Tua Tagovailoa, Dolphins Agree to Historic $212.4M Extension with $167M Guaranteed, $53.1M AAV

Jul 26, 2024, 07:12 PM

The Miami Dolphins and quarterback Tua Tagovailoa have agreed to a four-year contract extension worth $212.4 million, including $167 million guaranteed. This deal makes Tagovailoa the third highest-paid quarterback in NFL history on an annual average value (AAV) basis, at $53.1 million per year. The extension is the largest four-year deal in NFL history and represents 20.8% of the current league salary cap. Tagovailoa's new contract places him ahead of notable quarterbacks such as Justin Herbert, Lamar Jackson, Jalen Hurts, and Patrick Mahomes in terms of AAV. The guaranteed amount ranks eighth among NFL contracts. This extension solidifies Tagovailoa's position as the Dolphins' franchise quarterback for the foreseeable future.