Philadelphia Eagles to discuss ‘monster’ Jalen Hurts contract extension this offseason

Jan 29, 2023; Philadelphia, Pennsylvania, USA; Philadelphia Eagles quarterback Jalen Hurts (1) after win against the San Francisco 49ers in the NFC Championship game at Lincoln Financial Field. Mandatory Credit: Bill Streicher-USA TODAY Sports

Philadelphia Eagles quarterback Jalen Hurts went from backing up Carson Wentz in 2020 to becoming an NFL MVP finalist in 2022. As the All-Pro passer prepares for Super Bowl LVII, the Eagles are thinking about a contract extension,

Hurts, the 53rd pick in the 2020 NFL Draft, started his career viewed as a long-term project. Despite an impressive college resume, most believed Hurts’ ceiling was becoming an average starting quarterback who could start for a few seasons.

However, he showed enough flashes in his rookie season to take the starting job from Wentz. After Philadelphia traded one of the highest-paid NFL quarterbacks, Hurts took over as the starter and blossomed in 2021.

However, the 2022 season was still viewed as a prove-it year. In order for Hurts to prove he could be a long-term starter, Philadelphia’s front offices wanted to see him evolve even more as a passer. He did just that, finishing second behind Patrick Mahomes for MVP honors and emerging as one of the best dual-threat quarterbacks in the NFL.

Now, according to Ian Rapoport of NFL Network, Hurts is in line for a monster contract extension this offseason. The Eagles are committed to him long-term and will begin negotiations with his agent shortly after the Super Bowl.

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Why a Jalen Hurts contract extension is Eagles’ No. 1 priority

Time is not on the Eagles’ side. Unlike Joe Burrow and Justin Herbert, there is no fifth-year option because Hurts wasn’t a first-round pick. As a result, he will be entering a contract year in 2023 thus becoming eligible to become one of the top NFL free agents in 2024.

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While Philadelphia will have the option of using the exclusive franchise tag a year from now, it brings its own complications. With pending deals for Burrow and Lamar Jackson, the franchise tag for quarterbacks in 2024 could eclipse $40 million.

According to OverTheCap.com, the Eagles are projected to have just $47.46 million in cap space in 2024. That figure is before the franchise potentially re-signs running back Miles Sanders and defensive back Chauncey Gardner-Johnson this offseason.

The franchise tag is also fully guaranteed, resulting in a $40-plus million cap charge for the club a year from now. However, a multi-year extension both ensures Hurts is signed long-term and his cap hits can be spread out with the higher figures counted in future years.

Ultimately, it wouldn’t be a surprise if the two sides find middle ground this spring and sign a long-term deal. Based on the direction of salaries for quarterbacks, Hurts will likely land an extension covering at least four years with a $43-plus million average annual value.

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