Bengals News: Future Joe Burrow extension, stadium naming rights
Bengals news surrounds what a future extension for Joe Burrow could look like and the organization nearing a naming rights deal for Paul Brown Stadium.
Thursday afternoon’s big news around the NFL was the Arizona Cardinals agreeing on an extension for Kyler Murray, tying him to the organization until 2028. The deal is worth $230.5 million and he’ll earn $106.15 million over the first three years.
It’s a hefty price to pay, especially for a quarterback with a losing record and who has yet to lead his team to a playoff win but hey — This is how the quarterback market works these days.
Kyler Murray's five-year, $230.5 million extension with the #Cardinals will pay him $30 million in the first year, $69M over two years and $106.15M over three years, per source. Strong cash flow on a deal negotiated by @ErikBurkhardt of @RocNationSports
— Tom Pelissero (@TomPelissero) July 21, 2022
With this deal getting done, we’re inching closer to Joe Burrow’s extension becoming a hot topic of conversation. Murray’s deal allows us to get maybe more of a feel for how that could look. Jake Liscow had what seemed like the right idea when discussing Burrow’s future extension on Twitter.
I'd guess it'll look a lot like Mahomes' or Allen's deal with rolling guarantees, probably a little bit more money due to inflation if they make another playoff run.
— Jake Liscow (@JakeLiscow) July 21, 2022
One difference is Burrow's extension will start "older" because he entered the league older than those guys. https://t.co/qzpeZloHvP
As Liscow mentions, Burrow was drafted when he was 23 years old as opposed to Josh Allen being 22 when he was a rookie and Patrick Mahomes being 21. That will impact his eventual extension.
Another storyline that goes hand-in-hand with this is the Bengals in the process of renaming their stadium. The money they receive from that can help them pay Burrow the big-time money the former No. 1 overall pick deserves.
Exactly. Keep that in mind as one of reasons to make move on naming rights now. To guarantee the massive amount necessary to Burrow, #Bengals would need cash on hand to put in escrow.
— Paul Dehner Jr. (@pauldehnerjr) July 21, 2022
Naming rights help supplement the cash on hand. Many more layers than that, but part of it. https://t.co/2V6ZJ96hPR
Here’s what’s trending in Bengals news.
- Bengals close to deal for naming rights of Paul Brown Stadium [Jeff Kerr, CBS Sports]
- Cincinnati Bengals close to naming rights sponsor for Paul Brown Stadium [Meg Erpenbeck, Cincinnati Business Courier]
- Kyler Murray, Cardinals reportedly agree to $230.5 million extension after offseason drama [Chris Cwik, Yahoo! Sports]
- Joe Burrow compared to yet another Hall of Fame quarterback [Stripe Hype]
- Jessie Bates named most important player on the team after Joe Burrow [Kristen Wong, Stripe Hype]
This will be the first name change for the Bengals’ stadium, which is named after the founder. The Chiefs recently added a sponsor to their stadium title but still kept the famous Arrowhead Stadium in the naming rights (now it’s GEHA Field at Arrowhead Stadium). Perhaps the Bengals will do something similar so that Paul Brown Stadium can still be in the official title.
It’ll take some getting used to but ultimately it’ll save the organization money and they’re going to need all the help they can get when it comes to signing some of their biggest stars in the coming years.
Must Read. All-Time Leaders in Passing Yards. light