The market for quarterbacks, as well as wide receivers, has seemingly blasted off into space over the last two years in the NFL, and it is showing no signs of slowing down any time soon.
Trevor Lawrence of the Jacksonville Jaguars just landed a contract extension that will pay him about $55 million a year over five years, which will tie him with the Cincinnati Bengals’ Joe Burrow for the league’s highest annual salary.
Some feel the QB market has gotten out of control, and as a result, some owners are talking about instituting a separate salary cap for quarterbacks, per Dov Kleiman.
Some #NFL Owners are discussing a separate salary cap for QBs due to the rapid increase in quarterback contracts, per @TomPelissero
Thoughts?
(via @RichEisenShow) pic.com/d9HkFEpQ3q
— Dov Kleiman (@NFL_DovKleiman) June 19, 2024
Unlike the NBA, the NFL has a hard salary cap, which means handing out humongous contracts to quarterbacks will make it difficult for teams to retain their other key players.
There are still a number of good and elite QBs who are due for contract extensions and could push the market even higher.
Among those signal-callers are Tua Tagovailoa of the Miami Dolphins, Brock Purdy of the San Francisco 49ers, the Dallas Cowboys’ Dak Prescott and Jordan Love of the Green Bay Packers.
In particular, people have been talking about the Prescott situation, as the Cowboys also need to give out big extensions to star wide receiver CeeDee Lamb and pass rusher Micah Parsons.
Prescott and the Cowboys don’t appear to be nearing an agreement on a new deal, and it has led some to feel that perhaps he will become a free agent and possibly leave the team next spring.
