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How does Joe Burrow's new contract impact the Bengals?

CINCINNATI -- Joe Burrow has his big payday.

And, the Cincinnati Bengals have their quarterback and face of the franchise.

The Bengals have agreed to terms with Burrow on an 5-year, $275 million extension that includes $219.01 million guaranteed, sources tell ESPN. The deal makes him the highest paid player in NFL history, a well-earned deal for a player who has transformed Cincinnati's franchise.

After Burrow suffered a torn ACL and MCL in his left knee his rookie season, Cincinnati has thrived in his first two full seasons in the NFL.