Where Tua Tagovailoa's Extension Ranks Among NFL's Richest Contracts

Miami Dolphins quarterback Tua Tagovailoa drops back to pass during the 2024 Pro Bowl at Camping World Stadium.
Miami Dolphins quarterback Tua Tagovailoa drops back to pass during the 2024 Pro Bowl at Camping World Stadium. / Nathan Ray Seebeck-USA TODAY Sports
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The Miami Dolphins and star quarterback Tua Tagovailoa agreed to terms on a new four-year contract extension on Friday.

Under his new deal, Tagovailoa figures to remain in Miami through the 2027 season, and will collect a total of $212.4 million, including a reported $167 million in guaranteed money. As has been the case with most quarterbacks contracts doled out of late, Tagovailoa's deal surpasses the $50 million annual average value mark, as he's set to bring in an AAV of $53.1 million per season.

The past few seasons have seen the quarterback market continually reset itself, with the likes of Joe Burrow, Trevor Lawrence, Justin Herbert, Lamar Jackson and several others all signing new contracts within the past year-plus.

So, with Tagovailoa locked in with the Dolphins for four more years, let's take a look at how his new contract stacks up against some of the other highest earning QBs in football, both in terms of average annual value and total money.

Biggest NFL Quarterback Contracts

PLAYER, TEAM

AAV

TOTAL VALUE

TOTAL GUARANTEED

Joe Burrow, Cincinnati Bengals

$55,000,000

$275,000,000

$219,010,000

Trevor Lawrence, Jacksonville Jaguars

$55,000,000

$275,000,000

$200,000,000

Tua Tagovailoa, Miami Dolphins

$53,100,000

$212,400,000

$167,000,000

Jared Goff, Detroit Lions

$53,000,000

$212,000,000

$170,611,832

Justin Herbert, Los Angeles Chargers

$52,500,000

$262,500,000

$193,738,375

Lamar Jackson, Baltimore Ravens

$52,000,000

$260,000,000

$185,000,000

Jalen Hurts, Philadelphia Eagles

$51,000,000

$255,000,000

$179,304,000

Kyler Murray, Arizona Cardinals

$46,100,000

$230,500,000

$160,000,000

Deshaun Watson, Cleveland Browns

$46,000,000

$230,000,000

$230,000,000

Kirk Cousins, Atlanta Falcons

$45,000,000

$180,000,000

$100,000,000

Patrick Mahomes, Kansas City Chiefs

$45,000,000

$450,000,000

$141,000,000

Josh Allen, Buffalo Bills

$43,000,000

$258,000,000

$150,000,000

In terms of average annual value, the $53.1 million Tagovailoa stands to collect throughout the life of his new contract ranks third in the NFL, just ahead of Jared Goff's $53 million AAV. He's also making more per year than the likes of Patrick Mahomes, Justin Herbert, Lamar Jackson, Jalen Hurts and Josh Allen, among many others.

As for the total money in Tagovailoa's new four-year pact, his $212.4 million ranks 10th in the league, also slightly ahead of Goff. The Lions and Goff agreed to a similar four-year, $212 million extension earlier in the offseason, which appears to have been the baseline for Tagovailoa's deal in Miami.

To put Tagovailoa's contract into further context, legendary Dolphins quarterback Dan Marino earned a total of $51 million in his NFL career, less than what Tagovailoa figures to make per season.

Now that he's gotten his contract situation sorted, Tagovailoa has returned to the field at training camp. The Dolphins haven't won a playoff game since 2001, a streak fans are hopeful the team's highly-paid quarterback will help put an end to.


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Karl Rasmussen
KARL RASMUSSEN

Karl Rasmussen is a staff writer for the Breaking and Trending News team for Sports Illustrated. A University of Oregon alum who joined SI in February 2023, his work has appeared on 12up and ClutchPoints. Rasmussen is a loyal Tottenham, Jets, Yankees and Ducks fan.