
After spending three weeks on the open market, quarterback Kirk Cousins joined the fourth franchise of his 14-year NFL career Thursday.
Cousins is heading to Las Vegas, where he could open 2026 as a bridge starter in front of soon-to-be No. 1 pick Fernando Mendoza for the Raiders.
The Raiders brought Cousins in on a contract that could max out at five years and $172M, per ESPN’s Adam Schefter, but there is no chance of that happening. This will likely end up a a one-year, $20M investment in the four-time Pro Bowler.
The Falcons, who cut Cousins last month, will handle $8.7M of the tab. The Raiders gave Cousins a $1.3M salary and a fully guaranteed $10M roster bonus that they will pay out on the third day of the league year in 2027.
Comp update: Kirk Cousins will sign a five-year, $172 million deal with the Raiders that in reality is a one-year, fully-guaranteed $20 million deal that also contains a club option for two years at $80M.
— Adam Schefter (@AdamSchefter) April 2, 2026
The Falcons will pay Cousins $8.7 million this season, the Raiders another… pic.twitter.com/MHYqOOfBs7
Two days after the Raiders pay Cousins’ bonus next March, a two-year, fully guaranteed option worth $80M will kick in if he is still on their roster, Pelissero reports.
That makes this a three-year, $81.3M pact on paper, Pelissero notes, but it is highly improbable his option will vest. The Raiders added two void years to the end of the deal, meaning Cousins will be on their books through 2030.
New Raiders QB Kirk Cousins will now make $20 million fully guaranteed for playing the 2026 season, per sources.
— Tom Pelissero (@TomPelissero) April 2, 2026
That’s double the $10M guarantee Cousins had left on his Falcons contract, and puts him in line to potentially be the Week 1 starter in Las Vegas.
Here’s how it… pic.twitter.com/QhpF8pE0o5
One more detail noted here: Kirk Cousins’ two-year, $80 million option becomes fully guaranteed if he’s on the roster the fifth day of the 2027 league year, two days after a $10M fully guaranteed bonus is due. So Las Vegas has an exclusive window to keep, cut or trade him. https://t.co/eZWRJTWQW1
— Tom Pelissero (@TomPelissero) April 2, 2026
While the 37-year-old Cousins’ stock is down after back-to-back down seasons in Atlanta, he and agent Mike McCartney did well for themselves yet again. The two have been masterful in negotiations, evidenced by the fact that Cousins will go past Tom Brady for second on the NFL career earnings list when he collects his $10M bonus next year (via Spotrac). Cousins will climb over the $341M mark then, while Brady wrapped up his legendary 23-year career at $333M.
Brady, now a part-owner of the Raiders, is behind only Rams quarterback Matthew Stafford for now. Having already taken home over $408M, the 38-year-old Stafford could secure a raise before next season. Doing so would make it even more difficult for someone to catch him in the near future.
Cousins entered the league as a Washington fourth-round pick in 2012, the same year the franchise chose Robert Griffin III second overall. Griffin’s once-promising career flamed out as a result of injuries, leading to Cousins taking over as Washington’s full-time starter in 2015. Cousins went on to play 2016 and ’17 under the franchise tag, earning approximately $44M in those two seasons. He then left for a Vikings offer worth $84M over three years. That was the first fully guaranteed contract in league history, but it was not the last enormous payday for Cousins. He later pulled in two more Vikings extensions that combined for three years and $101M.
Cousins’ Vikings tenure came to an end when he left for the Falcons’ four-year, $180M offer in 2024. Despite awarding Cousins $100M in guaranteed money, the Falcons cut him halfway through the pact. Cousins will now attempt to put together a renaissance season in Las Vegas, where he will play a staggering 11th straight season on a fully guaranteed contract.
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