Rams head coach Sean McVay announced on Tuesday that an agreement has been reached with Matthew Stafford on a new contract. The Super Bowl-winning quarterback will be in attendance at training camp.
McVay did not go into specifics with respect to financial terms, but he noted (via NFL Network’s Mike Garafolo) today’s agreement is not an extension. As a result, Stafford remains under contract through the 2026 campaign. Only one more year remained on the pact with guaranteed salary, so this restructure presumably includes new locked in compensation.
It became known during the draft that Stafford was seeking guarantees beyond 2024. The 36-year-old delivered a healthy and productive season last year, putting to rest thoughts of a trade sending him out of Los Angeles or (for at least the time being) speculation about retirement. McVay confirmed Stafford would remain in place for the coming campaign atop the QB depth chart after the team’s postseason exit. That will be the case for 2024 and potentially beyond, depending on the structure of the new arrangement.
Stafford’s camp had been in communication with the Rams about a resolution, so today’s update comes as little surprise. The latest report on the matter indicated the longtime Lions signal-caller would not engage in a training camp holdout even if a deal had not been agreed to. That has now become a moot point, and team and player will turn their attention to the 2024 season.
The Rams’ youth movement at a number of positions led to lessened expectations last year, but Stafford helped guide the team to the wild-card round. Taking one or more steps further than that in 2024 would prove his $31MM salary to be worthwhile, and staying healthy would make today’s investment in his finances for 2025 and/or ’26 a reasonable decision as well. The details of today’s move will be worth watching for as the Rams prepare for life after Aaron Donald on the field and from a financial perspective.