When will Joe Burrow sign new contract? Latest news, updates on Bengals negotiation
When will Joe Burrow sign new contract? Latest news, updates on Bengals negotiation
Latest news, updates on Joe Burrow's negotiations for new contract with Bengals

Quarterback contract discourse is like a hydra. Every time one is signed, two more appear.After Jalen Hurts signed his deal with the Eagles, all eyes turned to Lamar Jackson. Now that Jackson is locked into the Ravens, the football world is waiting for the Bengals to ink Joe Burrow to what will likely be a new record-breaking deal.Burrow, who led the Bengals to a Super Bowl appearance in the 2021-22 season and stands among Patrick Mahomes and Josh Allen as the AFC's QB triumvirate, is entering the fourth year of his rookie contract. The Bengals have already picked up his fifth-year option for next season, but common practice with a QB of Burrow's caliber is to lock him up long-term before being on the hook for what amounts to a franchise tag.The Bengals' QB has thrown for 11,774 yards, 82 touchdowns, and 31 interceptions in three seasons with the Bengals (though his rookie year was shortened by an ACL and MCL tear), and Cincinnati is 22-11 in the past two years with a Super Bowl appearance and an AFC Championship Game appearance.MORE: The best (and worst) prime-time games on the 2023 NFL scheduleWhere do things stand with Burrow and his future with the Bengals? Here are the latest updates.Joe Burrow contract negotiation updatesTuesday, May 16Joe Burrow is, if nothing else, saying the right things regarding his contract negotiations."Whenever you have guys on the team that need to be paid, that's always on your mind," Burrow said during his media availability Tuesday, per ESPN. "You want that to be a focal point. We're working to make that happen."Burrow seems to be implying he wants the Bengals to be able to pay him and other key weapons, such as Tee Higgins, whose contract expires after this year. Only time will tell how reasonable that truly is.MORE: Best games on 2023 NFL schedule by teamThursday, April 27When talking about Burrow's contract, it's important to know the market.The Ravens' Lamar Jackson signed a five-year, $260 million extension with Baltimore just ahead of the NFL Draft, setting the QB market at $52 million per year. He also got $185 million in guarantees, the highest in NFL history setting aside Deshaun Watson's $230 million guaranteed, which seemingly every team has since it was signed last offseason.That means $52 million and $185 million are likely the magic numbers to start for Burrow, as the rule continues to go the QB who gets paid last gets paid most. Perhaps Burrow bucks that rule, but if he does, he would arguably be taking a paycut with the way QB negotiations have gone.MORE: NFL's highest-paid QBs for 2023, from Lamar Jackson to Daniel JonesWhen is Joe Burrow a free agent?Burrow's rookie contract will be up after the 2024 season, making him a free agent in March 2025 if he and the Bengals were unable to reach a deal by then.The Bengals would be on the hook for $29.5 million if they have to pay the fifth-year option on Burrow's contract, per Spotrac.

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