June 06, 2019
The Philadelphia Eagles' biggest offseason storyline has come to a resolution, as the team announced that they have agreed to a four-year contract extension with quarterback Carson Wentz that runs through the 2024 season.
The #Eagles and Carson Wentz have agreed to terms on a four-year contract extension through 2024.
— Philadelphia Eagles (@Eagles) June 6, 2019
📰: https://t.co/2SuuznqaoX pic.twitter.com/8ze1NlcWt2
The four year extension appears to be added onto the remaining two already on his contract. Wentz himself posted the following video on his Twitter account:
Grateful for this opportunity and excited for the future! 🙌🏻 #FlyEaglesFly #AO1 pic.twitter.com/1Cxn12lciD
— Carson Wentz (@cj_wentz) June 6, 2019
As you all already know, Wentz was likely going to be the NFL's MVP in 2017, but his season was cut short due to a torn ACL and LCL. The following year, in 2018, Wentz once again had his season cut short as a result of a fracture in his back.
During spring practices in 2019, Wentz has looked a lot like the player he was prior to the 2017 season, which perhaps gave the team the confidence to commit to him long-term sooner than later.
Update: The numbers are in.
Eagles are giving Carson Wentz a four-year, $128 million contract extension that include guarantees over $107 million, per source.
— Adam Schefter (@AdamSchefter) June 7, 2019
Wentz’s total deal is now six years for $154 million, per source.
That would be $25.7 million per year over the next six years for Wentz, which is a bargain, or $32 million per year in the "new money" portion of the contract, which is about what should have been expected.
Getting Wentz's deal done first, as in, before Dak Prescott or Jared Goff get their deals done, was a smart move by the Eagles, at a price that the Eagles can work with, you know, assuming Wentz can stay healthy.
The guaranteed $107 million Wentz will earn is the most in NFL history, according to Schefter:
The $107 million-plus in guaranteed money is the largest guarantee given to an NFL player, eclipsing the $107 million that Seattle gave Russell Wilson this off-season.
— Adam Schefter (@AdamSchefter) June 7, 2019
That is a record that will very likely be short lived, and may be quickly eclipsed by Goff, who has the same agent representation as Wentz.
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