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Kyler Murray, Cardinals Agree to New Contract; Reportedly $230.5M as No. 2 Paid QB

Kyler Murray's interesting offseason resulted in a major payday.

The Arizona Cardinals announced Thursday they reached an agreement with their star quarterback on an extension through the 2028 season.

According to ESPN's Adam Schefter, the deal is worth $230.5 million with $160 million guaranteed. Murray's $46.1 million annual salary will rank second among quarterbacks behind the Green Bay Packers' Aaron Rodgers.

Murray and the Cardinals had quite the offseason. After losing to the Los Angeles Rams in the NFC Wild Card Round, ending a season that the Cardinals started 7-0 before losing six of their next 10 games, Murray told reporters the year was a "massive failure.