2023 NFL Owners Meetings: Updates On Joe Burrow's New Contract

Cincinnati has some more business to handle this offseason.

CINCINNATI — A new contract for Joe Burrow is in the works but not quite done yet.

Bengals head coach Zac Taylor said there was no immediate update on that front to reporters on Monday and Outkick confirmed the two sides have been working on a deal.

"The Bengals and Burrow’s representatives have been talking for some time," Armando Salguero reported from the 2023 NFL Owners Meetings. "The Chargers and Eagles each have budgeted for extensions this year."

Here is what NFL salary cap expert Andre Perrota thinks a Burrow contract might look like.

Here's a proposed contract extension for Joe Burrow:

8yrs/$408M

$142,635,000 fully GRTD at Signing $240,635,000 in total guarantees

$51M AAV

$60M Signing Bonus

2023 Cap Hit = $18,980,025 ($7,464,982 increase from currently scheduled $11.5M Cap Hit)

2023 Cash Spend= $61.01M pic.twitter.com/4BZzaqcgPm

— Andre Perrotta (@andreperrotta13) February 9, 2023

The quarterback is about to get a massive payday this offseason, no matter what the final numbers look like.

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