Earlier in the week, Brian Costello of the New York Post reported that the Jets are entertaining the idea of paying Cousins $60 million guaranteed in the first year of a front-loaded contract. The idea behind that would be to have more cap space beyond 2018 to build around Cousins.
There was also a report from Mike Florio of Pro Football Talk that the Jets could be willing to guarantee Cousins’ entire contract, and that also sounds incredibly farfetched.
Will the Jets be willing to offer Cousins as much as any other team? Absolutely, but the market for franchise quarterbacks has very much been set. Jimmy Garoppolo recently signed a five-year, $137.5 million extension with the San Francisco 49ers. Matthew Stafford got a five-year, $135 million contract from the Detroit Lions last offseason.
Both players are set to make around $87 million in the first three years of the deal. It’s no coincidence that their contracts are so similar, and any deal Cousins signs will almost certainly be in line with those.