The Jacksonville Jaguars and quarterback Trevor Lawrence have come to terms on a new 5 year, $275M extension according to reports.
The deal, which includes $200M in guaranteed money, will feature $142M due at signing, with a $37.5M signing bonus. Lawrence’s new pact carries an AAV of $55M per season, putting him atop the highest paid player list alongside Bengals QB Joe Burrow.
With his new contract, the 24 year old becomes the 6th QB in the league to eclipse the $50M AAV mark, and the 9th QB to have $100M+ in fully guaranteed money.
In 2023, Lawrence threw for 4,016 yards, along with 21 TDs. However, his 14 interceptions, and 7 fumbles led the league in turnovers. That, coupled with a concussion, ankle, and shoulder injuries, is part of the reason why the red hot Jaguars, who rushed out to an 8-3 start, ultimately lost the AFC South divisional crown to the Houston Texans as they struggled down the stretch.
Originally taken 1st overall by the Jaguars in 2021, the former Clemson standout has ridden an uneven start to his NFL career. Once viewed as a generational prospect, Lawrence got off to a rocky start under the tutelage of Urban Meyer in Duval, eventually leading to his dismissal.
The 6’6″ signal caller rebounded under the guidance of Doug Pederson, going 9-8 in 2022, while earning the first postseason win of his career. However injuries and inconsistent play last season saw Lawrence miss the first game of his career, while posting an 8-8 record in 16 starts.
Jacksonville clearly believes that the traits which made Lawrence a franchise altering prospect in college are still there, which is why they weren’t afraid to dole out a quarter of a billion dollars to secure his services. However, the pressure will now be on the 4 year veteran to live up to his hefty price tag, and return Jacksonville to the top of the AFC South standings.
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