Birds 365 and Ric Serritella react to Jalen Hurts contract
Jason Brown CPA Focus On Growth, I Got Your Back!
Follow Tom Pelissero on Twitter.
Jalen Hurts will be in Philadelphia for years to come.
The Eagles and their superstar quarterback agreed to terms Monday on a five-year, $255 million contract extension that makes him the highest-paid player in NFL history, per sources. The team later announced the deal.
Hurts' deal has $179.304 million in total guarantees, including $110 million fully guaranteed at signing and $126.5 million fully guaranteed by March 2024, as well as the first no-trade clause in Eagles history -- another sign of the franchise's faith in Hurts, who is still only 24 years old.
The Eagles QB can earn an additional $15 million in incentives, giving him an opportunity to make as much as $274.304 million through 2028, including $4.304 million that he would've been due in the last year of his original rookie contract this season.
Hurts gets a raise in 2023, including a $23.294 million signing bonus, and will make $64 million through the first new year in 2024. The Eagles now have him under contract for the next six years, on a deal that preserves their flexibility to keep the team intact around him.
The deal was negotiated by Hurts' agent, Nicole Lynn, and is believed to be the largest contract ever completed by a female agent.
A second-round pick (53rd overall) in the 2020 NFL Draft, Hurts started four games in 2020 and then took over as the full-time starter the following year. His third NFL season was his best -- Hurts completed 66.5% of his passes for 22 touchdowns and six interceptions, plus another 760 yards and 13 TDs rushing, as he earned a Pro Bowl nod and led the Eagles to Super Bowl LVII.
The total guarantee of $179.304 million on Hurts' new deal is the second-largest in NFL history behind only Deshaun Watson 's five-year, $230 million fully guaranteed deal with the Browns last year. Only Watson and Broncos quarterback Russell Wilson had more money fully guaranteed at signing than Hurts' $110 million. The total cash is second in NFL history behind only the 10-year, $450 million extension Patrick Mahomes signed with the Chiefs in 2020.
Follow Tom Pelissero on Twitter.
https://foresightcpas.com/
Beyond The NumbersCPAs and tax advisors that drive actionable business insights.
Welcome to Foresight Financial CPA, your trusted partner for all your financial needs. We are a full-service CPA firm located in beautiful Boca Raton, with a boutique culture that focuses on you and your growth.
My name is Jason Brown, and I'm the CEO of Foresight Financial CPA. I will be the one meeting with you on your discovery call.
Focus On Growth, I Got Your Back!
Here is the itinerary of the call:
- You will tell me about your current situation.
- You will tell me about your goals.
- I will ask about your current team.
- We will isolate the problem if there is one.
- I will walk you through a solution ONLY if you are a good fit.
I look forward to seeing if we can help you accomplish your goals.
At Foresight Financial, we understand that your business is unique, and that's why we offer personalized solutions to meet your specific needs. We cater to a wide range of industries, including brokerage services, cannabis, construction, real estate, life science, medical devices, restaurants, startups, and software as a service among others. Our services transcend accounting to include virtually every aspect of your financial life, whether it is corporate, personal or estate.
We offer a range of services, including audits, mergers and acquisition services, tax planning and preparation, introductions to angel and venture capital sources, bank reconciliations, debt financing, bookkeeping, valuation, investment advisory, and due diligence. We are also CFOs for companies in many industries, including staffing, bio science, manufacturing, retail, construction and we will work with you to increase profit margin, net income, EBITDA, cash flow and valuation.
Our team of professionals is committed to serving, collaborating, and providing the highest level of personalized client care for entrepreneurs and businesses. We take the time to get to know you and your business, and we will analyze your information to help you make the best business decisions.
We specialize in tax planning and preparation, and we will provide you with effective tax minimization strategies, estate, retirement, or exit strategy planning to help you achieve your financial goals. For startups and companies looking to raise money, we prepare financial models, determine how much to raise and your use of proceeds. We will connect you with potential investors and prepare you to pitch.
At Foresight Financial, we offer a wide range of accounting services, including business tax return preparation, individual tax return preparation, tax filing, bookkeeping services, FTB audits/conflict resolution, IRS audits/conflict resolution, and tax planning. We are dedicated to helping you achieve financial success, and we will work with you every step of the way.
In conclusion, at Foresight Financial, we are committed to providing you with the highest level of personalized service and expertise. Our team of professionals has the knowledge and experience to help you achieve your financial goals, whether it's for your business or personal life. Contact us today to learn how we can help you see beyond the numbers!
Don't hesitate to reach out if you have any feedback or questions.
Best,
Jason Bown
