Bills Allen Signs New 6 Year Deal Reportedly Worth 330m

Bonisiwe Shabane

-Oct 29, 2025, 10:06 PM

bills allen signs new 6 year deal reportedly worth 330m

The Buffalo Bills are making it rain for the reigning AP NFL Most Valuable Player. Quarterback Josh Allen has agreed to a six-year deal worth $330 million with $250 million guaranteed that keeps him in Buffalo through 2030, NFL Network Insider Ian Rapoport reported Sunday. The team later announced the pact. Allen will now make $55 million per year after winning his first career MVP this past season, which is second behind only the Dallas Cowboys' Dak Prescott ($60 million) for average annual value. The three-time Pro Bowler is coming off a sensational season in which he threw for 3,731 yards and 28 touchdowns while rushing for 531 yards and 12 more scores, becoming the first NFL player... No doubt the straw that stirs Buffalo success, Allen led the Bills to their fifth straight AFC East title en route to an AFC Championship Game loss, once again in bitter fashion to the...

Buffalo Bills quarterback Josh Allen looks to pass during the second half of the AFC Championship NFL football game against the Kansas City Chiefs, Monday, Jan. 27, 2025, in Kansas City, Mo. (AP Photo/Charlie Riedel, File) ORCHARD PARK, N.Y. (AP) — NFL MVP Josh Allen was rewarded Sunday with a contract extension worth $330 million, including an NFL record $250 million of it guaranteed, which makes him among the league’s highest-paid players. The Buffalo Bills announced the agreement, while two people with knowledge of the deal revealed the contract’s value to The Associated Press.

The people spoke to the AP on the condition of anonymity because the Bills did not release that figure, which was first reported by ESPN.com. The new deal adds two years to Allen’s contract and locks the 28-year-old in through the 2030 season. Cleveland quarterback DeShaun Watson’s five-year contract signed in 2022 set the previous record in featuring $230 million in guarantees, per Spotrac.com. The total value of Allen’s new contract ranks second behind Kansas City’s Patrick Mahomes, who signed a 10-year, $450 million in 2020. BUFFALO, N.Y. -- The Bills have rewarded NFL MVP Josh Allen with a record-setting six-year, $330 million contract through the 2030 season that includes $250 million guaranteed, sources told ESPN's Adam Schefter on Sunday.

It's the largest guaranteed total given to an NFL player, surpassing the previous mark of Cleveland Browns quarterback Deshaun Watson, who received $230 million guaranteed. Allen, who was previously signed through 2028, will be 34 years old when the final year of this extension begins. The extension takes Allen from the 14th-highest average annual value among quarterbacks ($43 million) to tied for second ($55 million). Only Dallas Cowboys quarterback Dak Prescott has a contract with a higher average annual value ($60 million). Bills quarterback Josh Allen is getting an NFL-record $250 million in guaranteed money as part of his new six-year, $330 contract. "I love Josh and so proud of what he's done, and so, I could be here all day talking about how great he is and what he's done for our team and where he...

"He and I have a great relationship. We talk a lot. When the dust settles, before we're ever really talking to his agent or his agents calling me, like, Josh and I will have those conversations [about a potential extension], holistically about the team, things... And I'm not saying it will happen, I'm not saying it won't happen. ... There'll be a time and place, and not saying we will, but not ruling it out either."

The Buffalo Bills have reached an agreement with Josh Allen that keeps the quarterback under contract through 2030, the team announced Sunday. The deal is worth $330 million with an NFL-record $250 million guaranteed, sources told ESPN's Adam Schefter. Allen's new $55-million average salary is tied for the second-highest league-wide, trailing only Dallas Cowboys quarterback Dak Prescott's $60-million price tag, according to Spotrac. He had previously signed a six-year, $258-million extension with the Bills in 2021. Allen had four years and $130 million left on his existing contract, while the new deal adds two years and $200 million, per NFL Network's Tom Pelissero. Adam Schefter of ESPN reports that the Bills and Josh Allen have reached an agreement on a new record-setting six-year, $330 million contract that includes $250 million guaranteed.

