x
Breaking News
More () »

Jaguars, OLB Josh Allen agree to franchise-record 5-year, $150 million contract extension

Josh Allen set a franchise record in single-season sacks with 17.5 last year. The Jaguars applied the franchise tag on Allen last month just before the deadline.

JACKSONVILLE, Fla. — Josh Allen is not going anywhere.

According to multiple reports, the Jacksonville Jaguars and Allen have come to a five-year, $150 million contract agreement worth $88 million guaranteed.

ESPN's Adam Schefter was the first to report the details of Allen's contract extension. Allen's $88 million in guaranteed money puts him just ahead of New York Giants pass rusher Brian Burns, who is set to make $87.5 million in guaranteed money.

Allen signed the biggest contract in the franchise's history, becoming their first-ever $100 million player.

The Jaguars initially applied the franchise tag on Allen before the league's deadline in March. Allen was set to make $24,007,000 fully guaranteed this year if he played under the tag.

Instead, Allen will remain with the Jaguars through the 2028 season, locking him in town for nearly 10 years since he was drafted with the seventh-overall pick in the 2019 NFL Draft.

Since joining the team, Allen has accounted for 45 sacks, just 10 shy of the team's career franchise record held by former Jaguars pass rusher Tony Brackens. Allen accounted for 17.5 sacks last season, surpassing the franchise's single-season record by three, previously held by Calais Campbell.

Allen has now been rewarded after a sensational 2023 campaign and the Jaguars will hope a new extension will only allow him to do just that in Jacksonville for years to come.

The 6-foot-5, 255-pound Allen will turn 27 in July.

RELATED: Building the Bench: Amarius Mims, Georgia Offensive Tackle

RELATED: Building the Bench: Rome Odunze

Before You Leave, Check This Out