Josh Allen Earns 330m Extension As Bills Gm Brandon Beane Reveals

Bonisiwe Shabane
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josh allen earns 330m extension as bills gm brandon beane reveals

The Buffalo Bills rewarded quarterback Josh Allen this offseason by providing him with a six-year extension worth $330 million, including $250 million guaranteed. Over the next four years, Allen will receive more money than any other quarterback in history, collecting $220 million. That is $1 more than what Dak Prescott will make in the first four years of his deal. The breakdown of what Allen's annual cash flow looks like through 2030: RELATED: Detailed breakdown of Bills QB Josh Allen's massive new deal RELATED: Bills’ GM Brandon Beane pulls off another team-friendly deal, extending Christian Benford

Despite the contract breaking records with the most guaranteed money ever given in the NFL, the average annual value was fairly reasonable. Allen counts $41.3 million against the salary cap in 2025. According to Spotrac, that annual cap hit number grows to $61.3 million in 2026, $58.1 million in 2027, and $64.3 million in 2028. Brandon Beane and Josh Allen | Credit – USA TODAY Sports and Instagram @joshallenqb Buffalo Bills quarterback Josh Allen is one of the best quarterbacks in the league and is one of the league’s biggest stars. The Bills showed that when they gave him a six-year extension worth $330 million with $250 million guaranteed.

Earning $55 million per season, Allen is one of the highest-paid quarterbacks in the NFL, only trailing Joe Burrow and Dak Prescott. While Allen is paid more than Kansas City Chiefs quarterback Patrick Mahomes on a yearly basis, the Chiefs’ quarterback has the highest total contract value. Before the 2020 season, Mahomes and the Chiefs agreed to a 10-year extension worth $477 million with $26 million in potential bonuses. Before the Bills and Allen reached an agreement on his latest extension which was on March 9, the team tried to extend him in a similar way the Chiefs did Mahomes in 2020. General Manager Brandon Beane joined the Rich Eisen Show recently and detailed to Eisen how they offered Allen a 10-year deal. Allen and his agents weren’t up for the super long-term deal.

The Buffalo Bills knew what they were doing upon signing Josh Allen to the $330 million contract. General Manager Brandon Beane explained why they took a certain approach when it comes to the guaranteed money. Beane went on the Pat McAfee Show on Monday. The general manager explained that the Bills really owe Josh Allen $147 million in guaranteed money, not $250 because some of the $250 is an injury guarantee. So it just guarantees Allen that money if he suffers a football related injury. “Now those are total guarantees.

You don’t have to fund the total guarantees. It’s the hard guarantee like the skill, injury, cap,” Beane said at the 8:53 mark. “So like Josh’s real guarantee or his hard guarantee was $147, but he’s got $250 total which includes injury guarantee, you do not have to fund those. Whatever we don’t pay him this year of his hard guarantee we’ll have to fund by next March 31st of that $147 not that $250.” It is reasonable for the Buffalo Bills to retain their best player, especially granting Josh Allen a historic contract to keep him for the long term. 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. Bills QB Josh Allen was “rewarded” yesterday with a contract extension worth $330M, including an NFL record $250M of it guaranteed, according to John Wawrow of the AP. The new contract is expected to provide Buffalo “much-needed savings under the salary cap” entering the league’s new business year, which opens Wednesday. The team was “projected to be close to the cap limit” after releasing DE Von Miller earlier in the day.

The deal follows GM Brandon Beane spending the past weeks locking in the young core of the team (AP, 3/9). BUFFALO MAN: In Buffalo, Katherine Fitzgerald wrote the Bills are “putting their money where their MVP is.” On top of his statistical dominance, Allen is “deeply tied to the fan base” (BUFFALO NEWS, 3/9). Also in Buffalo, Ryan O’Halloran wrote the relationship with Allen and the Bills is a “marvelous, trusting and productive partnership between player and club.” Allen had four years left on his contract, and the... Quarterbacks like him are why pro football is the king of North American professional sports. There is nothing better for a sports team when the best player and upper management are aligned.” It is “smart business” by Bills owner Terry Pegula and Beane. They are keeping their franchise player “happy ahead of moving into their new stadium in 2026.” It is also “smart business” by Allen as the Bills “won’t have to cut financial corners” (BUFFALO NEWS,...

BOLD MOVE: SI’s Matt Verderame wrote there is a “fine line between sticktoitiveness and stubbornness, and the next few years will define which adjective will best describe” how Bills fans remember Beane. Instead of waiting for another “year’s worth of evidence or becoming desperate and making a trade for a big name who would cost picks and a monstrous extension, Beane stayed the course.” He signed... FILE - 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.

— 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."

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