Jaguars sign Josh Allen to new 5-year, $150 million contract

JACKSONVILLE, Fla. — The Jacksonville Jaguars are officially keeping pass rusher Josh Allen to a 5-year contract.

The Jaguars have agreed to a 5-year, $150 million deal with Allen, which will make him one of the highest-paid players in his position in the NFL, NFL Network Insider Ian Rapoport first reported Wednesday.

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Rapoport also reported that the contract includes $88 million guaranteed.

The team confirmed that Allen had been re-signed on Wednesday afternoon. Allen issued the following statement:

“I’m grateful to the Jaguars organization for putting their faith in me once again. Five years ago, as a first-round pick and again today, they’ve shown that they believe in my talent and value my contributions to this team. I’m prepared to make good on their investment and do whatever it takes to bring a championship to Jacksonville. Thank you to my wife, Kaitlyn, and my kids Wesley, Julian and Vanessa for supporting me on this journey. It’s always been my goal to leave a legacy wherever I go, and I’m proud that work continues in Duval.”

—  Josh Allen

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The extension replaces Allen’s 1-year franchise tag contract, which was set to pay him a little more than $24 million.

Allen just came off his second Pro Bowl trip in 5 NFL seasons following a career-best 17.5 sacks, 66 tackles, 2 forced fumbles and his second career interception.

Action Sports Jax will give you the latest as we learn more.

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