Tim Weaver
June 14, 2024 8:10 am PT
On Thursday the Jacksonville Jaguars signed quarterback Trevor Lawrence to a contract extension, worth an average of $55 million per year. That ties Cincinnati Bengals quarterback Joe Burrow for the highest annual salary in the NFL right now. It’s a deserving deal for Lawrence, who should only continue to get better the longer he’s in the league.
It’s also a reminder of what a magnificent bargain the Seattle Seahawks have in their veteran starter, Geno Smith. In our most-recent quarterback rankings following the 2024 NFL draft, we had Smith ranked one spot higher than Lawrence, No. 14 to his No. 15. Now that the new contract is locked in, Smith is costing Seattle less than half what Lawrence is Jacksonville. Let’s see how Geno compares to the rest of the league in average money per year.
Here are the top 32 quarterbacks in the NFL ranked by their annual salary according to Over the Cap – keeping in mind some rookies have not signed their contracts as of yet.
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1. Trevor Lawrence - Jaguars: $55 million per year
Jacksonville Jaguars quarterback Trevor Lawrence (16) looks on during an organized team activity Tuesday, May 28,…
Jacksonville Jaguars quarterback Trevor Lawrence (16) looks on during an organized team activity Tuesday, May 28, 2024 at EverBank Stadium’s Miller Electric Center in Jacksonville, Fla.
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2. Joe Burrow - Bengals: $55 million per year
Cincinnati Bengals quarterback Joe Burrow (9) throws a pass at Bengals spring practice at the IEL…
Cincinnati Bengals quarterback Joe Burrow (9) throws a pass at Bengals spring practice at the IEL Indoor Facility in Cincinnati on Tuesday, June 11, 2024.
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3. Jared Goff - Lions: $53 million per year
Detroit Lions quarterback Jared Goff (16) practices during mini camp at Detroit Lions headquarters and practice…
Detroit Lions quarterback Jared Goff (16) practices during mini camp at Detroit Lions headquarters and practice facility in Allen Park on Tuesday, June 4, 2024.
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4. Justin Herbert - Chargers: $52.5 million per year
Jun 13, 2024; Costa Mesa, CA, USA; Los Angeles Chargers quarterback Justin Herbert (10) reacts during…
Jun 13, 2024; Costa Mesa, CA, USA; Los Angeles Chargers quarterback Justin Herbert (10) reacts during minicamp at the Hoag Performance Center. Mandatory Credit: Kirby Lee-USA TODAY Sports
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5. Lamar Jackson - Ravens: $52 million per year
MUNICH, GERMANY - APRIL 21: Lamar Jackson leads the 'Flag Clinic' at FC Bayern Campus on…
MUNICH, GERMANY - APRIL 21: Lamar Jackson leads the 'Flag Clinic' at FC Bayern Campus on April 21, 2024 in Munich, Germany. (Photo by Leonhard Simon/Getty Images)
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6. Jalen Hurts - Eagles: $51 million per year
May 30, 2024; Philadelphia, PA, USA;Philadelphia Eagles quarterback Jalen Hurts (1) throws the ball at practice…
May 30, 2024; Philadelphia, PA, USA;Philadelphia Eagles quarterback Jalen Hurts (1) throws the ball at practice at NovaCare Complex. Mandatory Credit: Bill Streicher-USA TODAY Sports
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7. Kyler Murray - Cardinals: $46.1 million per year
Arizona Cardinals quarterback Kyler Murray (1) during minicamp at Dignity Health Training Center on June 11,…
Arizona Cardinals quarterback Kyler Murray (1) during minicamp at Dignity Health Training Center on June 11, 2024.
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8. Deshaun Watson - Browns: $46 million per year
Browns quarterback Deshaun Watson signals to running back D'Onta Foreman during minicamp, Thursday, June 13, 2024,…
Browns quarterback Deshaun Watson signals to running back D'Onta Foreman during minicamp, Thursday, June 13, 2024, in Berea.
