Josh Allen Signs Record Breaking Contract With Buffalo Bills Report

Bonisiwe Shabane
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josh allen signs record breaking contract with buffalo bills report

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. 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. Full details of the contract extension quarterback Josh Allen has signed with the Buffalo Bills have been released. All in all, there are a lot of numbers to deal with when it comes to such a massive contract.

Allen's extension will keep him in Buffalo through the 2030 season and is worth a record-breaking $330 million with $250M guaranteed. 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. The extension was a move made in good faith by the Bills and general manager Brandon Beane. Instead of making $14.5M in 2025, Allen will make $58M. A nice pay day.

But what most fans care about when it comes to contracts is how the numbers look on the team's salary cap. 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." BUFFALO, N.Y. (WKBW) — Buffalo Bills quarterback Josh Allen is one step closer to spending his entire career in Western New York. On Sunday, Allen and the Bills agreed to a six-year contract extension worth $330 million, with $250 million guaranteed.

It’s the most guaranteed money given to a player in the history of the NFL. 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 deal keeps Allen in Buffalo through the 2030 season. Allen was already under contract through 2028, but his new deal will keep him in Buffalo for two more seasons. The reigning league MVP had outplayed his previous contract extension, signed in 2021, and had become the 14th highest-paid quarterback in the NFL. After a historic season, Allen had earned a new deal, and clearly, general manager Brandon Beane felt the same way.

Less than a year ago, Buffalo Bills quarterback Josh Allen saw multiple quarterback around the NFL sign record-breaking and market-setting contracts that saw him slip further and further down the list of the highest-paid... Notably, Dallas Cowboys star Dak Prescott signed the league’s first ever $60 million per year contract. Jordan Love of the Green Bay Packers signed a deal that gives him $55 million annually, but also included an NFL record $75 million due at signing. And instead of complaining about his own current contract that already paid him $43 million a year, all Allen did was go out and win the NFL MVP Award. This past season, he completed 63.6% of his passes for 3,731 yards, 28 touchdowns, six interceptions, and a 101.4 passer rating. In addition, he rushed for 531 yards and 12 additional touchdowns.

And Buffalo wasted no time in remind him and the rest of the league that he is the heart and soul of their team. According to Adam Schefter of ESPN, Allen and the Bills have agreed on a six-year $330 million contract extension despite the fact that he already has four years left on his current deal. 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. 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.

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