Rams sign Jared Goff to contract extension

The Los Angeles Rams are signing Jared Goff to a four-year contract extension, according to multiple reports from both ESPN and NFL Network. The team has since officially confirmed the news.

The exact details haven’t been revealed yet but the early word is that Goff’s deal will “pay him more than $32 million per year.” The contract is also “trending toward the largest guarantee in NFL history.” UPDATE: Adam Schefter says the extension is worth $134 million with a record $110 million guaranteed.

The Goff extension is a reminder of why the Philadelphia Eagles were eager to sign Carson Wentz to a long-term contract earlier this offseason. Under Howie Roseman, the Eagles have made a habit of signing players to early extensions in order to get out in front of the market as opposed to waiting around and seeing the price increase.

Goff’s contract figures to be more lucrative than Wentz’s deal, which should be viewed as a win for the Eagles. While Goff has been good, Wentz is the superior talent when healthy. UPDATE: Goff received $6 million total and $2.1 million guaranteed more than Wentz.

The Goff deal is also good news for the Eagles because it’s bad news for the Cowboys. Dallas has clearly been reluctant to pay Dak Prescott a record-setting deal, instead publicly stating that their starting quarterback needs to take a “team friendly” contract. But Prescott’s camp should not settle for less than what Wentz and Goff got paid. The market has now been set.

And so the Eagles should be happy. The Cowboys and Rams are going to pay even more money to quarterbacks who aren’t as good as theirs.