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When the Detroit Lions rolled out the red carpet for Jared Goff with a 4-year, $212 million extension, they sent shockwaves across the NFL quarterback market. As Mike Florio bluntly stated on The Pat McAfee Show, “When the Lions give Goff $53 million, it makes it easier for the other quarterbacks to say ‘Wait a minute, we kind of like that number.”
Just a couple of years ago, Goff was viewed as a contract albatross after the Rams traded him to acquire Matthew Stafford. But the former No. 1 overall pick has since completed an incredible “drive for revival” in the Motor City. Analyst Albert Greer aptly captured Goff’s renaissance: “Most folks would’ve guessed three years ago that Goff would be long gone from the Lions’ roster by now. Instead, he’s statistically matched Stafford.”
The numbers don’t lie – over the past three seasons, Goff has outperformed Stafford in passer rating (96.5 to 95.8), touchdowns (78 to 75), and interceptions (27 to 36). His $53 million average annual value dwarfs the $135 million extension Stafford inked with LA in 2022. From “salary dump” to the $50 million club, it’s been one hell of a comeback story.
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With the “Goff Standard” now set, other young QBs are inevitably going to want a piece of that pie. According to reports, LA is in talks to extend Stafford’s contract, which currently has two years remaining. Despite being 36 years old, Stafford’s performance rebounding from an injury-riddled 2022 campaign has the Rams valuing his leadership and looking to lock him up long-term. After Stafford led LA to a Super Bowl title in 2021, the Rams recognized his chemistry with top targets like Cooper Kupp makes their passing attack dynamic when healthy.
Tua Tagovailoa is likely eyeing Goff’s $170 million guaranteed with envy as he negotiates an extension in Miami. The same goes for Green Bay’s Jordan Love, who has a “put up or shut up” prove-it deal for 2024 before hitting the market. Florio summed it up bluntly: “Goff’s deal sure won’t help the Dolphins, Packers or 49ers if they were looking to get a little home discount.”
Even San Francisco’s Brock Purdy, the “Mr. Irrelevant” who turned into a playoff Cinderella story, now has new leverage thanks to this Lions deal resetting the quarterback pay scale yet again. In the words of Florio, Goff’s contract “changed everything” – a swing of this magnitude creates a domino effect felt in quarterback rooms across the league.
Jared Goff’s transition from gridiron afterthought to the bank vault
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Rewind to 2021, and few would have believed you if you said Jared Goff would become the face of the Lions’ rebuild while banking over $200 million guaranteed. Yet here we are, with “Goff mania” gripping Detroit after consecutive playoff-contending seasons.
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USA Today via Reuters
Credit: David Reginek-USA TODAY Sports
The eye-popping financials are simply the icing on the cake of Goff’s storybook career resurrection in Motown. As Greer eloquently stated, it’s “remarkable when you think of where Goff was at after he was traded in January 2021.” This extension solidifies his place as the Lions’ franchise quarterback for years to come – an incredible 180 after initially being labeled an albatross contract.
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As Pat McAfee quipped, “The only chant that Detroit has is Jared Goff’s name” – a far cry from the jersey burnings after the 2021 trade. This deal makes it an uphill battle for teams trying to get a “hometown discount” from their rookie-contract stars.
With one stroke of the pen, the Lions have raised the bar for QB compensation once again while firmly planting their flag with Goff as the long-term solution under center. When you’re trying to snap a 30-year playoff win drought, paying elite money for an inspired quarterback counts as “Honolulu blue-chip” asset management.