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The Philadelphia Eagles and quarterback Jalen Hurts have agreed to a five-year, $255 million extension with $179.304 million guaranteed, a source told ESPN’s Adam Schefter on Monday.
The injury settlement is the largest contract in NFL history in terms of average annual value. Deshaun Watson’s $230 million contract signed with the Cleveland Browns last year that is fully guaranteed is still huge in guaranteed money.
The injury extension includes a no-trade clause — a first in Eagles history, the source told Schefter. It affects salary cap numbers for the next four seasons: $6.15 million in 2023, $13.56 million in 2024, $21.77 million in 2025 and $31.77 million in 2026.
The Eagles announced on Monday that they had signed Harts to a five-year extension but did not disclose financial terms.
Hurts, 24, was an MVP candidate last season, throwing for 3,701 yards with 22 touchdowns to six interceptions for 760 yards and 13 scores.
He showed significant improvement in his second season as a full-time starter, jumping from 19th (54.6) to fourth (66.4) in QBR and 26th (61.3%) to 11th (66.5%). The time before throwing ranged from 3.12 seconds (31st) to 2.76 seconds (16th) on average.
One of his best performances came in Super Bowl LVI, when he threw for 374 total yards and four touchdowns on one costly turnover in a 38-35 loss to Patrick Mahomes and the Kansas City Chiefs.
His 43 total touchdowns on the year surpassed Donovan McNabb for the most in a single season in franchise history, helping him earn second-team All-Pro honors and a Pro Bowl nod.
As one of the top quarterbacks in the league, stepping up to the position will hurt. He was the first freshman start for coach Nick Saban at Alabama, but he sat out the national championship game and was benched the following season in favor of Tua Tagovailoa, ultimately losing his starting job. Hurts transferred to Oklahoma for his senior year and had a breakout campaign, finishing second to Joe Burrow in the Heisman Trophy voting.
In the year A 2020 second-round pick of the Eagles, Hurts took over for Carson Wentz, who struggled late in the season and became the full-time starter in 2021 after Wentz was traded to the Indianapolis Colts. He posted a 23-11 record for Philadelphia as a starter after missing two games with a right shoulder strain, including a 14-1 mark last season.
ESPN’s Tim McManus contributed to this report.