NFL QB salaries: These are the highest-paid quarterbacks in 2023

Patrick Mahomes restructured his deal to became the latest quarterback to receive a raise


Money is not a problem for elite NFL signal-callers. 

Aaron Rodgers, Patrick Mahomes and Josh Allen have more in common than just their desire for Super Bowl rings – they all make boatloads of cash playing one of the most lucrative positions in sports. 

Rodgers, the highest-paid player in the NFL this past season, was set to make a whopping $50.3 million in 2023 during the 39-year-old quarterback's first season with the New York Jets before restructuring his deal -- a contract that won't change, even after his season-ending injury.

Mahomes, meanwhile, is coming off his second Super Bowl title and is sitting comfortable after inking a massive, 10-year deal with the Kansas City Chiefs in 2020. He added to his deal on Monday, restructuring his contract to receive a raise for the next several seasons.

Despite their combined success, neither Rodgers nor Mahomes are set to be the highest-paid QB in 2023.

Who is the NFL’s highest-paid quarterback?

Jalen Hurts was the highest paid player in the NFL … for a few days. 

He soared into the top spot for average annual value on April 17 after landing a five-year, $255 million deal with the Philadelphia Eagles. The deal included nearly $180 million in guarantees, the second-most for a player in NFL history.

Just 10 days later, Baltimore Ravens quarterback Lamar Jackson reached a record-breaking extension with a five-year deal for $260 million, making him the NFL’s highest-paid player.

Justin Herbert took the belt from Jackson right as teams returned to the field for training camps. The Los Angeles Chargers signal-caller inked a reported five-year, $262.5 million extension, giving him the highest average annual salary in the NFL. Herbert’s deal reportedly comes with $133.7 million fully guaranteed and a potential guarantee of $218.7 million.

The latest became Joe Burrow on opening night Thursday. The Cincinnati Bengals and Burrow reportedly agreed to a five-year, $275 million extension, which makes the 26-year-old quarterback the highest-paid player in NFL history.

Mahomes still isn't the highest-paid on an average basis, but his restructured deal does bump him into the upper echelon of QB salaries. The two-time MVP reportedly is set to make $210.6 million from 2023 to 2026, the most money ever over a four-year span.

Here's the top 20 in QB salaries for this season:

Highest NFL QB salaries in 2023

Here are the salary rankings for the top-20 quarterbacks in 2023 based on average annual value, per Spotrac:

1. Joe Burrow, Bengals: $55 million

2. Patrick Mahomes, Chiefs: $52.65 million

3. Justin Herbert, Chargers: $52.5 million

4. Lamar Jackson, Ravens: $52 million 

5. Jalen Hurts, Eagles: $51 million

6. Russell Wilson, Broncos: $48.5 million

7. Kyler Murray, Cardinals: $46.1 million

8. Deshaun Watson, Browns: $46 million

9. Josh Allen, Bills: $43 million

T-10. Matthew Stafford, Rams: $40 million

T-10. Dak Prescott, Cowboys: $40 million

T-10. Daniel Jones, Giants: $40 million

T-13. Aaron Rodgers, Packers: $37.5 million

T-13. Derek Carr, Saints: $37.5 million

15. Kirk Cousins, Vikings: $35 million

16. Jared Goff, Lions: $33.5 million

17. Ryan Tannehill, Titans: $29.5 million

18. Geno Smith, Seahawks: $25 million

19. Jimmy Garoppolo, Raiders: $24.3 million

20. Jordan Love, Packers: $13.5 million

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