JACKSONVILLE, Fla. — The Jaguars and quarterback Trevor Lawrence have agreed on a five-year extension, the staff introduced on Friday.
The deal is price $275 million, a supply informed ESPN’s Adam Schefter.
The contract consists of $200 million assured and $142 million at signing, the supply informed Schefter. Lawrence obtained a $37.5 million signing bonus in a deal that begins in 2026, that means he might be below contract via 2030, a supply informed ESPN.
“With this five-year extension, the imaginative and prescient we had after we chosen Trevor first general in 2021 has grow to be a actuality,” Jaguars normal supervisor Trent Baalke mentioned. “Our goals have all the time been aligned. As a company, we now have constantly messaged the significance of extending our core gamers and Trevor is a foundational expertise that we are going to proceed to construct round in our quest for a championship.”
Editor’s Picks
The $55 million common wage in Lawrence’s deal ties him with the Cincinnati Bengals’ Joe Burrow for the highest mark in that class within the NFL.
Lawrence turns into the sixth quarterback to have an annual wage above $50 million, becoming a member of Burrow, the Detroit Lions’ Jared Goff ($53 million), Los Angeles Chargers’ Justin Herbert ($52.5 million), Baltimore Ravens’ Lamar Jackson ($52 million) and Philadelphia Eagles’ Jalen Hurts ($51 million).
The Kansas Metropolis Chiefs’ Patrick Mahomes, who simply gained his third Tremendous Bowl, is the next-highest paid quarterback at $46.339 million yearly.
Lawrence’s new contract makes him the ninth quarterback with $100 million or extra absolutely assured, becoming a member of the Cleveland Browns’ Deshaun Watson ($230 million), Burrow ($146.5 million), Jackson ($135 million), Herbert ($133.7 million), Goff ($113.6 million), Hurts ($110 million), the Arizona Cardinals’ Kyler Murray ($103.3 million) and Buffalo Payments’ Josh Allen ($100 million).
PlayerAPYTrevor Lawrence$55MJoe Burrow$55MJared Goff$53MJustin Herbert$52.5MLamar Jackson$52M– ESPN Stats & Data
“I’m past grateful to have the ability to proceed my profession in Jacksonville,” Lawrence mentioned in a press release. “My household and I really like this metropolis – it has grow to be residence to us and this solidifies that much more. We won’t thank Mr. Khan, and everybody concerned sufficient for his or her perception in me.”
Lawrence is fourth all time in Jaguars historical past in passing yards (11,770) and passing touchdowns (58) and is 21-31 as a starter (together with playoffs). He led the Jaguars to the AFC South title in 2022 and rallied the staff from a 27-0 deficit to a 31-30 victory over the Chargers in a wild-card playoff sport earlier than dropping to the Chiefs in a divisional playoff.
He led the Jaguars to an 8-3 begin in 2023 however battled a concussion and ankle and shoulder accidents over the ultimate six weeks of the season, because the Jaguars went 1-5 down the stretch and missed the playoffs.
The Jaguars chosen Lawrence first general in 2021. He struggled as a rookie below coach City Meyer — who was fired after solely 13 video games — and completed with a league-high 17 interceptions. Lawrence improved below coach Doug Pederson, throwing for 4,113 yards and 25 touchdowns with solely eight interceptions in 2022. The Jaguars began the season 3-7 however went 6-1 within the final two months and gained the AFC South.
Lawrence has 60 turnovers in his first three seasons, which incorporates an NFL-high 21 in 2023 (14 interceptions, 7 misplaced fumbles). There are solely 11 quarterbacks who’ve made their debut since 1978 which have turned the ball over extra of their first three seasons, in accordance with the Elias Sports activities Bureau. That record consists of three Corridor of Famers: Warren Moon (73, tied with Steve DeBerg for essentially the most), Peyton Manning (64) and John Elway (61).
“I’m delighted that we have agreed to phrases on a contract extension for Trevor Lawrence,” Jaguars proprietor Shad Khan mentioned in a press release. “Trevor and Trent Baalke each deserve immense credit score for his or her dedication over the offseason to succeed in a deal that may present long-term advantages to our soccer staff, the Jacksonville group and our followers all over the place. To get it carried out comfortably and amicably forward of coaching camp, as with the long-term settlement we reached in April with Josh Allen, is an additional assertion that the Jacksonville Jaguars are dedicated to successful now and for a lot of seasons to return.”