The Detroit Lions announced that quarterback Matthew Stafford has agreed to a contract extension to remain in Detroit through the 2022 NFL season.
Matthew Stafford’s five-year extension is worth $135 million, according to Ian Rapoport of NFL Network. The deal gives Stafford $92 million in guaranteed money including a $50 million signing bonus. The previous record for guaranteed money was $87 million for Andrew Luck of the Indianapolis Colts.
Stafford is guaranteed $60.5 million at signing and $86 million by the start of year two of the contract. The full $92 million is guaranteed by year three of the contract.
We have agreed to terms with QB Matthew Stafford on a five-year contract extension through the 2022 season.
— Detroit Lions (@Lions) August 29, 2017
Earlier this summer, the Oakland Raiders made quarterback Derek Carr the highest salaried player with a contract of $25 million per year. Now it’s the Detroit Lions who roster the highest yearly earning player.
Matthew Stafford was the first overall pick in 2009 by the Detroit Lions out of Georgia. Stafford has had much success and has had his fair share of misfortunes. Early in his career he suffered a season ending injury to his shoulder that required him to sit out an entire year. He has since followed that up with a 5,000 yard season and multiple 4,000 yard passing seasons. He has always had the luxury of playing next to a dynamic receiver in the wide-out. With the talent around him, it’s baffling that he has a high turnover rate. Through his eight seasons, he has 108 interceptions and 18 lost fumbles. That equates to more than one turnover per game.
With such a large commitment to Stafford, the Detroit Lions will need to become more of a threat to make the playoffs in order to justify such a large deal. The team has only made the post-season in three of the eight seasons in which Stafford has been the starter.