Buffalo Bills quarterback Josh Allen agreed to a six-year extension through the 2028 season on Friday.
Multiple reports with details of the contract not released by the Bills peg Allen at $150 million in guarantees and $258 million in total potential earnings, an average of $43 million per season.
Allen, 25, is coming off a breakout season in 2020 in which he made the Pro Bowl, guided the Bills to their first AFC East title since 1995 and broke single-season team records for passing yards (4,544) and touchdown passes (37).
Buffalo lost to the Kansas City Chiefs, 38-24, in the AFC Championship Game.
Allen also broke the franchise records for completions (396), completion percentage (69.2), 300-yard games (eight) and total touchdowns (46) in 2020 and finished runner-up to Green Bay Packers quarterback Aaron Rodgers for the league’s Most Valuable Player award.
Allen is 28-15 as a starter and has completed 61.8 percent of his passes for 9,707 yards with 67 touchdowns and 31 interceptions in 44 games (43 starts) since the Bills made him the No. 7 overall pick in the 2018 NFL Draft. He has also rushed for 1,562 yards and 25 touchdowns.
The $43 million average annual value makes Allen the second-highest-paid quarterback in the NFL, behind Chiefs star Patrick Mahomes ($45 million) and just ahead of the Dallas Cowboys’ Dak Prescott ($42M).
Allen is the first quarterback in the 2018 class to sign a long-term second contract. Lamar Jackson of the Baltimore Ravens and the Cleveland Browns’ Baker Mayfield are also in line for lucrative deals.
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