Justin Herbert

Quarterback

Age: 26
Free Agency: 2030 (UFA)
Accrued Seasons: 4
  • 2024 Salary Cap Charge: $19,345,675 (7.36% of cap)
  • 2024 Cash Payout: $56,606,500 (32.23% of spending)
  • 2024 Cash to Cap Ratio: 2.93
  • Contract Value: $262,500,000 ($52,500,000 APY)
  • Fully Guaranteed Money: $133,738,375
  • Contract Ranking: 2/102 at QB

Current Contract

(Extension, signed 2023)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated BonusRoster BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
SigningOption
202325$1,010,000$7,446,876$0$0$1,010,000$8,456,8763.7%
202426$6,000,000$3,224,375$10,121,300$0$6,000,000$19,345,6757.4%
2025 📝
March 17: 2026 salary is guaranteed
27$15,000,000$3,224,375$19,121,300$0$15,000,000$37,345,67514.4%
2026 📝
March 17: 2027 salary is guaranteed; $25 million of 2028 salary guaranteed for inj
28$24,000,000$3,224,375$19,121,300$0$0$46,345,67516.3%
2027 📝
March 17: $25 million of 2028 salary is guaranteed
29$36,000,000$3,224,375$19,121,300$0$0$58,345,67518.6%
2028 📝
March 17: Roster bonus due
30$47,000,000$0$19,121,300$5,000,000$0$71,121,300--
2029 📝
March 17: Roster bonus due
31$40,500,000$0$9,000,000$10,000,000$0$59,500,000--
Total$169,510,000$20,344,376$95,606,500$15,000,000$22,010,000$300,460,876

Contract Notes

Justin Herbert signed a five year, $262.5 million contract extension with the Chargers. $133.7 million is fully guaranteed at signing and $193.7 million is guaranteed for injury at signing. Herbert received a $16.12 million signing bonus. He has fully guaranteed option bonuses worth $50.6 million and $45 million in 2024 and 2025. In addition his salaries in 2024 and 2025 are fully guaranteed at signing. If Herbert is on the roster on the 3rd day of the 2025 league year he will have his 2026 salary fully guaranteed. On the 3rd day of the 2026 league year Herbert will earn a full guarantee on his 2027 salary and a $25 million injury guarantee for 2028. If on the roster on the 3rd day of the 2027 league year, $25 million of his 2028 salary will become fully guaranteed. Herbert will earn a $5 million roster bonus on the 3rd day of the 2028 league year. If on the roster on the 3rd day of the 2029 league year, Herbert will earn a $10 million roster bonus. An additional $2.5 million in 2029 salary is available as escalators and incentives based on playoff performance.

Cash Flows

- fully earned money
- unearned or partially earned money
$52.5M
$105M
$157.5M
$210M
$262.5M
2023202420252026202720282029
Cash Due$12,897,500$27,102,500$60,000,000$24,000,000$36,000,000$52,000,000$50,500,000
Running Cash$12,897,500$40,000,000$100,000,000$124,000,000$160,000,000$212,000,000$262,500,000
Career Earnings: $39,476,254
Career APY: $9,869,064
Potential Earnings: $318,582,754
Total Guarantees: $160,317,129
Largest Cash Payment: $60,000,000 (2025)
Largest Cap Number: $71,121,300 (2028)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
ChargersDraftedExtended20204$26,578,754$6,644,689$26,578,754$22,344,37984.1%$7,448,126
ChargersExtensionActive20235$262,500,000$52,500,000$133,738,375$17,131,8756.5%$17,131,875
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Chargers4$39,476,254$9,869,064$26,578,7540.0%$00.0%

Season History

YearTeamBase SalaryProrated BonusOption BonusRoster BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2020Chargers$610,000$4,222,501$0$0$610,000$4,832,5012.4%$17,500,004
2021Chargers$780,000$4,222,501$0$1,038,125$1,818,125$6,040,6263.2%$1,818,125
2022Chargers$895,000$4,222,501$0$2,131,250$3,026,250$7,248,7513.4%$3,026,250
2023Chargers$1,010,000$7,446,876$0$0$1,010,000$8,456,8763.7%$17,131,875
2024Chargers$6,000,000$3,224,375$10,121,300$0$6,000,000$19,345,6757.4%$56,606,500
2025Chargers$15,000,000$3,224,375$19,121,300$0$15,000,000$37,345,67514.4%$60,000,000
2026Chargers$24,000,000$3,224,375$19,121,300$0$0$46,345,67516.3%$24,000,000
2027Chargers$36,000,000$3,224,375$19,121,300$0$0$58,345,67518.6%$36,000,000
2028Chargers$47,000,000$0$19,121,300$5,000,000$0$71,121,300--$52,000,000
2029Chargers$40,500,000$0$9,000,000$10,000,000$0$59,500,000--$50,500,000
Total$171,795,000$33,011,879$95,606,500$18,169,375$27,464,375$318,582,754$318,582,754

Statistics

YearGames PlayedGames InactiveSnapsPassingRushingFumbles
InjuredHealthyOffenseSpecialComp/AttPctYardsTDINTSackedRatingAttYardsAvgTDTotalLost
2020150093.4%0.0%396/59566.6%433631103298.3552344.3500
2021170099.6%0.0%443/67265.9%501438153197.7633024.8300
2022170097.5%0.0%477/69968.2%473925103893.2541472.7000
2023130072.4%0.0%297/45665.1%31342072993.2522284.4300

Valuation Diamond

The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.

OTC ValuationAPY
Regular$23,944,000$52,500,000
Injury Adjusted$23,944,000$52,500,000
test
OTC Valuation $7.2M $14.4M $21.6M $28.8M $36M APY $9.2M $18.3M $27.5M $36.7M $45.8M $25,867,000 $33,333,333

Weekly Valuation Trends

The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.

To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.