Schefter mentions that this is the largest guarantee ever given to an NFL player. What’s also notable is the fact that Allen had four years left on his deal. However, the Bills had said that they were open to getting a new deal done with Allen this offseason. Patrick Mahomes is likely next in line for a new contract that brings his compensation in line with recent deals signed by top quarterbacks. Allen, 28, is a former first-round selection of the Buffalo Bills out of Wyoming in the 2018 NFL Draft. He was entering the final year of a four-year, $21.183 million rookie contract in 2021 that included a $13.485 million signing bonus when the Bills picked up his fifth-year option.

ORCHARD PARK, N.Y. (AP) — NFL MVP Josh Allen was rewarded Sunday with a contract extension worth $330 million, including an NFL record $250 million of it guaranteed, which makes him among the league’s highest-paid players. The Buffalo Bills announced the agreement, while two people with knowledge of the deal revealed the contract's value to The Associated Press. The people spoke to the AP on the condition of anonymity because the Bills did not release that figure, which was first reported by ESPN.com. The new deal adds two years to Allen’s contract and locks the 28-year-old in through the 2030 season. Cleveland quarterback DeShaun Watson's five-year contract signed in 2022 set the previous record in featuring $230 million in guarantees, per Spotrac.com.

The total value of Allen's new contract ranks second behind Kansas City's Patrick Mahomes, who signed a 10-year, $450 million in 2020. Meanwhile, Dallas quarterback Dak Prescott tops the NFL list in averaging $60 million per season after signing a four-year, $240 million contract extension last summer. ORCHARD PARK, N.Y. -- NFL MVP Josh Allen was rewarded Sunday with a contract extension that is reportedly worth $330 million, which would make him among the league's highest-paid players. The Buffalo Bills announced the agreement, which adds two years to Allen's contract and locks the 28-year-old in through the 2030 season. ESPN.com reported the deal's value and includes an NFL-record $250 million guaranteed.

The Bills did not release the value of the contract. The extension comes following Allen's seventh NFL season in which he became the Bills third player to earn NFL MVP, and first since running back Thurman Thomas did so in 1991. The new deal eclipses Allen's previous contract, a six-year $258 deal he signed with Buffalo in August 2021. Allen has established himself as one of the league's elite quarterbacks and re-written nearly every franchise single-season passing and scoring record at his position. In doing so, he's overcome the many questions and criticisms he faced for being considered a raw and inaccurate player when Buffalo selected him with the No. 7 pick in the 2018 draft out of Wyoming.

The Buffalo Bills and quarterback Josh Allen reportedly have reached an agreement on a new record-setting six-year, $330 million contract, according to Adam Schefter of ESPN. The deal includes $250 million guaranteed, which is the largest ever given to an NFL player. Allen had four years left on his prior contract, but he and the Bills still worked out a new historic deal. Allen has been one of the best quarterbacks in the NFL for years, helping the Bills make deep playoff runs. They have not gotten over the hump to make a Super Bowl yet, but have been close on multiple occasions. This past season was perhaps the closest the Bills have gotten, as they had the ball with a chance to score and beat the Kansas City Chiefs in the AFC Championship Game.

Ultimately, Kansas City got a stop to beat Buffalo in the playoffs once again. It has been an active weekend of transactions in the NFL, with the Las Vegas Raiders' trade for Geno Smith with the Seattle Seahawks and Myles Garrett's historic extension with the Cleveland Browns headlining... Allen's deal is a reminder of the value that quarterbacks have to teams, as he will be locked in with the Bills for a long time. Allen's deal comes out to $55 million from an average annual value standpoint, which is in the same range as many other top quarterbacks who have signed extensions recently. Allen, however, is simply a better quarterback than others who have signed at that type of number. Dak Prescott has the highest AAV for a quarterback at $60 million.

Bills Allen Signs New 6 Year Deal Reportedly Worth 330m

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