Despite the punditry on this website, the Los Angeles Rams have decided that paying $40 million a year for a quarterback that gives them a chance to compete is worth it.
Ian Rapoport has reported that the Rams are extending Matthew Stafford for four years at $160 million with $135 million guaranteed.
It’s a 4-year extension worth $160M, source said. He gets $135M guaranteed. https://t.co/ZTI3EWtgF0— Ian Rapoport (@RapSheet) March 19, 2022
In fact, it’s even more per year per Rapoport:
More specifics on Matthew Stafford’s extension: It’s effectively a 3-year extension worth $129M — $43M a year. There are added years for cap purposes. But $43M over the next 3 of the deal. And Stafford took less than he could’ve to help build on a Super Bowl-caliber team. https://t.co/ZTI3EWtgF0— Ian Rapoport (@RapSheet) March 19, 2022
Now, on this here site I’ve been assured that paying a quarterback that much basically handicaps the team.
However, if you read the second tweet from Rapoport this is essentially a team friendly deal.
The Cardinals were offered a similar contract from a quarterbacks agent allegedly, heard it was four years $160 million, $120 guaranteed.
However that was likely too much and the Cardinals would be completely cash strapped doing a deal like that.
Needless to say the Rams don’t have a problem with this, as an agent has pointed out.