Arizona Cardinals fans rejoiced when the NFL franchise extended Kyler Murray’s contract by five years in a deal that will make the quarterback the highest paid player in the history of them. The deal will also see Murray becoming one of the highest-paid quarterbacks in the NFL, something that will go on a long way in winning the hearts of the fans.

According to a report by ESPN, the new contract is worth $230.5 million, including $160 million in guaranteed fees. This makes Murray the second highest-paid quarterback in the NFL, with a salary of $46.1 million per annum.

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Currently, Aaron Rodgers of Green Bay holds the top spot with the highest annual salary ($50.3 million) in the National Football League (NFL). However, the $160 million that has been agreed as Murray’s guaranteed annual salary, is only second to Cleveland Browns’ Deshaun Watson’s $230 million compensation.

This is the first time the Cardinals have agreed on such a large contract with a player. Their previous highest salary holder was Larry Fitzgerald in 2011, who was paid $113 million over seven years.

It is also the first time the Cardinals are paying such a sum to a quarterback. The previous time when the franchise gave out a similar lucrative contract was to Kevin Kolb, when he was bought from the Eagles in 2011 and handed a $62.1 million deal over the course of five years.

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Kansas City Chiefs quarterback Patrick Mahomes holds the record of the biggest contract for a quarterback in the NFL, who is set to be paid $450 million over the course of 10 years, beginning from 2020.

Murray, who is approaching his 25th birthday, was seen in the Cardinals’ mandatory mini-camp in June while awaiting his new contract.

The quarterback is the first player in the history of the NFL to register 70 or more passing touchdowns and 20 or more rushing touchdowns in his initial three seasons.