Josh Allen Contract Details The Highest Paid Player In Nfl History

Bonisiwe Shabane
-
josh allen contract details the highest paid player in nfl history

Former University of Wyoming football star quarterback Josh Allen got a nice pay raise from the Buffalo Bills on Sunday. Allen, 28, was rewarded with a contract extension worth $330 million, including an NFL record $250 million guaranteed, making him one of the highest-paid players in the history of the league. The Bills announced the six-season agreement, the details of which were first reported by ESPN. The agreement adds a two-year extension to Allen's previous contract that ran through 2028. The extension serves as sad news for Denver Broncos fans that want Allen to join their team after the franchise passed up on drafting Allen when it had the chance. Allen’s is the largest guarantee total ever given to an NFL player, surpassing the $231 million guaranteed that Dallas Cowboys quarterback Dak Prescott got last year.

Allen was drafted by the Bills out of UW with the No. 7 pick in 2018. Josh Allen has been a dominant playmaker in the NFL for years now, turning the Buffalo Bills into a perennial contender. Now, the 2024 NFL MVP just signed a record-breaking contract that includes the most guaranteed money in league history. Given his massive payday, let’s break down Allen’s salary, contract, and net worth. After showing a massive improvement in 2020, the Bills took a chance on Allen, assuming the increased production would continue.

In 2021, the former Wyoming quarterback signed a landmark six-year, $258 million contract extension with the Bills, which included a $16 million signing bonus. The deal featured $150 million guaranteed for injury and $100 million fully guaranteed at signing, with the opportunity to earn up to $30 million in incentives based on production and performance. Allen developed into a superstar and an MVP, proving he was worth every penny. However, the QB market has exploded in recent years, so Allen didn’t rank among the top 10 highest-paid quarterbacks in the NFL even after signing the lucrative extension. During the 2025 offseason, the Bills fixed that. Josh Allen signed a six year, $330 million contract with the Buffalo Bills, replacing his prior contract which had four years remaining.

$250 million is guaranteed of which $147 million is fully guaranteed at signing. Allen received a signing bonus worth $56.745 million and his 2025 and 2026 salaries are fully guaranteed. $34.5 million of his 2027 salary is fully guaranteed at signing and the rest will be fully guaranteed on the 5th day of the 2026 league year. On the 5th day of the 2027 league year, Allen's $53.5 million salary in 2028 is fully guaranteed. If on the roster on the 5th day or the 2028 league year, $14 million of his 2029 roster bonus is guaranteed. On the 5th day or the 2029 league year Allen will receive a $35 million roster bonus.

On the 5th day of the 2030 league year he will receive a $30 million roster bonus. The team has the right to convert salary to an option bonus in 2026, 2027, and 2028. The are three void years in the contract for salary cap purposes. Allen can also earn up to an additional $3 million in Super Bowl incentives. The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.

The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in... Weeks not plotted indicate that the player was inactive or on a bye. To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium. Buffalo Bills quarterback Josh Allen is set to make history with a record-breaking 9-year, $846 million contract, making him the highest-paid player in NFL history. With an average annual salary of $70 million, this deal cements Allen’s place among the league’s elite and raises questions about the future of quarterback contracts, team salary caps, and Buffalo’s Super Bowl aspirations. The staggering size of this contract is a statement by the Buffalo Bills, signaling their unwavering commitment to Allen and their belief that he can bring a Super Bowl championship to Buffalo.

However, with such a massive investment come significant financial risks. If finalized, this Josh Allen contract will surpass the previous record set by Patrick Mahomes, who signed a 10-year, $450 million deal with the Kansas City Chiefs in 2020. At the time, Mahomes’ deal was considered groundbreaking, but Allen’s contract raises the bar to unprecedented heights. The size of the deal reflects the increasing value of elite quarterbacks in the modern NFL. With the league relying heavily on high-powered offenses, teams are willing to invest more in franchise quarterbacks to secure long-term success. The Bills’ front office believes this deal is the best way to keep the team competitive and ensure that Buffalo remains a championship contender for years to come.

There are several key reasons why Buffalo is willing to commit nearly $1 Billion to keep Allen under contract: There was a flurry of moves and deals made in the NFL on Sunday, and the Bills and their quarterback Josh Allen got in on the action with a new contract agreement. The deal ensures that the 2024 league MVP will stay in Buffalo for essentially his entire career, as he will earn the most guaranteed money of any player in league history. Allen had four years left on his original contract that he signed back in 2021. He was tied to the Bills through 2028, and had an annual value of $43 million, including $150 million guaranteed. But he and his agent re-worked the deal based on his performance over the last couple of seasons, and the quarterback’s yearly earnings have been boosted to $55 million per season.

