The Miami Dolphins signed quarterback Tua Tagovailoa to a four-year contract extension valued at a franchise-record $212.4m, in accordance with media stories on Monday.
At a median of $53.1m per yr, Tagovailoa will rank third within the NFL in quarterback pay behind Jacksonville’s Trevor Lawrence and Cincinnati’s Joe Burrow. The deal contains $167m assured, eighth most amongst quarterbacks.
ESPN first reported the extension, attributing the phrases to the company that represents Tagovailoa, Athletes First. The Dolphins didn’t announce the extension, although the crew did put up a video of Tagovailoa on social media Friday afternoon.
Tagovailoa was nonetheless taking part in below the contract he signed when the Dolphins made him the fifth total number of the 2020 draft. Tagovailoa was in search of a contract much like these signed by Burrow and Justin Herbert, who have been drafted the identical yr. After their rookie offers, Burrow and Herbert signed multiyear contracts in extra of $200m.
All through negotiations, Tagovailoa participated within the crew’s offseason exercises and components of the primary few days of coaching camp. He was a full participant on Friday.
Tagovailoa, who sustained a number of concussions his first three NFL seasons, positioned himself for a giant pay bump with an injury-free and productive 2023. He threw for 29 touchdowns and a league-best 4,624 yards.
The Dolphins reached the postseason however have been eradicated within the first spherical by eventual Tremendous Bowl champion Kansas Metropolis, extending to 24 years Miami’s stretch and not using a playoff win.
The contract extension will hold Tagovailoa with Miami by 2028.