So, you want to know who was the highest paid NFL player, huh? Grab your coffee, because this rabbit hole involves a lot of zeros. We’re talking “buy a small country” kind of money.
Right now, the crown sits on Patrick Mahomes’ head. But here’s the twist: it’s not just about the sticker price. The NFL salary cap is a weird, beautiful monster.
Mahomes signed a ten-year, $450 million extension in 2020. That’s insane, right? It made him the face of the league’s financial future.
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But—and this is a big, juicy “but”—his average yearly salary isn’t the highest right now. Wait, what? Yeah, the numbers can lie a little.
You see, Jalen Hurts from the Eagles just inked a deal that pays him more per season. Hurts got a massive $255 million extension, averaging $51 million a year.
So, is Hurts the highest paid? Technically, on an annual basis, yes. But Mahomes’ contract total is still the biggest overall moonshot ever signed.
The Rest of the 9-Figure Club
Then you have Joe Burrow and Justin Herbert who joined the $50 million-a-year club. The Bengals and Chargers basically said, “Here, take all the cap space.”
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Lamar Jackson? Yep, he got his fully guaranteed $260 million from the Ravens. He broke the guarantee barrier, which is a bigger flex than the total dollars.
It’s like a game of financial whack-a-mole. Every time one guy signs, the next guy’s agent demands more. Quarterbacks are the kings of this hill.
But here’s a fun fact: Dak Prescott of the Cowboys has the highest cap hit ever for a single season. In 2024, he takes up a whopping $59 million of Dallas’ salary cap. Talk about putting your eggs in one quarterback-y basket.
What About Non-Quarterbacks?
You might be wondering, “What about the dudes who actually catch or tackle?” Good question. Non-QBs exist, but they get significantly less.
The highest paid non-quarterback is currently a tie between pass rushers Nick Bosa of the 49ers and T.J. Watt of the Steelers. Both make around $34 million a year.
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That’s still “buy a nice island” money, but it’s half of what Mahomes or Burrow get. It’s almost unfair, isn’t it? They’re the ones killing themselves on every snap.
Wide receivers like Tyreek Hill and Davante Adams are close, pulling in $30 million annually. But they’re still playing in the quarterback’s financial shadow.
Imagine being a left tackle. You protect the golden boy’s blindside for a decade, and you’re lucky to get $25 million per year. The disrespect is real, my friend.
The Historical Gods of Money
Let’s time travel a bit. Before Mahomes, Russell Wilson was the highest paid. Then it was Aaron Rodgers. Before them, Drew Brees and Peyton Manning were crushing the market.
But go back to the 90s, and the numbers look hilarious. John Elway signed a deal in 1998 for $11.25 million a year. People lost their minds.
This chart of the highest-paid NFL players at every position is filled
Today, that’s what a decent backup punter might make. Inflation is a wild, wild thing.
The all-time inflation-adjusted king, though, is probably Joe Montana from the 80s. If you account for the modern cap, his San Francisco contracts were massive for their time.
The Catch: Guaranteed Money
Here’s the secret sauce: guaranteed money. That’s the real “highest paid” flex. Deshaun Watson’s deal with the Browns is fully guaranteed at $230 million.
So Watson might not have the highest annual salary right now, but his guarantee is historically huge. He gets paid even if he never plays another down. Cha-ching.
Mahomes’ contract has a lot of fluff years at the end. Fluff years are team options or fake money that disappears if he gets cut. It’s all a beautiful, complex illusion.
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So, to answer your question bluntly: Patrick Mahomes is the highest paid in total contract value. But Jalen Hurts and Joe Burrow pull in more cash per season right now.
And if you care about guaranteed cash? That’s Deshaun Watson or Lamar Jackson, depending on the year you check. Confused yet? Good. That’s how the NFL wants it.
It’s a moving target, honestly. Every summer, some new quarterback signs a megadeal that resets the market. By the time you finish reading this, Trevor Lawrence or Tua Tagovailoa might have just gotten richer.
The only real loser in all this? The team’s salary cap. And maybe your fantasy team’s budget.
So, the next time you see a quarterback miss a wide-open receiver, just remember: that guy is making $50 million a year. Missed passes suddenly feel a lot more expensive, don’t they?