With the Trevor Lawrence deal in place, the likes of Dak Prescott, Tua Tagovailoa and Jordan Love have another benchmark to use in their own negotiations. The latter could be in line to benefit from Jacksonville’s investment despite his limited resume. 
The Jaguars inked Lawrence to a five-year, $275MM extension; that term and overall value matches Joe Burrow‘s market-topping deal signed last offseason. Lawrence has had an up-and-down tenure through three years in the league, and the fact he was nevertheless able to land a massive commitment bodes well for ascending signal-callers like Love. After one year as the Packers’ starter, he is in line for a long-term deal of his own.
Both team and player in Love’s case are hoping to work out an agreement before training camp opens next month. One year remains on the band-aid deal the 2020 first-rounder signed last offseason to replace his fifth-year option. He is due $11MM in 2024, but a new accord will be far more lucrative. During an appearance on ESPN Milwaukee Radio, Adam Schefter said he does not anticipate Love will take a deal worth less than Lawrence’s.
Six quarterbacks currently average more than $50MM on their contracts, and indications from last month pointed to Love joining that group despite his inexperience and underwhelming production to start the 2023 season. Improvement in the second half of the campaign helped the 25-year-old lead Green Bay to the divisional round of the postseason and demonstrate an ability to succeed with the team’s young (and cost-controlled) group of pass-catchers. One of the NFL’s most lucrative contracts could soon be coming his way as a result.
Lawrence’s Jags extension includes $200MM in total guarantees and $142MM locked in at signing. The commitments (in terms of up front compensation) go deep into the pact, and it could represent a blueprint for similar agreements this summer. Green Bay has made it clear Love is positioned to serve as the team’s next franchise passer like Brett Favre and Aaron Rodgers before him, but the surging QB market could complicate negotiations if the Packers are not willing to surpass the $55MM AAV mark.
Of course, extensions for the likes of Prescott and Tagovailoa could provide further clarity on where the market is headed. In any event, Love’s bargaining power has been strengthened by the Lawrence deal, and it will be interesting to see if he tries to reach the top of the quarterback pecking order as talks with the Packers continue.