NFL Salaries are soaring, and thanks to Josh Allen, two-time MVP quarterback Lamar Jackson could be looking toward a raise in the coming months. Adam Schefter is reporting that the Buffalo Bills have agreed on a new record-setting six-year, $330 million contract that includes $250 million guaranteed, the most significant guarantee ever given to an NFL player.
Allen had four years left on his deal, but the Bills still rewarded their franchise QB with a new benchmark deal.
With the move now complete, we're examining how that deal will impact the Ravens star quarterback in the future.
Josh Allen had four years remaining on his six-year, $258 million contract extension signed with the Bills on August 6, 2021. On the 5th day of the 2025 league year, Allen will earn a full guarantee on his $15 million 2026 roster bonus, which was not guaranteed at signing. Allen didn't have any more guaranteed money after the 2025 season.
Lamar Jackson's contract
Jackson just completed year two of a five-year, $260 million contract with the Baltimore Ravens signed on May 4, 2023. $185 million was guaranteed, of which $135 million was fully guaranteed at signing. A guaranteed option was due next Monday, March 17, worth $22.5 million. Jackson's 2025 base salary of $20.25 million and a $750,000 roster bonus are guaranteed. If on the roster on the 5th day of the 2025 league year, $29 million of Jackson's 2026 salary will be fully guaranteed. There are $750,000 roster bonuses due on the 5th day of the 2026 and 2027 league year.
Highest paid QBs
On Sunday, ESPN's Adam Schefter reported that the Buffalo Bills and quarterback Josh Allen agreed on a record-setting six-year, $330 million contract through the 2030 season, including $250 million guaranteed.
It is the largest guaranteed total ever given to an NFL player. The $55 million puts Allen behind Dak Prescott in average per season. Overall, Jackson is now the ninth-highest-paid quarterback in the NFL, according to Over The Cap, and extremely underpaid.
