Jalen Hurts Contract: Salary, Cap Hit, Extension

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Philadelphia Eagles quarterback Jalen Hurts (1) looks to pass against the Kansas City Chiefs during the first half of the NFL Super Bowl 57 football game between the Kansas City Chiefs and the Philadelphia Eagles, Sunday, Feb. 12, 2023, in Glendale, Ariz. (AP Photo/Ashley Landis)
(AP Photo/Ashley Landis)
BetMGM @BETMGM Apr 18, 2023, 10:59 AM
  • Jalen Hurts was drafted in the second round in 2020
  • He signed a four-year rookie contract worth $6 million.
  • Hurts' new deal is five years for $255 million.

In mid-July 2020, nearly two months after being selected by the Philadelphia Eagles in the second round of the 2020 NFL Draft, Jalen Hurts signed his rookie contract, a four-year deal that would run through the 2023 season.

That deal was replaced by a five-year, $255-million deal that makes him the highest-paid player in NFL history.

Jalen Hurts Contract Extension

Hurts’ five-tear, $255-million contract includes $179.3 million in guarantees.

The average annual value of $51 million is the highest in NFL history. And Hurts sits behind only Kyler Murray and Deshaun Watson for most guaranteed money from one contract; Murray received $189.5 million and Watson received $230 million.

Hurts’ old deal had a base salary of $4,204,000 and cap hit of $4,789,486 for the 2023 season. If he didn’t re-sign with the Eagles, Hurts would’ve become an unrestricted free agent after the season.

His new cap hit for 2023 is $6.15 million:

2023: $6.15 million
2024: $13.56 million
2025: $21.77 million
2026: $31.77 million

Related: QBs Drafted Ahead of Jalen Hurts in 2020

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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.