• Loading stock data...
Tuesday, June 24, 2025

Chargers’ Justin Herbert Signs NFL Record $262.5 Million Deal

  • The five-year contract extension for Herbert includes $218 million guaranteed.
  • Herbert is the third quarterback this offseason to sign a record contract, following Lamar Jackson and Jalen Hurts.
Herbert is the third quarterback this offseason to sign a record contract, following Lamar Jackson and Jalen Hurts.
Syndication: USA TODAY

Los Angeles Chargers quarterback Justin Herbert has signed the richest deal ever for an NFL player via a five-year, $262.5 million contract extension to keep him with the franchise through 2029.

Herbert is the third quarterback this offseason to set the NFL’s contract record, following the $260 million extension the Baltimore Ravens gave Lamar Jackson and the $255 million deal the Philadelphia Eagles gave Jalen Hurts. Herbert is also the second quarterback ever to get $200 million in guaranteed salary, as his new deal’s $218M guaranteed ranks only behind the $230 million fully guaranteed deal Deshaun Watson signed with the Cleveland Browns.

It’s been a busy NFL offseason for players getting record contracts, as left tackle Andrew Thomas re-signed with the New York Giants on a five-year $117.5 million extension that includes an offensive-line record $67M fully guaranteed at signing, according to Adam Schefter. 

Since entering the NFL as this sixth overall pick in 2020, Herbert has thrown for 14,089 yards with 94 touchdowns and 35 interceptions while compiling a 96.2 passer rating. However, he has yet to lead the Chargers to a playoff win in his three seasons. 

Here’s a look at the NFL’s five highest-paid quarterbacks for 2023, per Spotrac.

RankPlayerTeamAverage Salary
1Justin HerbertChargers$52.5M
2Lamar JacksonRavens$52M
3Jalen HurtsEagles$51.3M
4Aaron RodgersJets$50.2M
5Russell WilsonBroncos$48.5M

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Woody Johnson, primary owner of the New York Jets, is shown, at the Atlantic Health Jets Training Center, Monday, January 27, 2025, in Florham Park.

Premier League’s NFL Ties Deepen As Jets Owner Buys Crystal Palace

John Textor was at risk of running afoul of the UEFA’s ownership rules.
Noah Lyles

Tyreek Hill–Noah Lyles Race Is Off for ‘Personal Reasons’

Lyles and Hill agreed to a race in February with few concrete details.
Feb 9, 2025; New Orleans, LA, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) against the Philadelphia Eagles in Super Bowl LIX at Ceasars Superdome.

Former Chiefs Employee Sues for Racial Discrimination

Ramzee Robinson says the Chiefs paid Black employees less than white ones.

Featured Today

Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.
Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field
June 21, 2025

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Jun 10, 2025; Nashville, Tennessee, USA; United States head coach Mauricio Pochettino stands during the anthem against the Switzerland during the first at Geodis Park
June 14, 2025

Gold Cup Is Complicated for USMNT—but U.S. Soccer Has Its Eyes on..

Uncertain tournament success isn’t fazing forward-looking U.S. soccer.

Ryder Cup Gets Wilder As Bradley Could Play Dual Role

The biggest Ryder Cup ever might have another first.
Jun 19, 2025; Indianapolis, Indiana, USA; Oklahoma City Thunder forward Chet Holmgren (7) shoots the ball against Indiana Pacers center Tony Bradley (13) during the first half of game six of the 2025 NBA Finals between the Oklahoma City Thunder and the Indiana Pacers at Gainbridge Fieldhouse.
June 20, 2025

Pacers’ Tony Bradley Has Made Just $330K This Year Despite Finals Run

Bradley was signed by the Pacers on March 2 to a 10-day contract.
Jun 22, 2025; Oklahoma City, Oklahoma, USA; Indiana Pacers guard Tyrese Haliburton (0) drives to the basket against Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) during game seven of the 2025 NBA Finals at Paycom Center.
June 23, 2025

Multiple NBA Title Contenders Will Reckon With Achilles Injuries Next Season

The NBA has seen its highest number of Achilles tears since 2014–15.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Ted Leonsis unpacks basketball’s global rise, media rights, and portfolio ownership.
Mar 12, 2025; Indianapolis, IN, USA; Rutgers Scarlet Knights guard Ace Bailey (4) shoots the ball while USC Trojans guard Kevin Patton Jr. (8) defends in the second half at Gainbridge Fieldhouse.
June 20, 2025

Ace Bailey Cancels Sixers Workout a Week Before NBA Draft

The former Rutgers star is a projected top-three pick in Wednesday’s draft.
June 20, 2025

Hockey’s Best Player Enters Contract Year Noncommittal About Future

The superstar becomes a free agent next year absent a contract extension.
A pack of runners during the 129th running of the Boston Marathon at Heartbreak Hill in Newton, April 21, 2025.
June 18, 2025

Boston Marathon Qualifying Changes Target Downhill Racing Company

A new rule will apply time penalties to downhill races starting in 2027.
June 17, 2025

Ja Morant Calls Out Stephen A. Smith After Memphis Claims

Smith made comments about the city on ESPN’s “First Take” Tuesday.