Despite indications that Kyler Murray would move on from the Arizona Cardinals this offseason, it appears the former No. 1 overall pick is staying for the long haul.
NFL Network reported Thursday the mercurial quarterback has agreed to terms on a contract extension that would make him "one of the NFL's highest-paid players."
The final terms of the deal are a reported $230 million over five years — the same deal the Cleveland Browns and Deshaun Watson agreed upon earlier this year.
Now, three of the highest AAV contracts in NFL history have been signed this offseason, with Aaron Rodgers also signing an extension with the Green Bay Packers for three years, $150 million.
Five other players will make $40 million or more this season, including Patrick Mahomes, Josh Allen, Derek Carr, Dak Prescott and Matthew Stafford.
Murray had reportedly stated earlier this year that he would not suit up next season without a raise and a new contract.
Cardinals executives had indicated there was "no chance" Murray would be traded, and both sides played hardball all spring and summer.
The former Heisman Trophy winner would have made just under $5.5 million for the 2022 season had the two sides not agreed upon an extension.
With the impending move, the Cardinals figure to be in the playoff mix for seasons to come, but for 2022, there's no indication from the markets that anything has changed.
No major American sportsbook has moved their odds on the Cardinals to win the Super Bowl, which sit at a consensus of about 35-1.
This indicates the market took no credence to Murray's threats to sit — or the markets were confident the two sides would work out an amicable agreement.
DraftKings prices the Cardinals as the 15th-best favorite at +3500. FanDuel has the Cardinals tied as the 14th-best favorites to win it all at +3000.
Meanwhile, Murray's NFL MVP odds haven't moved at all, either. The Cardinals QB is tied as the 10th-best favorite to win the award at +2000, behind perennial contenders like Aaron Rodgers, Tom Brady, Patrick Mahomes and Josh Allen.
Murray had been the favorite to win the MVP last October before he and the team fell off down the stretch.
After Arizona started the year off 8-1, the team lost seven of its last 11 games, including a dismantling at the hands of the Los Angeles Rams in the NFC Wild Card Round.
