Following his first Super Bowl appearance, the Philadelphia Eagles are locking up franchise quarterback Jalen Hurts for the foreseeable future. The Eagles will sign Hurts to a five-year, $255 million contract extension with $179.304 million guaranteed, ESPN reported on Monday.

Hurts’ contract makes him the highest-paid player in NFL history. The contract also includes a no-trade clause, the first in Eagles history, NFL Media reported. Hurts’ contract could pay him $51 million per year and is second in guaranteed money only to Deshaun Watson‘s five-year, $230 million fully guaranteed deal with the Cleveland Browns.

The 33rd Team analyst and former NFL general manager Mike Tannenbaum believes this deal greatly benefits Hurts and other young quarterbacks set for extensions.

“This is obviously well deserved. However, until we see the details of the structure, you can never know for sure, but on the surface, this is a really strong deal for Hurts,” Tannenbaum said. “It also sets the floor for Joe Burrow, Justin Herbert and Lamar Jackson, who are all extension-eligible as well.”

The contract includes $15 million in incentives, allowing Hurts to potentially earn up to $54 million per year in new money and $274.304 million total through 2028. Hurts is still owed the remaining $4.304 million from the last year of his rookie contract and will get a $23.294 million signing bonus this season.

Joe Banner, an analyst for The 33rd Team, thinks Hurts could’ve benefited from waiting for Burrow to get his new contract.

“I believe Burrow is going to reset the market as opposed to moving up a smidge from the previous top-paid players,” Banner said. “But it’s still a good [yearly] average. It temporarily makes [Hurts] the highest-paid quarterback and therefore NFL player.”

The Eagles selected Hurts No. 53 overall in the 2020 NFL Draft to sit and develop behind Carson Wentz. However, Wentz struggled mightily in 2020, allowing Hurts to start four games and eventually earn the team’s starting job in 2021. In Hurts first full season as a starter, he led the Eagles to the playoffs with an 8-7 record.

Hurts broke out big time this past season, leading the Eagles to a 14-1 record in his 15 starts and getting them to Super Bowl LVII. Although the Eagles lost that game to the Kansas City Chiefs, Hurts completed 71 percent of his passes for 304 yards and four total touchdowns.

In 2022, he earned his first-career Pro Bowl selection and completed 66.5 percent of his passes for 22 touchdowns and six interceptions. He added another 760 yards and 13 touchdowns rushing.

“This is a very strong statement by the Eagles that they believe in Hurts,” Banner said. “They are not having any doubts. If somebody in the media is having doubts or any fans are left having doubts, that’s fine. But the Eagles don’t share that.”

The Eagles have made an effort to retain a good portion of their Super Bowl team this offseason. Center Jason Kelce, cornerbacks James Bradberry and Darius Slay and offensive tackle Lane Johnson all received new contracts this offseason.