The Houston Texans and quarterback Deshaun Watson have agreed to a four-year extension worth $160 million that will pay Watson more than any other NFL player during that time-frame, per Adam Schefter.
The move was a no-brainer for Houston given that Watson may go down as the best player in franchise history playing the most important position in the league.
As for the rest of the NFL, it once again resets the market for franchise quarterbacks.
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Good thing the Seattle Seahawks won't have to worry about negotiating another extension with Russell Wilson for at least another two offseasons, given that Wilson has four seasons left on his current contract.
However, Wilson wants to play until he is 45 years old so it's almost certain that his current contract will not be his last with Seattle.
"Seven years has gone by so fast,” Wilson told NFL.com’s Michael Silver in 2019. “You think about just turning 30 years and what I have for the rest of my career -- for the next 10-15 years -- I'm just fired up about it. You think about some of the best quarterbacks of all time, guys like Drew (Brees), guys like Tom (Brady), who (are playing into their 40s). I really look up to those guys. There's so much more to do."
In 2019, Wilson signed a four-year, $140 million new money extension that included a $65 million signing bonus and $107M of total guarantees, for an average annual salary of $35M.
Watson's average annual value will be $4 million higher than Wilson's current contract, but Watson only got a $27 million signing bonus.
How much will Wilson's next contract be worth? If he continues to play like a top-5 player at his position, he could become the NFL's highest paid player once again after the Seahawks did so with his last extension.