The Pittsburgh Steelers have made the decision not to pick up quarterback Justin Fields’ fifth-year option, as reported by ESPN’s Adam Schefter. This news may come as a surprise to some, as the Steelers currently do not have any other quarterbacks under contract beyond the 2024 season. However, there are several reasons why this move makes sense for the team.
Firstly, Fields’ fifth-year option is expected to be worth around $25.66 million, as per Over The Cap. This is a significant financial commitment for a player who has yet to prove himself as a franchise quarterback. While Fields has shown flashes of his potential, throwing for 4,804 yards and 33 touchdowns while also rushing for 1,800 yards and 12 touchdowns over the past two seasons, his 10-28 record as a starter indicates that he needs to develop more consistency.
Secondly, the Steelers may be exploring the possibility of a more cost-effective extension with Fields. Similar to the agreement between the Green Bay Packers and quarterback Jordan Love last offseason, the Steelers could sign Fields to an incentive-laden one-year contract extension worth up to $22.5 million. This would allow the team to retain Fields while also limiting their financial risk.
Finally, the Steelers may want to give Fields a prove-it year before making a long-term commitment. With Super Bowl-winning quarterback Russell Wilson now leading the offense, Fields is unlikely to see much playing time in 2023. However, this season will provide him with an opportunity to learn and develop under Wilson’s guidance. If Fields can show significant improvement and prove that he can be a reliable backup, the Steelers may be more inclined to offer him a long-term contract in the future.
Ultimately, the Steelers’ decision not to exercise Fields’ fifth-year option is a strategic move that gives them flexibility and options for the future. While the team remains committed to Wilson as their starting quarterback, Fields will have the chance to prove himself and earn a more prominent role in the years to come.