Bills, Josh Allen agree to terms on six-year extension worth reported $258 million, $150 million guaranteed

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JAMIE GERMANO by way of Imagn

The Buffalo Expenses have locked down their franchise quarterback for the potential. On Friday, the group announced it has agreed to conditions on a six-yr agreement extension with Josh Allen, which operates as a result of the 2028 season. According to ESPN’s Adam Schefter, the new offer is well worth $258 million and involves $a hundred and fifty million guaranteed. 

The Expenses at first chosen Allen with the No. 7 overall decide in the 2018 NFL Draft out of Wyoming. The twenty five-yr-old is coming off of a job season in which he threw for four,544 yards, 37 touchdowns and ten interceptions whilst leading the Expenses to a 13-three report and an visual appeal in the AFC Championship Match. Allen ranked fifth in passing yards, fifth in passing touchdowns, fourth in completion percentage (sixty nine.two) and experienced the fourth-finest quarterback ranking (107.two). His monster marketing campaign broke various Expenses franchise documents, which include in landing passes, completions and passing yards.

Allen’s new reported offer will have him averaging $forty three million for each yr. According to Spotrac, that comes in at No. two driving Patrick Mahomes of the Kansas Metropolis Chiefs, and just earlier mentioned the $forty million Dallas Cowboys quarterback Dak Prescott will normal with his new offer. Allen’s $a hundred and fifty million guaranteed and his $100 million completely guaranteed upon signing are both report-breaking numbers, for each Ian Rapoport of the NFL Community.  

The massive-armed signal-caller has improved in just about every of his three seasons, and has finished more than enough to establish he is the sort of chief that can take this franchise to new heights. He was the runner-up for MVP in 2020, and is tied for the 2nd-finest odds to acquire the award in 2021, in accordance to Caesars Sportsbook. Allen is the 1st of the three gifted quarterbacks that are expected to indication extensions in the close to potential. The other two are Lamar Jackson of the Baltimore Ravens and Baker Mayfield of the Cleveland Browns — who will undoubtedly use Allen’s new offer to their gain at the negotiating table.