With the Browns, Garrett will now earn $40 million annually.
In addition to guaranteeing Myles Garrett’s return to the Cleveland Browns, his new contract agreement has radically changed the market for elite defensive players and non-quarterbacks. Garrett is now the highest-paid defensive player in the NFL by a wide margin after he and the Browns agreed to a four-year deal extension worth $40 million year with $123.5 million guaranteed.
Many were interested in the historic contract, including Micah Parsons of the Dallas Cowboys. Parsons responded to the trade on X, where he is anticipated to sign a contract extension this offseason. “Lol yooo wtf,” composed Parsons.
Maxx Crosby, who signed a $35.5 million-per-year contract earlier this week, was the highest-paid defensive player in the NFL prior to Garrett’s new agreement being disclosed on Sunday. Before the 2023 season, Nick Bosa, the previous highest-paid defensive player, got a contract worth $34 million year; Crosby’s deal was worth $1.5 million more.
For a year and a half, Bosa was the highest-paid defender in the NFL, but his contract from 2023 has since increased by $6 million annually. Given that Garrett made $40 million a year, this might have a big impact on the Cowboys and Parsons, who may be ready to sign a bigger contract.
Could Parsons’ position change now that the market has gotten to that level? In December, he stated that he doesn’t need to earn $40 million year. Parsons, after all, is among the best defensive players in the game and younger than Garrett. Because of his influence, the Cowboys may come to regret not paying some of their top players sooner as the market continues to rise.
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The Bengals have encountered a comparable circumstance. Although Cincinnati stated that it intended to make Ja’Marr Chase the NFL’s highest-paid non-quarterback, that figure has since increased to $40 million. Chase will probably earn significantly more money as a result of Garrett’s contract if the Bengals fulfil their promise, as Justin Jefferson is now the highest paid receiver at $35 million annually.
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