7 highest-paid quarterbacks in the NFL (updated 2023)

5. Kyler Murray: $46.1 million per year

This is already looking like one of the most questionable contract extensions in football. Cardinals fans didn't get to reap the benefits of a quarterback on a rookie contract for long. After just his third NFL season in which Murray led the team to a 9-5 record, Arizona threw more money at him than they have ever dished out to a player before.

Murray's $46.1 million in annual earnings instantly vaulted him into the top-five biggest contracts in the NFL. Unfortunately, the front office may already be having some buyer's remorse. Murray was just 3-8 as a starter in his fourth season in 2022 after inking his new deal. His 6.1 yards per attempt and 87.2 passer rating, per ESPN stats, was nothing to write home about.

Murray regressed significantly as a passer in his fourth season, but the good news is that he turns just 26 years old before the start of the season. He certainly has the arm talent to pair with impressive legs, but his accuracy and ability to work the middle of the field must improve.

Considering his lofty contract, he could either make or break this Cardinals team. Now that they have made the choice to extend him, they are locked into Murray until at least 2026. At that time, his cap number skyrockets to $55.5 million. Time will tell if this deal was worth it.