Chargers, QB Justin Herbert agree to 5-year extension worth $262.5 million, AP source says
By JOE REEDY
AP Sports Writer
Justin Herbert is set to become the NFL’s highest-paid quarterback by annual salary, agreeing to a five-year, $262.5 million extension with the Los Angeles Chargers on Tuesday. Herbert’s total value and $52.5 million average per season surpasses the $260 million, five-year extension Baltimore’s Lamar Jackson signed three months ago. Herbert is getting $218.7 million guaranteed, according to a person close to the negotiations who spoke to The Associated Press on condition of anonymity because the Chargers didn’t release the financial details. The Chargers are set to have their first training camp practice on Wednesday.