Eagles' Updated Salary Cap After Jalen Hurts' $255M Contract Extension

Jalen Hurts is a rich man.

The Philadelphia Eagles and the star quarterback reportedly agreed to a five-year, $255 million deal that made him the highest-paid player in NFL history.

Before the deal, the Eagles were projected to have about $19.9 million in cap space for the 2023 season.

Here are Hurts' updated cap figures after the extension:

Tom Pelissero and Ian Rapoport of the NFL Network reported that "Hurts gets a raise in 2023, including a $23.294 million signing bonus, and will make $64 million through the first new year in 2024. The Eagles now have him under contract for the next six years, on a deal that preserves their flexibility to keep the team intact around him."

Hurts can also rake in up to $15 million more in incentives over the duration of the contract, bringing his potential overall figure up to $274.3 million.

The Eagles had a lot of cap flexibility while Hurts was under his rookie contract, allowing them to load up the roster with talented veterans through free agency ahead of last season. This deal will eliminate much of that flexibility going forward, a reality of the modern NFL as star quarterbacks continue to take bigger proportions of the salary cap.

The Eagles have already felt those effects in anticipation of this extension, seeing defensive tackle Javon Hargrave, safeties C.J. Gardner-Johnson and Marcus Epps, linebackers T.J. Edwards and Kyrzir White, offensive linemen Isaac Seumalo and Andre Dillard and running back Miles Sanders, among others, depart in free agency.

It wasn't all doom and gloom. The team kept the excellent cornerback pairing of Darius Slay and James Bradberry intact, while veteran mainstays Jason Kelce, Fletcher Cox and Brandon Graham are all returning. And with two first-round picks and four selections inside the top 100, the team will have the opportunity to bolster the depth chart with talented—and cheaper—incoming rookies.

But extending Hurts was always the main priority this offseason after his excellent 2022 campaign, which saw him finish second in the MVP voting behind Patrick Mahomes. The 24-year-old had a career year, throwing for 3,701 yards, 22 touchdowns and six interceptions in 15 games, completing 66.5 percent of his passes, while adding 760 rushing yards and 13 additional scores.

The Eagles were 14-1 in his starts and eventually reached the Super Bowl, falling short to the Kansas City Chiefs. But the future is bright in Philadelphia, and Hurts is now officially the face of the franchise.