Several players taken in the first round of the 2023 NFL draft have gotten their second contracts. The first two players picked that year still have not.
Halfway through their fourth seasons, Panthers quarterback Bryce Young and Texans quarterback C.J. Stroud continue to play under their rookie deals.
As to Stroud, a subpar third season complicated negotiations. A decision was made to proceed with his fourth season, without a second deal.
A Tuesday article from ESPN took a close look at the respective preseason positions of player and team. The key facts: (1) the Texans offered a contract with a new-money value in excess of $50 million; and (2) Stroud did not ask to be the highest-paid quarterback in the league. (Patrick Mahomes currently leads the way at $63.093 million.)
Although the Texans have slumped to 2-5 in 2026, Stroud’s play has improved significantly. A new deal — closer to the top of the market — becomes likely after the current season. It remains theoretically possible that the two sides could work something out sooner than that.
For the player, there’s always an urgency to shift the injury risk to the team. Especially when the player will be assuming 60 minutes of injury risk, 17 times over.
As to Young, we’ve recently caught wind of chatter that the Panthers are “far down the road” toward signing him to a second deal in excess of $50 million per year.
Both are under contract through 2027, with their fifth-year options already exercised. For both, the guaranteed salary in 2027 will be $25.904 million. The franchise tag becomes an option for 2028, absent new deals.
Most teams prefer to make a final decision before then. Up or out. New contract, or find a new quarterback.
Again, both Young and Stroud are eligible for new contracts at any time. Both teams seem to want to keep them around. The only questions at this are when the deals will be one, what the new-money value will be, and (most importantly) how the payments will be structured — especially as to guarantees.