He’s added $100 million to his guaranteed money, as well, bumping that number up to $250 million, the most of any player in the NFL, ever. The previous record was held by Deshaun Watson at the Browns, which was set at $230 million in guarantees. A new NFL mark: the Bills and Josh Allen reached agreement on a new record-setting six-year, $330 million contract that includes $250 million guaranteed, the largest guarantee ever given to an NFL player, sources... Allen had four years left on his deal, but the Bills… pic.twitter.com/HVImHRv7TB If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Learn more >

The Buffalo Bills have spent the last week rewarding their home-grown players with contract extensions, and now they have rewarded their superstar quarterback. Josh Allen is now the highest-paid quarterback in terms of guaranteed money in this history of the NFL. The Bills gave the Allen a six-year, $330 million contract extension that includes $250 million guaranteed, the most guaranteed money ever given to a player. The Bills have also rewarded the likes of Khalil Shakir, Greg Rousseau, and Terrel Bernard with big contract extensions this past week, all of which were for four years. Allen is coming off his first MVP season, leading the Bills to the AFC Championship Game for the second time in his career. He also put together his fifth straight season of 40+ touchdowns, which is an NFL record.

The NFL is a quarterback-driven league, and there is no better indicator of that than quarterback salaries as of late. Quarterbacks are by far the highest-paid players in the NFL. They touch the football on nearly every snap, and with how the league has become pass-heavy and often reliant on the dual-threat capabilities of many quarterbacks, the position is more valuable than ever. After all, just look at how the Bengals and Ravens have played when superstars Joe Burrow and Lamar Jackson aren't available. Below is a closer look at who the highest-paid quarterbacks are, and how their salaries compare to other athletes. The highest-paid quarterback in the NFL based on annual salary is Dak Prescott, who signed a deal worth $60 million per year in 2024.

Based on total guaranteed money, Bills quarterback Josh Allen is the highest-paid. Allen signed an extension this past offseason which includes $250,000,000 guaranteed. In terms of total value, Chiefs' Patrick Mahomes has by far the largest overall deal, worth $450,000,000 over 10 years, with over $141 million in total guaranteed money. The Buffalo Bills have spent the offseason re-signing core players to long-term contract extensions. None of them compare to the one they handed out on Sunday night. Not in terms of money, and certainly not in terms of importance.

The Bills re-signed starting quarterback and reigning league MVP Josh Allen to a new six-year, $330M contract extension that includes $250M in guaranteed money. It is the largest contract in NFL history, and it comes when Allen still has four years remaining on his current deal. It ties Allen to the Bills through the 2030 season.

People Also Search

Former University Of Wyoming Football Star Quarterback Josh Allen Got

Former University of Wyoming football star quarterback Josh Allen got a nice pay raise from the Buffalo Bills on Sunday. Allen, 28, was rewarded with a contract extension worth $330 million, including an NFL record $250 million guaranteed, making him one of the highest-paid players in the history of the league. The Bills announced the six-season agreement, the details of which were first reported ...

Allen Was Drafted By The Bills Out Of UW With

Allen was drafted by the Bills out of UW with the No. 7 pick in 2018. Josh Allen has been a dominant playmaker in the NFL for years now, turning the Buffalo Bills into a perennial contender. Now, the 2024 NFL MVP just signed a record-breaking contract that includes the most guaranteed money in league history. Given his massive payday, let’s break down Allen’s salary, contract, and net worth. After...

In 2021, The Former Wyoming Quarterback Signed A Landmark Six-year,

In 2021, the former Wyoming quarterback signed a landmark six-year, $258 million contract extension with the Bills, which included a $16 million signing bonus. The deal featured $150 million guaranteed for injury and $100 million fully guaranteed at signing, with the opportunity to earn up to $30 million in incentives based on production and performance. Allen developed into a superstar and an MVP...

$250 Million Is Guaranteed Of Which $147 Million Is Fully

$250 million is guaranteed of which $147 million is fully guaranteed at signing. Allen received a signing bonus worth $56.745 million and his 2025 and 2026 salaries are fully guaranteed. $34.5 million of his 2027 salary is fully guaranteed at signing and the rest will be fully guaranteed on the 5th day of the 2026 league year. On the 5th day of the 2027 league year, Allen's $53.5 million salary in...

On The 5th Day Of The 2030 League Year He

On the 5th day of the 2030 league year he will receive a $30 million roster bonus. The team has the right to convert salary to an option bonus in 2026, 2027, and 2028. The are three void years in the contract for salary cap purposes. Allen can also earn up to an additional $3 million in Super Bowl incentives. The diamond is a scatterplot graph that visualizes the relation of the player's APY (in g...