Justin Herbert signed a 5 Years, $262,500,000 contract with the Los Angeles Chargers on July 25, 2023. The contract runs through the 2029 season and has an average annual value of $52,500,000. It also came with a $16,128,376 signing bonus and $133,738,376 guaranteed. Herbert was represented by David Dunn, Justin Schulman (Athletes First) in negotiations.
Year | Base Salary | Cap Hit | Cap % |
---|---|---|---|
2023 | $1,010,000 | $8,458,176 |
3.76%
|
2024 | $6,000,000 | $19,345,675 |
7.57%
|
2025 | $15,000,000 | $37,345,675 |
14.09%
|
2026 | $24,000,000 | $46,345,675 |
16.32%
|
2027 | $36,000,000 | $58,345,675 |
18.58%
|
2028 | $47,000,000 | $71,120,000 |
21.24%
|
2029 | $40,500,000 | $59,500,000 |
16.61%
|