up his fifth-year option for 2024 worth $29.5 million.

___

AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in