That deal ties him with the organization until 2027 when he will be 30 years old.
The contract involves $160 million in guaranteed money which includes a $29 million signing bonus.
His $46.1 million annual average value makes him the second-highest paid player in the league after Green Bay Packers quarterback Aaron Rodgers.
It’s also a big jump from the $965,000 base salary he will receive in 2022.
The pressure that Murray and his agent, Erik Burkhardt, put on the Cardinals front office worked.
The team would have wanted to start negotiations in 2023 because they want to exercise a fifth-year option on Murray.
However, the quarterback’s camp had the upper hand and got the huge extension a year earlier.
Likewise, Murray’s extension brings out this fact pointed out by Cardinals beat reporter Johnny Venerable.
Kyler Murray is the first drafted quarterback by the Arizona Cardinals to receive an extension since Jake Plummer in 1998.
So yea, it’s been a while.
— Johnny Venerable (@JohnnyVenerable) July 21, 2022
Venerable tweeted, “Kyler Murray is the first drafted quarterback by the Arizona Cardinals to receive an extension since Jake Plummer in 1998. So yea, it’s been a while.”
Details Of Plummer’s Contract Extension
The Cardinals selected Plummer in the second round of the 1997 NFL Draft and signed him to a three-year, $1.6 million rookie contract.
After three seasons, he received a five-year, $30 million contract extension.
Plummer signed with the Denver Broncos after playing for the Cardinals and played for the AFC West team until 2006.
It was also where he earned his only Pro Bowl appearance.
However, none of them received an extension like Murray.