Kyler Murray’s 2024 Salary, NFL Contracts & Net Worth Breakdown

Kyler Murray’s rise in the NFL has been as impressive as his wealth. In 2024, his contract and earnings make him one of the most well-paid quarterbacks in the league.

Kyler Murray Quick Facts

What is the Net Worth of Kyler Murray in 2024?

Kyler Murray’s estimated net worth in 2024 is $40 million, making him one of the wealthiest young quarterbacks in the NFL.

Compared to some of his peers, his fortune is on the rise:

• Cam Newton
• Lamar Jackson
• Josh Allen
• Deshaun Watson

Kyler’s net worth in 2024 reflects his substantial contracts and endorsements, placing him in contention for the title of Richest NFL Player.

What is the Salary/Income of Kyler Murray in 2024?

Kyler Murray’s 2024 salary reflects his stellar performance and value to the Arizona Cardinals. He signed a $230.5 million contract extension in 2022, which solidified his status as one of the highest-paid quarterbacks in the NFL.

Murray will earn a base salary of $37 million for the 2024 season. He will also receive a prorated bonus of $3.5 million, a roster bonus of $7.2 million, and a workout bonus of $850,000.

His total cap charge for the year amounts to $49.1 million, taking up 18.2% of the team’s cap space. This significant portion highlights his role as a franchise player for the Cardinals.

Looking at his contract further, Murray’s $230.5 million deal includes $103.3 million in fully guaranteed money. His average per year (APY) from this contract is $46.1 million, placing him among the top 10 highest-paid quarterbacks in the league.

Murray’s previous contracts also contributed to his fortune. When drafted in 2019, he signed a four-year deal worth $35.1 million, with $35 million guaranteed.

His performance during his rookie season, where he won NFL Offensive Rookie of the Year, helped secure his place as one of the league’s most valuable players.

Beyond his base salary and bonuses, Murray has earned various performance-based rewards and incentives throughout his career. His 2024 earnings place him among the top earners in the NFL, especially compared to other quarterbacks like Patrick Mahomes and Lamar Jackson, who have similarly lucrative deals.

Kyler Murray’s career is still on an upward trajectory. His earnings are set to continue growing as he enters his sixth season with the Cardinals and further proves himself as a leading quarterback in the league.

The deal signed in 2022 ensures that Murray remains financially secure, with additional potential earnings down the line if the Cardinals restructure his deal or offer further extensions as he continues to perform at an elite level.

Career and Earnings Overview of Kyler Murray

Kyler Murray has established himself as one of the most well-compensated players in the NFL. His earnings have skyrocketed since being drafted in 2019 due to consistent performance and a high-value contract extension in 2022.

Career Earnings

Murray has accumulated significant wealth since entering the NFL. His career earnings as of 2024 total approximately $99,134,284, with a career average per year (APY) of $19,826,857.

His potential earnings through his current contract stand at nearly $295,826,644. These figures include base salaries, signing bonuses, and other incentives, placing him among the top earners in the league.

Earnings By Team

His entire NFL career has been with the Arizona Cardinals, where he has become an essential player. Over five years, his salary reflects his value to the team.

He has earned around $99.1 million, of which $52.9 million has been accounted for under the salary cap. The Cardinals have invested heavily in him without any paid dead money.

Contracts

Kyler Murray’s first contract was a four-year, $35.1 million rookie deal, fully guaranteed. After a strong rookie season, where he won NFL Offensive Rookie of the Year, the Cardinals extended his contract in 2022, offering him a $230.5 million deal over five years.

This extension came with $103.3 million in fully guaranteed money, which solidified his status as one of the highest-paid quarterbacks in the NFL. His annual salary is now $46.1 million, positioning him among elite players like Patrick Mahomes and Lamar Jackson.

Dead Money & Cap Savings

Murray’s contract is structured to minimize the Cardinals’ risk. Should the team decide to release him, they would face significant dead money charges, mainly if the cut occurs before June 1 of each contract year.

For example, if released early, the 2024 season carries $55.4 million in dead money, highlighting how heavily the Cardinals are invested in Murray’s success. As the years progress, the dead money decreases, but it remains substantial even through 2026 and 2027.

Year-by-Year Salary Breakdown

In 2024, Kyler Murray will earn a base salary of $37 million. He also receives additional bonuses, including a prorated signing bonus of $3.5 million, a roster bonus of $7.2 million, and a workout bonus of $850,000, bringing his total cap hit to $49.1 million, or 18.2% of the Cardinals’ salary cap.

His income will slightly decrease in 2025 when his base salary drops to $18 million, but his total earnings will remain high due to ongoing bonuses and guarantees.

Murray’s base salary rises to $22.8 million by 2026; by 2027, it falls to $19.5 million, still a significant amount by any standard.

Finally, in 2028, he is due to receive his largest cash payout yet: $34 million, with no prorated bonuses, which brings his total payout for the year to $46.3 million.

Murray’s financial success is tied to his NFL performance and savvy contractual negotiations, which ensured long-term stability and maximized his earnings throughout his career.

Contract Highlights and Bonuses

• In 2022, he secured $24.5 million in cash earnings; in 2023, he earned $9.3 million.
• His cash payout for the 2024 season is projected to be $38.85 million, one of the largest in the NFL.
• Future payouts, such as $32.6 million in 2025 and $42.5 million in 2026, demonstrate how he’ll continue to benefit from this lucrative deal.
• By 2028, his total cash earnings will have reached an impressive $230.5 million.

Overview of Kyler Murray

Early Life

Kyler Murray was born in Bedford, Texas, on August 7, 1997. He comes from a family with a rich sports background. His father, Kevin Murray, was a star quarterback in college, while his uncle, Calvin Murray, played professional baseball.

