The Philadelphia Eagles have signed quarterback Carson Wentz to a four-year contract extension, the team announced Thursday.
The deal is worth $128 million with a maximum value of $144 million and includes over $107 million guaranteed, a source told ESPN’s Adam Schefter. That guaranteed figure breaks the record established by Russell Wilson.
Wentz had two years left on his rookie contract, so his new deal ties him to the franchise through the 2024 season. The agreement removes any doubt the Eagles would hesitate to give the 26-year-old a long-term contract due to his injury history.
The former No. 2 overall pick has failed to finish either of the last two seasons while suffering from significant knee and back ailments. When healthy, Wentz has shown the ability to perform as a franchise quarterback. He was on track to claim league MVP honors in 2017 before tearing his ACL late in the campaign, and he threw for 3,074 yards with 21 touchdowns and seven interceptions in 11 games last year.
Get all the latest Betting and Sport News updates on your social media outlets.
The extension is similar to the one the Seattle Seahawks gave Russell Wilson, who signed a four-year, $140 million extension with $107 million in guarantees in April.
The Eagles have been open about their desire to lock Wentz into a megadeal. Howie Roseman, the executive vice president of football operations, said at the owners meetings in March that “having Carson here long-term is our goal” and the organization will “work toward that.” Chairman/CEO Jeffrey Lurie added he would “absolutely” be comfortable extending Wentz this year, even though Wentz is coming off two significant injuries and was under contract through 2020.
The price for premium quarterbacks is only going to go up, and with Patrick Mahomes eligible for a contract after this season, the cost could soon skyrocket. By extending Wentz now, the Eagles assume some significant risk but will save millions on the back end if Wentz returns to MVP form, as they expect him to.
Check WagerWeb and find the best online betting site.