Josh Allen Secures Record 330m Extension With Bills

Bonisiwe Shabane

-Oct 29, 2025, 9:58 PM

josh allen secures record 330m extension with bills

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." Home > Blog > Josh Allen Signs Largest Guaranteed Contract in NFL History Josh Allen has been a standout player for the Buffalo Bills since he first joined the league. Last season, he capped it off by winning his first MVP award, which was celebrated with a heartfelt tribute from kids at John R. Oishei Children's Hospital.

In the playoffs, the Bills have consistently faced the tough challenge of the Kansas City Chiefs. They've lost to the Chiefs in four out of the last five postseasons, with the last two losses being particularly tough to swallow. Nevertheless, the Bills recognize they have one of the top quarterbacks in the game, and they're rewarding him with a record-breaking extension to keep him in Buffalo for the long haul. Allen and the Bills have struck a deal for a six-year, $330 million extension. According to ESPN's Adam Schefter and other sources, this contract includes $250 million in guarantees, marking the highest guaranteed amount for any player in NFL history. Even though there were still four years remaining on his previous contract, this new deal will take precedence.

He'll be with the team until the end of the 2030 season. This contract is the second-largest in NFL history, just behind Patrick Mahomes's $450 million deal with the Chiefs. Allen's average annual salary of $55 million is only surpassed by Dak Prescott, who earns about $60 million a year. 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. The Buffalo Bills paid their quarterback on Sunday afternoon. The Bills agreed to a six-year, $330 million extension with Josh Allen on Sunday, the team announced. According to multiple media reports, the deal includes $250 million guaranteed, which is the largest guarantee ever given to an NFL player. Allen had four years left on his current deal. He will now be with the team through the 2030 season.

Allen, who will carry an average annual value of $55 million per season, is now among the highest-paid quarterbacks in the league. Only Dallas Cowboys quarterback Dak Prescott, with an AAV of $60 million per season, averages more. Cleveland Browns quarterback Deshaun Watson had the previous guaranteed record with his $230 million deal. Only Kansas City Chiefs quarterback Patrick Mahomes has a deal worth more with his $450 million contract. The Buffalo Bills have one of the best quarterbacks in football, and they are not letting him go. On Sunday, Buffalo inked Josh Allen to a lucrative $330 million contract extension over six years in one of the biggest deals ever.

Now, the official details of the deal are starting to come out, and Allen is getting a massive raise. He is earning about $90 million more over the next four years than he would have on his original contract, according to Albert Breer of Sports Illustrated. “He’ll get $220 million over the next four years. On his existing deal, he had four years left at $129.555 million, meaning he’s effectively getting a $90 million raise,” Breer wrote. “That’s an average of $55 million per year, which is the six-year average of the deal too. Taking the new-money math out of it, that’s a record—beating Dak Prescott ($54.8 million), Patrick Mahomes ($52.02 million) and Lamar Jackson ($52 million).

Remember, Prescott had to play out one deal, and get to end of another to get there. Jackson played out his deal to get to his number.” His league-leading AAV seems fitting considering that Allen is arguably the best and most valuable player in the NFL at the moment. Mahomes, Jackson and the Bills signal caller are in a tier of their own at the top of the league, and now the reigning league MVP has a contract to show for it right... No quarterback, or any other player for that matter, has understandably not come anywhere close to matching the fully-guaranteed contract that Deshaun Watson signed with the Cleveland Browns (that's going well, isn't it?). However, Allen's deal could get close to that number in practical guarantees over the next few years.

Josh Allen narrowly won his 1st NFL MVP over Lamar Jackson, and Colin Cowherd says it was ‘about time’ Josh Allen was recognized and that he has ‘no problem’ with Allen winning the award. The Buffalo Bills are rewarding Josh Allen for his MVP 2024 season by making him the highest-paid quarterback in the NFL. The Bills and Allen agreed to a six-year extension, which the team announced on Sunday. The deal keeps him in Buffalo through the 2030 season as its franchise quarterback. ESPN reports the deal is worth a $330 million extension, which includes $250 million fully guaranteed, making it the largest guarantee ever given to an NFL player in history. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

The Buffalo Bills and NFL MVP quarterback Josh Allen agreed Sunday on a record-breaking contract extension that includes $250 million guaranteed, according to Ian Rapoport of NFL Network. The six-year extension has a total value of $330 million. The Bills announced the extension -- which will keep Allen in Buffalo through the 2030 season -- on Sunday. Allen's previous contract was a six-year, $258 million extension signed in 2021. Allen was the NFL's MVP in 2024. He threw 28 touchdown passes and only six interceptions and rushed for 12 touchdowns while leading the Bills to a 13-4 record.

With Allen, the Bills have made the playoffs during each of the last six seasons and have won the AFC East five straight seasons. The Bills advanced to the AFC Championship Game but lost to the Kansas City Chiefs. 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. The Buffalo Bills secured their franchise quarterback for the foreseeable future, signing Josh Allen to a record-breaking six-year, $330 million contract earlier this week. The deal, which includes $250 million in guaranteed money, sets a new benchmark for guaranteed contracts in the NFL, second only in annual value to Dak Prescott’s deal with the Dallas Cowboys. While the staggering numbers grabbed headlines, Allen’s approach to negotiations stood out just as much. The reigning NFL MVP opted to take slightly less than he could have commanded, prioritizing Buffalo’s ability to build a strong roster around him. Allen made it clear that his decision was about more than just maximizing his payday.

Speaking with Sal Capaccio of ExtraPointWGR, Allen explained his reasoning: “What’s five more going to do for my life than what I can do right now? I wasn’t looking to kill them every chance I could and told my agent that.” On his contract and maybe taking less than what he could have. "What's 5 more going to do for my life than what I can do right now? I wasn't looking to kill them every chance I could and told my agent that." Said he wanted his agent to consider cap ramifications in negotiations. With the financial security of his blockbuster contract, Allen remains focused on the present and his ultimate goal- bringing a Super Bowl to Buffalo.

When asked about the prospect of spending his entire career with the Bills, he kept his sights on the task at hand.

Josh Allen Secures Record 330m Extension With Bills

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