The Arizona Cardinals just handed their franchise QB one of the biggest deals in NFL history. let’s go deep on the terms of the Cardinals’ new Kyler Murray contract.

Kyler Murray is just 24 years of age. He has played just three NFL seasons. But amid an offseason that felt increasingly tense as the contract extension he publicly desired simply did not appear, the Arizona Cardinals just made a major splash — their franchise QB has officially secured the bag.

Instead of toiling away on his rookie deal, the Pro Bowl quarterback now becomes the No. 2 highest-paid player in the history of the NFL by average annual contract value — surpassing Cleveland’s Deshaun Watson by a hair and trailing only future Hall of Famer Aaron Rodgers — thanks to the $230 million coming his way over five years as first reported by insiders Ian Rapoport and Tom Pelissero.

It’s an eye-popping career breakthrough for the young signal-caller, and another huge money moment in an offseason absolutely full of them. Let’s dive into the details of the Cardinals’ new and massive Kyler Murray contract extension.

Click here to read Boardroom’s overview of the highest-paid quarterbacks in the NFL.

Kyler Murray Contract Details & Salary

All dollar figures via Spotrac.

Years: 5Total value: $230,500,000Average annual value: $46,100,000Guaranteed at signing: Not reportedTotal guaranteed money: $160,000,000Free agency: 2028

Remaining salary under current deal:

2022: $29,703,000

Remember when Murray considered playing Major League Baseball? The Oakland A’s still famously control his MLB rights, and as several Twitter denizens have noted, the $46.1 million average annual value of Murray’s deal actually exceeds the A’s entire active payroll as of this writing.

Now, the former Oklahoma Sooners Heisman Trophy winner has set himself up not just to cash in massively, but jump right back into the free agency pool entering 2028, which will still only be his age-31 season.

Kyler Murray’s Career Earnings

Salary data via Spotrac.

CAREER BASE SALARY: $2,020,000CAREER SIGNING BONUSES: $23,589,924OTHER BONUSES/INCENTIVES: $4,636,462TOTAL SALARY EARNINGS THRU 2021 SEASON: $30,246,386

ESTIMATED SALARY EARNINGS THRU 2027 SEASON: $295,938,746

Read More:

• Top 10 Sporting Events of 2023 by Average Ticket Price
• The Nike KD3 ‘Christmas’ Retro Revival
• Patrick Mahomes Inks Endorsement Deal With Prime
• Baker Mayfield Set to Cash In On Second Act
• Eagles vs. Seahawks Week 15: Can Philly Get Back on Track?