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9. Kirk Cousins - Falcons: $45 million per year
Jun 3, 2024; Atlanta, GA, USA; Atlanta Falcons quarterback Kirk Cousins (18) shown in action on…
Jun 3, 2024; Atlanta, GA, USA; Atlanta Falcons quarterback Kirk Cousins (18) shown in action on the field during Falcons OTA at the Falcons Training facility. Mandatory Credit: Dale Zanine-USA TODAY Sports
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10. Patrick Mahomes - Chiefs: $45 million per year
Jun 9, 2024; Kansas City, Missouri, USA; Kansas City Chiefs Quarterback Patrick Mahomes reacts in the…
Jun 9, 2024; Kansas City, Missouri, USA; Kansas City Chiefs Quarterback Patrick Mahomes reacts in the second half between Kansas City Current and Seattle Reign FC at CPKC Stadium. Mandatory Credit: Jay Biggerstaff-USA TODAY Sports
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11. Josh Allen - Bills: $43 million per year
ORCHARD PARK, NEW YORK - JUNE 11: Josh Allen #17 of the Buffalo Bills passes the…
ORCHARD PARK, NEW YORK - JUNE 11: Josh Allen #17 of the Buffalo Bills passes the ball during Bills minicamp on June 11, 2024 in Orchard Park, New York. (Photo by Bryan M. Bennett/Getty Images)
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12. Matt Stafford - Rams: $40 million per year
May 28, 2024; Thousand Oaks, CA, USA; Los Angeles Rams quarterback Matthew Stafford (9) looks to…
May 28, 2024; Thousand Oaks, CA, USA; Los Angeles Rams quarterback Matthew Stafford (9) looks to pass during OTAs at the team training facility at California Lutheran University. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports
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13. Dak Prescott - Cowboys: $40 million per year
Jun 5, 2024; Frisco, TX, USA; Dallas Cowboys quarterback Dak Prescott (4) goes through a drill…
Jun 5, 2024; Frisco, TX, USA; Dallas Cowboys quarterback Dak Prescott (4) goes through a drill during practice at the Ford Center at the Star Training Facility in Frisco, Texas. Mandatory Credit: Chris Jones-USA TODAY Sports
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14. Daniel Jones - Giants: $40 million per year
Daniel Jones, quarterback, throws the ball during practice. The NY Giants NFL team held an organized…
Daniel Jones, quarterback, throws the ball during practice. The NY Giants NFL team held an organized team activity at their training facility in East Rutherford, NJ on Thursday May 30, 2024.
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15. Aaron Rodgers - Jets: $37.5 million per year
FLORHAM PARK, NEW JERSEY - JUNE 04: Aaron Rodgers #8 of the New York Jets throws…
FLORHAM PARK, NEW JERSEY - JUNE 04: Aaron Rodgers #8 of the New York Jets throws the ball during New York Jets OTA Offseason Workouts at Atlantic Health Jets Training Center on June 04, 2024 in Florham Park, New Jersey. (Photo by Luke Hales/Getty Images)
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16. Derek Carr - Saints: $37.5 million per year
METAIRIE, LOUISIANA - MAY 28: Derek Carr #4 of the New Orleans Saints talks with offensive…
METAIRIE, LOUISIANA - MAY 28: Derek Carr #4 of the New Orleans Saints talks with offensive coordinator Klint Kubiak at the OTA Offseason Workout at the New Orleans Saints Practice facility on May 28, 2024 in Metairie, Louisiana. (Photo by Chris Graythen/Getty Images)
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17. Baker Mayfield - Buccaneers: $33.33 million per year
TAMPA, FLORIDA - JUNE 11: Baker Mayfield #6 of the Tampa Bay Buccaneers looks to throw…
TAMPA, FLORIDA - JUNE 11: Baker Mayfield #6 of the Tampa Bay Buccaneers looks to throw a pass during the Buccaneers Mandatory Minicamp at AdventHealth Training Center on June 11, 2024 in Tampa, Florida. (Photo by Julio Aguilar/Getty Images)
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18. Geno Smith - Seahawks: $25 million per year
RENTON, WASHINGTON - JANUARY 10: Geno Smith and Bobby Wagner attend former Seattle Seahawks head coach…
RENTON, WASHINGTON - JANUARY 10: Geno Smith and Bobby Wagner attend former Seattle Seahawks head coach Pete Carroll's press conference at Virginia Mason Athletic Center on January 10, 2024 in Renton, Washington. (Photo by Alika Jenner/Getty Images)
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19. Jordan Love - Packers: $13.5 million per year
Green Bay Packers quarterback Jordan Love (10) is shown during the team’s mini camp Tuesday, June…
Green Bay Packers quarterback Jordan Love (10) is shown during the team’s mini camp Tuesday, June 11, 2024 in Green Bay, Wisconsin.
