Arizona Cardinals star Kyler Murray has agreed to a five-year extension worth $230.5 million, a source told ESPN's Adam Schefter, a deal that makes him one of the NFL's highest-paid quarterbacks.
The deal, which runs through the 2028 season, includes $160 million in guaranteed money, the source told Schefter. The Cardinals officially announced Murray's five-year extension Thursday but did not disclose terms.
The average annual value of Murray's deal is $46.1 million, which is the second highest in the NFL behind only Green Bay Packers star Aaron Rodgers ($50.3 million).
Deshaun Watson's deal with the Cleveland Browns has an average annual value of $46 million, and Kansas City Chiefs star Patrick Mahomes' deal averages $45 million per year.
Murray's agent, Erik Burkhardt, and Cardinals general manager Steve Keim worked on the deal into Wednesday night and finalized the agreement Thursday morning after months of ongoing negotiations, according to Schefter.
Murray, 24, already had been under contract through the 2023 season after the Cardinals exercised their fifth-year option on his rookie deal in April. But the 2018 Heisman Trophy winner's long-term future in Arizona became uncertain earlier this year after Murray scrubbed his Instagram page following the Pro Bowl, leaving just two posts: one of him at Oklahoma from 2018 and one from the Pro Bowl.
Keim said earlier this year that there was «zero chance» Murray would be traded and indicated a long-term deal could be finalized at some point during the summer after the organization had a chance to «take a deep breath and sort of refocus» after free agency and this year's NFL draft, similar to negotiation timelines that culminated in lucrative deals for other third-year
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