Buffalo has locked up its franchise quarterback for the end of the day . Josh Allen and therefore the Bills have agreed to a six-year contract extension through 2028, the team announced Friday. The total value of the deal is $258 million, consistent with NFL Network Insider Ian Rapoport, who reported on Inside Training Camp Live that it’ll average $43 million per annum, with quite 50% of the cash guaranteed. Allen receives $150 million in total guarantees and $100 million fully guaranteed upon signing, which is each the very best in NFL history.
The Bills later announced that Allen had signed his new blockbuster pact. “Josh has been everything we could’ve asked for then some and that we think the simplest is yet to return,” Bills head Brandon Beane said during a Friday evening press conference . Allen expressed his gratitude for the deal and outlook that comes with it during a media session of his own.
“It’s surreal to be during this spot immediately. I’m just thankful that we could catch on done,” he said. “Now, we will specialize in going out there and earning it and ensuring that they understand that I do know that they didn’t pay me for what I’ve done. They did this ’cause they expect me to continue what I’m doing and expect me to travel win this team some championships. “We got tons of labor to try to to. I do know that and I am just excited to place this behind me and begin that specialize in football now. Allen’s new deal gives him the NFL’s second-highest total value contract behind Patrick Mahomes ‘ $450 million deal and is additionally second only to Mahomes in average per annum.
The club had previously picked up the fifth-year option on Allen after a spectacular 2020 season during which he led the franchise to the AFC Championship Game, breaking several single-season club passing records along the way, and finishing runner-up for AP NFL most precious Player. Allen passed for 4,544 yards and 37 touchdowns because the Bills ran away with the AFC East with a 13-3 regular-season record. It marked a quantum jump in Allen’s performance from his rookie year in 2018 when his proneness to turnovers seemed to be a serious concern.
Allen’s improvement has been steady, particularly in completion percentage, jumping from 52.8 (2018) to 58.8 (2019) to 69.2 last year. His year-to-year production for passing touchdowns has began also (10-20-37). The Bills also are locking up one among the league’s best rushing quarterbacks. Allen, Lamar Jackson, and Cam Newton are the sole quarterbacks to compile 1,500 rushing yards and 15 rushing scores in their first three NFL seasons. a couple of days ago, Beane said both the club and Allen were prepared to pause negotiations if a replacement deal couldn’t be struck before the beginning of the season. But there is no pausing now. The Bills open on Sept. 12 against the Pittsburgh Steelers.