Jacksonville Jaguars quarterback Trevor Lawrence has agreed to a five-year contract extension worth $275 million (£216 million), according to NFL Network Insider.
The agreement is reported worth $55m (£43m) a year, with $200m (£157m) guaranteed, which would make the 24-year-old the highest-earning quarterback alongside Cincinnati Bengals’ Joe Burrow.
Lawrence, the number one overall pick in the 2021 NFL Draft, would have played the 2024 season for $5.6 million (£4.4 million) on a rookie contract if no long-term deal had been reached.
In 2023, Lawrence threw for 4,016 yards, 21 touchdowns and 14 interceptions, but despite an impressive start to the season, the Jaguars missed out on the play-offs.
He said he wanted his contract extension done before the start of Jaguars training camp, having been an important player since his NFL debut in 2021.
Analysis
Sam Harris, BBC Sport
Trevor Lawrence has landed the latest deal in a series of mega NFL quarterback contracts.
With 14 interceptions in an injury-interrupted 2023-24 season, the question arises as to “why” the Jaguars are investing a franchise record in the extension.
But this is a future investment, securing a number one draft pick who has shown flashes of stardom and elite performance.
Remember: he was the architect of the 2022 play-off comeback victory against the Los Angeles Chargers when they lost 27-0, winning 31-30.
Under the offensive guidance of head coach and former quarterback Doug Pederson, Lawrence could very well be on track for a breakout season and a quest to get Jacksonville back into Super Bowl contention.
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