Cashing in on the Stafford contract
Record $135M for Lions QB sets the market for other marquee quarterbacks
Derek Carr and now Matthew Stafford have nudged the biggest-contract bar higher for NFL quarterbacks in recent months and the next beneficiaries are likely to be Kirk Cousins, Drew Brees, Matt Ryan and Aaron Rodgers.
The five-year, $135-million (U.S.) contract extension that Stafford completed Monday with the Detroit Lions makes him the sport’s highestpaid quarterback ahead of Carr, who signed a five-year, $125-million deal with the Oakland Raiders in June. It’s good to be a quarterback. “Heading to backyard to loosen up the old arm after reading news on Stafford deal,” Arizona Cardinals cornerback Patrick Peterson wrote on Twitter.
It was some rare good news for the Lions. After failing to re-sign defensive standout Ndamukong Suh and seeing wide receiver Calvin Johnson abruptly retire in recent years, the organization was able to strike a long-term deal with its franchise quarterback. Stafford had been entering the final season of his contract.
He played well enough to be in the league MVP conversation for much of last season, ultimately throwing for 4,327 yards and 24 touchdowns. But he was plagued by an injury to a finger on his throwing hand late in the season and the Lions faded, being overtaken by the Green Bay Packers in the NFC North and losing an opening-round playoff game at Seattle. Stafford probably will have to be an MVP contender again this season for the Lions to be relevant. But at least there will be no more talk about his contract status.
Those conversations now shift to Cousins and Brees. Further down the road, they will be about Ryan and Rodgers. And the numbers between the dollar sign and the decimal point undoubtedly will continue to grow.
Cousins is the two-time franchisetagged quarterback for the Washington Redskins whose future with that franchise will remain a focal point all season. He is to make $23.94 million this season under his franchise-player deal after he and Washington failed to agree to a long-term contract by the league-wide deadline in July.
Cousins is eligible — again — for unrestricted free agency after this season and the bidders will line up for him if he hits the market. No, he’s not as good nor as accomplished as Carr or Stafford, but he’s been plenty productive. And such quarterbackneedy teams as the San Francisco 49ers, Cleveland Browns, New York Jets and others would be likely to bid up his price tag to something close to the Stafford deal or perhaps beyond it.
Washington would have to pay Cousins $28.73 million in 2018 to keep Cousins via the transition-player tag. It would cost them $34.47 million to retain Cousins next year by way of the franchise-player designation. If those figures set the benchmark for his negotiations on a longterm deal, with Washington or someone else, surpassing the Stafford contract is within his reach.
The 38-year-old Brees also is eligible for free agency after this season. He is in the final season of a contact paying him $24.25 million this season. Brees very well might have productive seasons left, and he has given no indication that he’s ready to retire. But would he want to move on from New Orleans? If not, that could limit his bargaining power and keep his contract relatively in check.
After Cousins and Brees, the focus could turn to Ryan and Rodgers. Ryan, the reigning league MVP who got the Falcons to the Super Bowl last season, is signed through the 2018 season. The Falcons likely will make a strong push after this season to sign him to an extension. Rodgers, the two-time league MVP, is signed through the 2019 season as part of a five-year, $110-million deal. That $22-million-per-season average is obsolete now. But whatever Cousins, Brees and Ryan get, Rodgers could be in position to surpass them all with his next contract.
The saying goes that NFL stands for “not for long.” Though usually applied to players’ relatively brief careers, it also seems fitting when describing the sports’ soaring, recordbreaking quarterback contracts. And the cost of doing business with those top quarterbacks is only going to continue to rise.