Philadelphia Eagles quarterback Carson Wentz is expected to sign a new blockbuster contract extension this summer.
A league source told CBS Sports' Cody Benjamin the Eagles could dangle an extension worth $30 million annually to Wentz this summer.
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 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.
Report: Carson Wentz’s contract extension with Eagles expected to be worth around $30 million per year https://t.co/VnLan7pjpL
— Bleeding Green Nation (@BleedingGreen) May 16, 2019
The league source also told Benjamin that Wentz will “build club protections in for sure and include work stoppage protections for a team.”
Not only that, but a likely incentive would have Wentz earn a higher salary for each game he played, per CBS Sports.
Wilson is now the highest-paid NFL player with an annual salary of $35 million. Once Wentz's new deal kicks in, he will become the third-highest paid quarterback in the league behind Wilson and the Green Bay Packers' Aaron Rodgers ($33.5 million).
Wentz's $30 million annual pay will tie him with the Atlanta Falcons' Matt Ryan for third place among NFL quarterback salaries.
"Carson Wentz is the guy that can run my franchise. He has everything that you would want. He's such a superior passer to anyone else that's in the NFC East. We will see the best football of his career." — @criscarter80 pic.twitter.com/sT2vVTb4H7
— First Things First (@FTFonFS1) May 14, 2019
The Eagles exercised Wentz's fifth-year option on April 29. According to NBC Sports Philadelphia's Dave Zangaro, Wentz will earn $22,783,000 in the 2020 NFL season on the said fifth-year option.
Wentz has certainly come a long way since Philly made him the second overall pick of the 2016 NFL Draft. He's the face of the franchise, for sure.
It's only a matter of time before he gets mentioned in the same breath as Donovan McNabb, Ron Jaworski, and Randall Cunningham.