Jared Goff is a significant financial focus for the Lions, but the team has not yet finalized a new contract with their star quarterback. On Thursday, general manager Brad Holmes spoke about the current status of negotiations and indicated that he is optimistic about reaching an agreement in the future.
Lions General Manager Brad Holmes discussed the potential contract extension for quarterback Jared Goff. He acknowledged ongoing conversations about Goff’s future with the team but didn’t commit to a specific timeline or outcome. Holmes emphasized that Goff has been a key player and that the team values his performance, suggesting a positive outlook for his continued role with the Lions. Although there are no definitive details on an extension, Holmes’s remarks hint at a collaborative approach in addressing the quarterback’s contract.
Jared Goff revealed last month that discussions about a contract extension are ongoing. The Detroit Lions secured significant contracts with key offensive players by signing wide receiver Amon-Ra St. Brown and right tackle Penei Sewell to extensions. However, a new deal for Goff has not been finalized, with recent reports suggesting that the team and the quarterback are not close to an agreement. General Manager Brad Holmes acknowledged that it would have been preferable to have a Goff deal settled by now, but he noted that the financial implications of such a contract have been accounted for in the team’s budget.
Last offseason, four quarterbacks signed contracts worth $50 million per year or more—Joe Burrow, Justin Herbert, Lamar Jackson, and Jalen Hurts. In the near future, other quarterbacks like Dak Prescott, Trevor Lawrence, and Tua Tagovailoa could also enter that high-salary range. However, for 29-year-old Jared Goff, his age adds a layer of complexity; unlike those other quarterbacks, he isn’t signing an extension following a rookie contract. This makes negotiations for Goff’s next deal a different scenario, requiring a different approach given the age and career stage at which he’s seeking a new contract.
Jared Goff is set to earn $27.3 million in 2024, with a salary cap hit of $32.3 million. A new contract would likely increase his salary, but depending on its structure, it could reduce the cap hit. Despite these financial details, the former Rams No. 1 overall pick is expected to remain the Lions’ starting quarterback for the foreseeable future, even with Hendon Hooker waiting in the wings as a potential successor.
With the 2024 NFL Draft concluded and the contract extensions for key players Amon-Ra St. Brown and Penei Sewell completed, the Detroit Lions can now focus their offseason efforts on reaching a new agreement with Goff. The quarterback’s contract situation will be a priority for the team as they look to solidify their future with him at the helm.