Jared Goff Contract: Lions Star's Deal Is Huge Bargain For Detroit Amid Incredible Season

Detroit Lions - NFC Wild Card Playoffs - Los Angeles Rams v Detroit Lions
(Photo : Gregory Shamus/Getty Images) DETROIT, MICHIGAN - JANUARY 14: Jared Goff #16 of the Detroit Lions throws the ball during the third quarter against the Los Angeles Rams in the NFC Wild Card Playoffs at Ford Field on January 14, 2024 in Detroit, Michigan.

Detroit Lions quarterback Jared Goff has enjoyed a notably successful career in the NFL over the past few years, making the Pro Bowl game thrice.

Th 29-year-old etched his name in history by guiding his current team to its first playoff victory in over three decades, achieving this milestone with a triumph over his former team, the Los Angeles Rams in the 2023-24 Wild Card round.

Originally drafted by the Rams as the first overall pick in the 2016 NFL Draft, Goff led the team to a Super Bowl LIII appearance in the 2018 season, ultimately falling short against Tom Brady and the New England Patriots.

Before the 2021 season, Goff was part of a high-profile trade to the Detroit Lions in exchange for quarterback Matthew Stafford, along with the Rams' first-round draft picks in 2022 and 2023, and a 2021 third-round pick.

Let's take a look at the details of Jared Goff's contract, career earnings, and salary.

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Jared Goff Contract: $134 million

In the summer of 2019, Goff signed a four-year contract extension with the Rams valued at $134 million, with $110 million in guaranteed money.

This agreement not only extended his tenure but also replaced the salary for the remaining two years of his rookie contract, resulting in a total commitment for the next six years after signing.

The contract continued to take effect even after he was traded to the Detroit Lions ahead of the 2021 NFL season.

Prior to the extension, Goff was on a four-year rookie contract worth $27.9 million, signed after he was drafted by the Rams in 2016.

Jared Goff Career Earnings

At the conclusion of the 2023 NFL season, Goff is anticipated to amass $161 million in NFL salary throughout his initial eight seasons in the league, as reported by Spotrac.

It's important to note that this total is strictly only his salary from the Rams and Lions and does not include additional earnings derived from off-field pursuits like endorsements and partnerships. Deductions for taxes, agent fees, and other business expenses are also excluded.

When considering the final year of his existing contract for the 2024 season, the quarterback is expected to reach $187.6 million in career earnings by the conclusion of the following year.

As Goff enters discussions for his next NFL contract within the year, he will be either 29 or 30 years old, presenting a favorable position to negotiate a higher salary based on his performances in the 2023 season.

Forecasts suggest that Goff could potentially secure a five-year contract ranging between $42 to $50 million per season, with the possibility of the amount trending towards the higher end the deeper Detroit makes it in the playoffs.

Jaren Goff Salary 2023 season

In the ongoing 2023 NFL season, Goff is slated to earn $25.975 million, comprising a $20.975 million base salary and a $5 million roster bonus, as per figures from Over The Cap.

During the previous season,the former California Golden Bears signal-caller earned a slightly higher compensation, totaling $26.150 million. This sum is comprised of a $10.65 million base salary and a $15.5 million roster bonus.

Looking ahead to the upcoming season, the former first overall pick is set to experience a slight uptick in compensation, securing a base salary of $21.65 million and a $5 million roster bonus, totaling $26.65 million, before entering negotiations for his subsequent contract. 

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