2:48 PM ET

Mike Brown is the president of the Cincinnati team and he knows that a big contract negotiation is imminent.

During the team's annual media luncheon on Monday, Brown said he doesn't know how that will all play out when Burrow gets an extension. Brown is confident in how he feels about the quarterback.

Brown said that they couldn't be happier with Joe. He's perfect for a quarterback in Cincinnati. Our goal is to keep him here.

The top pick in the 2020 draft, Burrow, overcame a major left knee injury to play in the Super Bowl for the first time.

70% of his passes were completed.

According to the roster management system, the third year of the rookies contract averages $9.9 million. There are seven quarterbacks who make more than 40 million dollars a year. The players averaged 141 million dollars in guaranteed money.

"It's crazy the number that these guys are putting up and I think it's well deserved," he said. The guys are playing at a high level. They are being paid according to the situation. I haven't thought about it yet.

Because of his status as a former first-round draft pick, the team will be able to extend his contract by one year. The 2020 draft class will be eligible for extensions after this year.

Brown said it was a puzzle. It doesn't all fit right. Some pluses are on the way. Some guys are critical to the team. Some guys are going to leave.

Some people are at risk of leaving. For the second year in a row, the team and Bates couldn't agree on a long term extension. The availability of Bates for training camp is uncertain because he has yet to sign his tender, according to Taylor.

The other key contracts will be up for debate before the year 2023. Wide receiver Ja'Marr Chase, the reigning NFL offensive rookies of the year, can begin his contract talks in 2024 if he's extension eligible.

Brown and Cincinnati's front office are aware that they will need to account for some of the current team deals.

There is no debate about the team's main goal.

The most important issue right now is with our quarterback. It's not ripe yet, but it's on the way.