Justin Herbert contract extension

Breaking down the cap: Chargers QB Justin Herbert’s new contract

Here is a full breakdown of the cap from Justin Herbert’s new contract moving forward for the Chargers.

Quarterback Justin Herbert’s payday arrived with the Chargers, agreeing to terms on a massive $262.5 million extension, locking him in until 2029.

Here is a full breakdown of the cap from Herbert’s new contract moving forward for the Chargers.

Herbert’s signing bonus is $16.12 million and will be prorated over five seasons. He also has the chance to earn a bonus of $50.61 million in 2024 (prorated over 5 years) and another option bonus of $45 million in 2024 (prorated over 5 years.)

2023: Base salary of $1.01m, signing bonus (including rookie bonus) $7.45m, cap hit $8.46m

2024: Base salary of $6m, signing bonus $3.22m, optional bonus $10.12m, cap hit $19.35m

2025: Base salary of $15m, signing bonus $3.22m, optional bonus $19.12m, cap hit $37.35m

2026: Base salary of $24m, signing bonus $3.22m, optional bonus $19.12m, cap hit $46.35m

2027: Base salary of $36m, signing bonus $3.22m, optional bonus $19.12m, cap hit $58.35m

2028: Base salary of $47m, roster bonus $5m, optional bonus $19.12m, cap hit $71.12m

2029: Base salary of $40.5m, roster bonus $10m, optional bonus $9m, cap hit $59.5m

Though the cap numbers above are shockingly high, Herbert should be restructured going into the 2027 season – five years after his initial signing. His contract is mostly likely to be either extended again or reworked to push the cap into further years, extending his time on this current deal before striking up another one. The salary cap also increases every season, allowing Herbert to stay well under 20% of the team’s total projected cap space in the seasons to come.

Chargers HC Brandon Staley: Justin Herbert contract talks are ‘ongoing’

Brandon Staley sounded off on the Chargers’ contract negotiations with Justin Herbert.

Chargers quarterback Justin Herbert is due for a contract extension. When? That remains to be seen. But he will get one soon.

On Monday, head coach Brandon Staley said negotiations are “ongoing,” according to ESPN’s Lindsey Thiry. Staley said this before participating in the team’s charity golf tournament.

Staley last provided an update ahead of the NFL draft, and while he believes not much has changed since then, he expressed continued “faith” in the organization.

Los Angeles exercised Herbert’s fifth-year option this past April. Even though a deal has not been made, Herbert expressed his commitment to the Chargers.

“They’ve done such a great job of taking care of us and my message really hasn’t changed,” Herbert said. “It’s been an honor to be a part of this team. It’s great to come to events like this and whatever happens, happens and it’s out of my control at this point.”

Herbert was also asked if he would be OK with playing this upcoming season without a deal.

“That’s a good question. I think that’s something you have to address and you have to think about,” Herbert said. “My job at this point is just to play quarterback and to be the best leader, quarterback and teammate that I can be. So I’m doing everything I can to rehab, get back and make sure my shoulder is ready for this season.”

Herbert, who tore his labrum in his left shoulder in the team’s Week 17 victory over the Jaguars, provided an update on how he was feeling after getting surgery back in January.

“I feel a lot better,” Herbert said. “The shoulder is holding up, been able to lift quite a bit more, conditioning, so picking up more, especially upper body-wise. So it has been tough. It’s an unlike any other offseason for me, but you have to find a way to make it work.”

In three seasons, Herbert has 14,089 passing yards, 94 touchdowns and 35 interceptions with a 66.9 completion percentage.

Chargers HC Brandon Staley on potential contract extension for Justin Herbert: ‘We all know how we feel about Justin’

Brandon Staley seemed optimistic about a potential extension for Justin Herbert.

The Los Angeles Chargers live and die by the contributions they get from quarterback Justin Herbert, and entering the last year of his rookie contract, the team would be wise to figure out his next deal sooner rather than later.

Head coach Brandon Staley addressed the team’s need to sign Herbert to an extension in his comments to reporters at the Chargers’ end-of-season press conference. He seemed optimistic about the quarterback’s future with the team.

“I think that’s going to be a big topic in the offseason,” Staley explained. “I think we all know how we feel about Justin. I know those conversations will take place in the right space and time. We have really good relationships with his team. I’m confident that Justin Herbert is going to be a Charger for a long time.”

After another season without a playoff win, Los Angeles will need to do everything in its power to surround Herbert with a play-caller that will maximize his strengths and bring him an explosive pass-catcher with speed.

If they can’t, and a long-term deal isn’t made in the near future, Herbert could choose to seek greener pastures when his contract expires.