After much consideration, Kyler Murray has decided to stay with the Arizona Cardinals. The two parties apparently settled on a hefty $230.5 million contract extension Thursday after an eventful summer, as reported by ESPN‘s Adam Schefter.
The club seemed to announce the extension on Twitter, albeit they did not provide any other information on the deal. Value-wise, it is said that it tops Deshaun Watson’s record-breaking $230 million contract with the Cleveland Browns, which he signed back in March.
On the downside, it does not have as much certain cash. Although just a portion of Watson’s $230 million contract was guaranteed by the Browns, the quarterback is guaranteed $160 million.
Kyler Murray to stay in Arizona until 2027
From a financial standpoint, Murray’s new contract will pay him $30 million in Year 1, $68 million over the first two years, and $106.15 million over the first three years of his new deal, based on information from NFL Media. He is due to make just $965,000 in 2022, but the sum is supposed to skyrocket to $29.7 million in 2023 if his fifth-year option is fully guaranteed.
The 24-year-old has performed well for the team after being drafted first overall in the 2019 NFL draft. Murray has thrown for 70 touchdowns and 34 picks in his three seasons as a starter. He has also run for 1,786 yards and 20 touchdowns.