The Jacksonville Jaguars announced on Friday that they have signed their quarterback, Trevor Lawrence, to a five-year contract extension.
While the Jags didn’t disclose the financial terms of the deal, ESPN’s Adam Schefter reports that Lawrence became one of the highest-paid QBs in the league. The agreement is worth $275 million and comes with $200 million in guaranteed money.
“With this five-year extension, the vision we had when we selected Trevor first overall in 2021 has become a reality,” Jaguars general manager Trent Baalke said in a statement. “Our objectives have always been aligned. As an organization, we have consistently messaged the importance of extending our core players, and Trevor is a foundational talent that we will continue to build around in our quest for a championship.”
The Jaguars drafted Trevor Lawrence as the first overall pick in the 2021 NFL Draft. After a disappointing rookie season that was marred with coaching issues, Lawrence improved in 2022 and delivered a Pro Bowl campaign. He led Jacksonville to a 9-8 record and Divisional Round in the playoffs, where they would go on to lose against eventual Super Bowl champs Kansas City Chiefs.
Lawrence was expected to make another leap in 2023, but ankle and shoulder injuries in the second part of the season prevented him from doing that. He completed 65.6% of his passes while throwing for 4,016 yards, 21 touchdowns and 14 interceptions.
While Lawrence is yet to show consistency in performing at a high level, the Jaguars apparently believe he is worthy of a long-term commitment. The time will show whether they were right.
