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Report: Carson Wentz’s contract extension with Eagles expected to be worth around $30 million per year

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It’s looking more and more likely that a new contract is in place ahead of the season.

Philadelphia Eagles v Kansas City Chiefs Photo by Jamie Squire/Getty Images

It was reported yesterday that the Eagles and quarterback Carson Wentz have already begun talking about his contract extension, despite having picked up his fifth-year option for the 2020 season.

There are a whole bunch of reasons that re-signing Wentz sooner rather than later makes sense for the Eagles — most notably the continuous rise of quarterback salaries — so it wouldn’t be too surprising for him to get locked up even ahead of the 2019 season.

But what does that look like?

According to Cody Benjamin of CBS Sports (and also BGN):

A league source with a history of negotiations with the Eagles echoed the sentiment to CBSSports.com this week, predicting an extension will probably be finalized “this summer.”

The source also estimated terms of a potential contract, projecting an average annual salary of around $30 million.

”Wentz will be north of Kirk Cousins but south of Russell Wilson on an average-per-year basis,” the source said.

Aside from the dollar amount, you’d imagine that Wentz and his reps are gunning for a host of guarantees given his injury history. But Howie Roseman — the contract whisperer — will likely incorporate “playtime incentives to offset injury insurance for Wentz,” according to CBS Sports.

“He’ll build club protections in for sure and include work stoppage protections for the team,” the source predicted, adding that a likely incentive would have Wentz’s salary “go up for each game played.”

The Eagles have been steadfast this offseason that Wentz is still their franchise guy moving forward, and his $8.4 million price tag in 2019 is a heck of a deal.

We’ll continue to monitor the situation, but you’d imagine that there might be some additional wiggle room depending on when the quarterback gets back onto the practice field during offseason activities, but reports are looking toward the team locking things up ahead of the season.