The Jacksonville Jaguars managed to hammer out a long-term deal with their Pro Bowl linebacker Josh Allen. The Jags announced on Wednesday that Allen inked a new five-year contract with the franchise.
Allen played out his rookie contract in 2023, which forced the Jaguars to use a $24 million franchise tag in March in order to avoid losing him in free agency. The two sides continued negotiations in the following weeks and have now come to an agreement that keeps Allen in Jacksonville for the foreseeable future.
The Jags didn’t disclose the financial terms of the deal, but ESPN’s Adam Schefter reports it is a five-year, $150 million pact that comes with $88 million in guaranteed money. It makes Allen just the third defensive player in the NFL with an annual salary of $30 million or more.
Since entering the league in 2019 as a seventh overall pick out of Kentucky, Josh Allen established himself as one of the best, if not the best, defensive players for the Jags. This was particularly obvious last season when Allen broke the Jaguars’ franchise record with 17.5 sacks and earned his second Pro Bowl appearance.
“I’m extremely blessed and honored to get this paycheck, or to get these checks, but I still set goals for myself. Defensive Player of the Year is my next goal. Winning a Super Bowl, being an MVP,” Allen said after his new deal was officially confirmed.
