Jaguars pass rusher Josh Allen signs $150M deal

By Thomson Reuters Apr 10, 2024 | 3:22 PM

Jacksonville Jaguars Pro Bowl pass rusher Josh Allen agreed to a five-year, $150 million contract after what he said Wednesday was an emotional rollercoaster of negotiations.

“We’re there. We’re happy. We’re very happy with what we have in front of us,” Allen said of reaching the finish line in contract talks, tearing up discussing the deal and what it means to him and his wife. “Now how do you live up to it? Get back in the lab.”

The Jaguars put the franchise tag on the 26-year-old Allen in March, blocking him from free agency as head coach Doug Pederson said the two sides were fully committed to working together on a long-term agreement. Allen has played only with the Jaguars since he was selected seventh overall out of Kentucky in 2019.

“It’s huge,” Allen said. “We talk big about legacies and roots. Everywhere I went I left an impact. Starting off really slow in high school. Progressing to being a two-star recruit with a lot of doubters on my back. … Building my way up to becoming the seventh pick in the draft, winning every national defensive player of the year award and then coming to Jacksonville. What can I do to leave an impact? Last year, everyone was saying ‘Oh he did this in a contract year.’ Last year was me figuring out life.”

Allen set a franchise record with 17.5 sacks in 2023 and his 45 career sacks are just 10 away from the team record (55, Tony Brackens). He was selected to the Pro Bowl twice in his first five seasons.

Under the terms of the franchise tag, Allen was guaranteed $24 million in 2024. Instead, he’ll reportedly receive $88 million guaranteed.

The next order of business for the Jaguars could be the contract of quarterback Trevor Lawrence. The No. 1 pick in 2021 is in the final season of his four-year, $36.8 million deal with a fifth-year option, a virtual guarantee to be picked up by the Jaguars, for 2025.

Cincinnati Bengals quarterback Joe Burrow, the No. 1 pick in 2020, signed a five-year, $275 million extension before Week 1 of the 2023 season not long after the Los Angeles Chargers signed quarterback Justin Herbert, selected No. 6 overall in 2020, to a five-year deal worth a reported $262.5 million.

–Field Level Media