Trevor Lawrence will be staying in Jacksonville, Florida, for an extended period. On Thursday, NFL Network’s Ian Rapoport reported that the Jacksonville Jaguars and the former Clemson quarterback have reached a five-year, $275 million contract extension, making Lawrence one of the highest-paid quarterbacks in the NFL. USA TODAY Sports’ Cydney Henderson and Tyler Dragon confirmed the news.
The extension follows the Jaguars exercising Lawrence’s fifth-year option in April and Lawrence’s statement during OTAs that he had no specific timeline for signing the extension.
Drafted as the first overall pick in the 2021 NFL Draft, Lawrence has already earned a Pro Bowl selection in his second season (2022). Last year, he led the Jaguars to a 9-8 record with a 56.1% QB rating, completing 370 of 564 passes for 4,016 yards and 21 touchdowns.
Trevor Lawrence’s Contract Details:
Length: Five years
Total salary: $275 million
Total guaranteed money: $200 million
According to Rapoport, Lawrence’s extension includes a total value of $378 million, with $200 million guaranteed. Out of that, $142 million is fully guaranteed once the deal is signed.
Ranking Among the Highest-Paid Quarterbacks:
Total contract value: $275 million (2nd)
Average annual value (AAV): $55 million (Tied 1st)
Total guarantees: $200 million (2nd)
Based on data from Over The Cap and ESPN, Lawrence’s contract extension ties him with Cincinnati’s Joe Burrow for the second-highest paid quarterback in terms of total value at $378 million, trailing only Patrick Mahomes of the Kansas City Chiefs at $450 million. His $55 million AAV also ties him with Burrow for the top spot.
Lawrence becomes the sixth quarterback in recent years to sign a contract extension with an AAV of more than $50 million, joining Jared Goff, Justin Herbert, Lamar Jackso
n, Jalen Hurts, and Burrow.
