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Report: Trevor Lawrence agrees to 5-year, $275M deal to extend stay in Jacksonville

Ian Rapoport reports that franchise QB Trevor Lawrence signs a deal worth $55 million a year.

JACKSONVILLE, Fla. — Three seasons into his NFL career, former No. 1 overall pick Trevor Lawrence has agreed to a lucrative extension, according to reports. 

The NFL Network's Ian Rapoport has reported he's been told the Jaguars are giving Lawrence a 5-year extension worth $275 million, or $55 million a year. The contract will have $200 million guaranteed. Rapoport said Lawrence's signing bonus is $37.5 million.

According to reporter Tom Pelissero, Lawrence matches Joe Burrow as the league's highest paid player. 

Lawrence entered the league with the scandal-ridden Urban Meyer as his head coach in 2021, posting 3,641 yards with 12 touchdowns and a league-leading 17 interceptions.

But Lawrence has rebounded with two stellar seasons, despite frequent injuries during the home stretch in 2023, under Super Bowl winning coach Doug Pederson, with the franchise quarterback besting 4,000 yards each season and improving his completion percentage. 

Lawrence has 11,770 yards and 58 touchdowns early in his career. He was selected to the Pro Bowl in 2022.

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