2024 Salary Breakdown: Earnings of Lions QB Jared Goff

Exploring the Rise and Rewards of Jared Goff's Career.

by Nouman Rasool
2024 Salary Breakdown: Earnings of Lions QB Jared Goff
© Nic Antaya/Getty Images

Jared Goff, the Lions' skilled quarterback, has remarkably rewritten his narrative since moving to Detroit. Once perceived as a potential draft disappointment, Goff, the first overall pick of the 2016 NFL Draft, has flourished under the guidance of coach Dan Campbell and offensive coordinator Ben Johnson.

Now 29, he's not only enhanced his precision but also significantly reduced turnovers, evolving into a highly efficient starter in one of the league's most dynamic offenses.

Goff's Financial Landscape

The fiscal aspect of Goff's journey is equally compelling.

As NFL quarterback salaries skyrocket, Goff's earnings look increasingly reasonable. So, what does his financial landscape look like? Goff is nearing the end of a four-year, $134 million deal signed with the Rams in 2019, before being traded to Detroit.

The Lions have borne the brunt of the annual costs, while the Rams paid a substantial sum in guarantees. With an average annual value (AAV) of $33.5 million, Goff ranks 16th among NFL quarterbacks in earnings. His cap hit peaks at $31.65 million in 2024, with free agency looming post-season.

His contract details, as per Spotrac.com, are as follows:

  • 2021: Base salary of $5,650,000, total bonuses of $5,000,000, cap hit of $10,650,000
  • 2022: Base salary of $10,650,000, total bonuses of $20,500,000, cap hit of $31,150,000
  • 2023: Base salary of $20,975,000, total bonuses of $10,000,000, cap hit of $30,975,000
  • 2024: Base salary of $21,650,064, total bonuses of $10,000,000, cap hit of $31,650,064
Detroit might consider extending Goff, given his solid performance.

His career earnings, surpassing $161 million, place him 12th in NFL history and 9th among quarterbacks. His net worth, estimated at $70 million by Celebrity Net Worth, reflects his contracts and endorsement deals with brands like Red Bull, BMW, and Nike.

Despite his substantial earnings, Goff's AAV doesn't make the top 10 among NFL quarterbacks, a list dominated by names like Joe Burrow and Patrick Mahomes. His contract, once among the NFL's most lucrative, has been eclipsed by deals like Mahomes' staggering $450 million contract with the Chiefs.

Goff's story is not just about numbers. It's about resilience and adaptability. Leading the Lions to their first NFC championship game since 1992, he's demonstrated his value far beyond his paycheck. The anticipation now revolves around his next contract and whether he can elevate the Lions even further.