Ranking the Highest-Paid NFL Quarterbacks in 2023

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Los Angeles Chargers quarterback Justin Herbert (10) gives the sideline a thumbs up after a first down throw during an NFL football game against the Indianapolis Colts, Monday, Dec. 26, 2022, in Indianapolis. (AP Photo/Zach Bolinger)
(AP Photo/Zach Bolinger)
BetMGM @BETMGM Jul 25, 2023, 7:10 PM

With his five-year, $262.5-million contract extension, Justin Herbert became the highest-paid player in the NFL by average annual value.

While year-by-year details haven’t been released yet, it’s safe to assume the Los Angeles Chargers’ quarterback will sit among the highest-paid NFL quarterbacks for 2023.

Highest-Paid NFL Quarterbacks for 2023

RankPlayerTeamTotal Cash
1Lamar JacksonRavens$80 million
2(t)Daniel JonesGiants$46 million
2(t)Deshaun WatsonBrowns$46 million
4Patrick MahomesChiefs$40.5 million
5Kyler MurrayCardinals$39 million
6Dak PrescottCowboys$31 million
7(t)Derek CarrRaiders$30 million
7(t)Kirk CousinsVikings$30 million
9(t)Russell WilsonBroncos$28 million
9(t)Josh AllenBills$28 million

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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.