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Josh Allen Secures Record Breaking 330m Contract With Buffalo Bills

Bonisiwe Shabane
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josh allen secures record breaking 330m contract with buffalo bills

The Buffalo Bills broke the bank for Josh Allen this offseason, giving him a six-year extension worth $330 million with $250 million of that already guaranteed. It's a lot of money that will help Allen plan his wedding with movie star Hailee Steinfeld, but it could also change how the NFL gives money out to quarterbacks moving forward. Bleacher Report writer Alex Kay is already thinking that Allen's contract has sent shockwaves throughout the league. "Allen's contract is ultimately a team-friendly one—he surely could have commanded more per year in wake of winning his first NFL MVP award—and could cost his fellow passers leverage at the negotiating table," Kay... "The first player to see a tangible impact from Allen's deal may be Brock Purdy, who is due for his first extension with the San Francisco 49ers following a blistering start to his career. 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." Last August, Josh Allen exuded confidence when asked about his contract after so many other top-tier quarterbacks had surpassed his salary. Allen said then that his time would inevitably come when it came to getting a new contract extension, and that's exactly what happened on Sunday after he and the Bills came to terms on... Allen and the Bills agreed to a six-year extension that will keep the superstar in Buffalo through the 2030 season, the team announced Sunday. Allen is receiving a $330 million contract that includes a record $250 million guaranteed, according to ESPN. The deal makes Allen the league's highest-paid player.

While Allen still had four years and about $140 million left on his current contract, the Bills clearly thought that this was the time to reward the reigning league MVP. Allen, 28, won his first league MVP after leading the Bills to a 13-4 regular season record and a fifth consecutive AFC East title. Allen then led Buffalo to playoff wins over the Broncos and Ravens before the Bills fell to the Chiefs in the AFC Championship game. A three-time Pro Bowler, Allen is the only quarterback in NFL history with multiple seasons with at least 25 touchdown passes and 12 touchdown runs. Last year, he broke Hall of Fame running back Thurman Thomas' franchise record for career touchdown runs. His 195 career touchdown passes is second in franchise history behind Hall of Fame quarterback Jim Kelly.

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. Josh Allen is getting a record-breaking raise.

The 2024 NFL MVP reportedly agreed to a six-year, $330 million contract with the Buffalo Bills, according to ESPN's Adam Schefter. The quarterback's new deal, which goes through the 2030 season, includes $250 million guaranteed, topping the previous record for the league's largest guaranteed total of $230 million set by Cleveland Browns quarterback Deshaun Watson... 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 We’ve reached an agreement on a new deal with MVP QB Josh Allen that will keep him in Buffalo through 2030‼️https://t.co/t1htWa13YZ | #BillsMafia pic.twitter.com/gBovXO6Ue9 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. The guaranteed money was seemingly the key benchmark to get this deal done.

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.

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