Murray displayed his athletic prowess early on, excelling in both football and baseball during his high school years at Allen High School. He led his team to multiple state championships, and his incredible dual-sport talent earned him national recognition.

Club Career

Kyler Murray’s club career in the NFL began in 2019 when the Arizona Cardinals drafted him as the first overall pick. Murray quickly made an impact, winning the NFL Offensive Rookie of the Year award.

His standout performances included his ability to combine passing accuracy with an incredible rushing ability, making him a dynamic dual-threat quarterback.

His career trajectory skyrocketed, and by 2022, he signed a five-year, $230.5 million contract extension, solidifying his role as the franchise quarterback.

Over the seasons, Murray has led the Cardinals to numerous victories, showcasing his growth as a passer and leader.

His contract reflects his high value to the team, and his earnings have steadily increased each season.

International Career

While Murray hasn’t had an international football career, his name gained recognition internationally due to his dual-sport abilities.

Murray was also drafted by Major League Baseball’s Oakland Athletics in 2018, but he ultimately chose to pursue a career in the NFL. His decision was highly scrutinized, yet it proved correct, given his success in professional football.

Style of Play

Kyler Murray is widely recognized for his dual-threat capabilities. At 5’10” and 195 lbs, he breaks the traditional mold of an NFL quarterback. His speed and agility make him a dangerous runner, while his arm strength and accuracy allow him to make deep throws.

His ability to escape pressure and extend plays makes him one of the most exciting quarterbacks to watch. His playing style is often compared to Russell Wilson’s, another smaller-framed, mobile quarterback.

Murray’s playmaking abilities make him a cornerstone for the Arizona Cardinals and one of the more unique quarterbacks in the league today. His ability to lead an offense through the air and on the ground is rare, and his style continues evolving with experience.

Personal Life

Murray tends to keep his personal life private. He comes from a close-knit family and credits his father as the most significant influence on his development as a player. In interviews, Murray has shared that his father’s coaching has been pivotal in shaping his football career.

Off the field, Kyler has various endorsements with brands like Nike, BodyArmor, and EA Sports, which have contributed to his growing net worth. Despite the spotlight, Murray is known to focus heavily on his training and preparation for games.

He has also been active in charitable causes, including supporting youth football programs and community outreach initiatives in the Phoenix area.

Real Estate

As a high-earning athlete, Kyler Murray has made notable investments in real estate. His primary residence is in the Phoenix area, close to the Cardinals’ facilities.

Although specific details about his properties are often kept private, it is common for athletes of his stature to own luxury homes. His real estate investments contribute to his overall wealth.

Honors

Murray has received several honors and awards throughout his career, which continue to add to his impressive resume. His critical accolades include:

• Heisman Trophy (2018) – Awarded to the most outstanding player in college football while at Oklahoma University.
• NFL Offensive Rookie of the Year (2019) – For his standout performances during his rookie season with the Cardinals.
• Pro Bowl Selections (2020, 2021) – Recognized for his performances as one of the top quarterbacks in the league.
• First Overall NFL Draft Pick (2019) – Becoming the first player to be drafted in the NFL and MLB’s first round.

Social Media Accounts

FAQs About Kyler Murray

Who is Kyler Murray sponsored by?

Kyler Murray announces partnership with ‘Call of Duty,’ plays off past criticism – The Athletic.

When can the Cardinals get rid of Kyler Murray?

Murray will earn a fully guaranteed $35.3 million salary in 2024. And on March 17, the fifth day of the 2024 league year, if Murray is on the roster, he’ll lock in a fully guaranteed $11.9 million for the 2025 season. So if the Cardinals choose to trade Murray, they’ll want to do it before March 17.

How tall is Kyler Murray?

At the NFL Combine, Murray was not expected to match his listed height of 5 ft 10 in (1.78 m) because colleges often exaggerate measurements to make players more attractive to professional teams.

How much does Kyler make?

Murray is earning $46.1 million per season with the Cardinals, which makes him the seventh-highest-paid quarterback in the NFL.

Did Kyler Murray unfollow the Cardinals?

In a bizarre move, Cardinals quarterback Kyler Murray has wiped his social media accounts of any trace of his team—and almost everything else. There are only two posts on Murray’s Instagram account now, and he has unfollowed the Cardinals.

Is Kyler Murray a good fantasy pick?

Kyler finished as the QB3 in 2021, QB5 in 2020, and QB12 in fantasy points per game as a rookie. If his rushing ability returns to form in 2024, getting excited about Kyler as a fantasy QB is straightforward.

Is Kyler Murray the shortest QB in the NFL?

Kyler Murray is the shortest quarterback in the NFL at 5-foot-10. But that title hasn’t stopped the Arizona Cardinals starter from becoming a two-time Pro Bowler and one of the game’s brightest young stars.

Is Kyler Murray a good QB?

Murray said on an ESPN podcast this week that he feels this is the best he’s played through six games, and the statistics largely back that claim. He ranks No. 8 in quarterback rating, just behind Lamar Jackson and C.J. Stroud and ahead of others such as two-time MVP Patrick Mahomes.

What did Kyler Murray break?

Cardinals’ Kyler Murray Out for Season After Knee Injury Confirmed as Torn ACL Arizona Cardinals quarterback Kyler Murray will miss the rest of the season after an MRI confirmed he tore his ACL during Monday’s 27-13 loss to the New England Patriots, head coach Kliff Kingsbury confirmed Tuesday.

Conclusion

Kyler Murray’s financial success reflects his NFL achievements and savvy contract negotiations. To stay updated on Murray’s net worth, salary, and career moves, follow NFL Player Fortune. Visit nflplayerfortune.com and leave your thoughts in the comments!