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20. Gardner Minshew - Raiders: $12.5 million per year
HENDERSON, NEVADA - MAY 29: Quarterback Gardner Minshew #15 of the Las Vegas Raiders runs through…
HENDERSON, NEVADA - MAY 29: Quarterback Gardner Minshew #15 of the Las Vegas Raiders runs through a drill during an OTA offseason workout at the Las Vegas Raiders Headquarters/Intermountain Healthcare Performance Center on May 29, 2024 in Henderson, Nevada. (Photo by Ethan Miller/Getty Images)
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21. Sam Darnold - Vikings: $10 million per year
EAGAN, MINNESOTA - JUNE 04: Quarterbacks J.J. McCarthy #9, Sam Darnold #14 and Nick Mullens #12…
EAGAN, MINNESOTA - JUNE 04: Quarterbacks J.J. McCarthy #9, Sam Darnold #14 and Nick Mullens #12 of the Minnesota Vikings watch the drill during Minnesota Vikings mandatory minicamp at Twin Cities Orthopedics Performance Center on June 04, 2024 in Eagan, Minnesota.(Photo by Adam Bettcher/Getty Images)
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22. Caleb Williams - Bears: $9.87 million per year
May 10, 2024; Lake Forest, IL, USA; Chicago Bears quarterback Caleb Williams throws the ball during…
May 10, 2024; Lake Forest, IL, USA; Chicago Bears quarterback Caleb Williams throws the ball during Chicago Bears rookie minicamp at Halas Hall. Mandatory Credit: David Banks-USA TODAY Sports
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23. Bryce Young - Panthers: $9.48 million per year
Jun 4, 2024; Charlotte, NC, USA; Carolina Panthers quarterback Bryce Young (9) throws during OTAs. Mandatory…
Jun 4, 2024; Charlotte, NC, USA; Carolina Panthers quarterback Bryce Young (9) throws during OTAs. Mandatory Credit: Jim Dedmon-USA TODAY Sports
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24. Jayden Daniels - Commanders: $9.43 million per year
(Photo by Scott Taetsch/Getty Images)
25. Drake Maye - Patriots: $9.16 million per year
May 11, 2024; Foxborough, MA, USA; New England Patriots quarterback Drake Maye (10) speaks to the…
May 11, 2024; Foxborough, MA, USA; New England Patriots quarterback Drake Maye (10) speaks to the media after practice at the New England Patriots rookie camp at Gillette Stadium. Mandatory Credit: Eric Canha-USA TODAY Sports
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26. C.J. Stroud - Texans: $9.07 million per year
Nov 5, 2023; Houston, Texas, USA; Houston Texans quarterback C.J. Stroud (7) looks for an open…
Nov 5, 2023; Houston, Texas, USA; Houston Texans quarterback C.J. Stroud (7) looks for an open receiver as Tampa Bay Buccaneers linebacker Shaquil Barrett (7) applies defensive pressure during the first quarter at NRG Stadium. Mandatory Credit: Troy Taormina-USA TODAY Sports
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27. Zach Wilson - Broncos: $8.78 million per year
May 23, 2024; Englewood, CO, USA; Denver Broncos quarterback Zach Wilson (4) during organized team activities…
May 23, 2024; Englewood, CO, USA; Denver Broncos quarterback Zach Wilson (4) during organized team activities at Centura Health Training Center. Mandatory Credit: Isaiah J. Downing-USA TODAY Sports
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28. Trey Lance - Cowboys: $8.52 million per year
Jun 5, 2024; Frisco, TX, USA; Dallas Cowboys quarterback Trey Lance (19) goes through a drill…
Jun 5, 2024; Frisco, TX, USA; Dallas Cowboys quarterback Trey Lance (19) goes through a drill during practice at the Ford Center at the Star Training Facility in Frisco, Texas. Mandatory Credit: Chris Jones-USA TODAY Sports
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29. Anthony Richardson - Colts: $8.49 million per year
Indianapolis Colts quarterback Anthony Richardson (5) runs drills Wednesday, June 5, 2024, during practice at the…
Indianapolis Colts quarterback Anthony Richardson (5) runs drills Wednesday, June 5, 2024, during practice at the Colts Practice Facility in Indianapolis.
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30. Jacoby Brissett - Patriots: $8 million per year
Jun 10, 2024; Foxborough, MA, USA; New England Patriots quarterback Jacoby Brissett (14) hands the ball…
Jun 10, 2024; Foxborough, MA, USA; New England Patriots quarterback Jacoby Brissett (14) hands the ball to running back Rhamondre Stevenson (38) at minicamp at Gillette Stadium. Mandatory Credit: Eric Canha-USA TODAY Sports
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31. Tua Tagovailoa - Dolphins: $7.56 million per year
Jan 13, 2024; Kansas City, Missouri, USA; Miami Dolphins quarterback Tua Tagovailoa (1) moves out to…
Jan 13, 2024; Kansas City, Missouri, USA; Miami Dolphins quarterback Tua Tagovailoa (1) moves out to pass against the Kansas City Chiefs during the second half of the 2024 AFC wild card game at GEHA Field at Arrowhead Stadium. Mandatory Credit: Denny Medley-USA TODAY Sports
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32. Tyrod Taylor - Jets: $6 million per year
FLORHAM PARK, NEW JERSEY - JUNE 11: Tyrod Taylor #2 of the New York Jets participates…
FLORHAM PARK, NEW JERSEY - JUNE 11: Tyrod Taylor #2 of the New York Jets participates in drills during New York Jets Mandatory Minicamp at Atlantic Health Jets Training Center on June 11, 2024 in Florham Park, New Jersey. (Photo by Luke Hales/Getty Images)
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