Trevor Lawrence and Jacksonville Jaguars Agree to Historic Five-Year, $275M Contract Extension

Trevor Lawrence, quarterback for the Jacksonville Jaguars, has agreed to a monumental five-year, $275 million contract extension, cementing his status as one of the highest-paid quarterbacks in NFL history. This new deal includes $142 million fully guaranteed and a $37.5 million signing bonus, averaging $55 million annually—tying him with Cincinnati Bengals’ Joe Burrow for the highest annual salary in the league.

The extension follows closely on the heels of Jared Goff’s four-year, $212 million extension with Detroit, which positioned Goff as the second-highest-paid quarterback in the NFL with an average salary of $53 million. Lawrence joins an elite group of quarterbacks earning over $50 million annually, including Burrow, Goff, Justin Herbert (Los Angeles Chargers), Lamar Jackson (Baltimore Ravens), and Jalen Hurts (Philadelphia Eagles). At 24, Lawrence is the youngest quarterback among those earning over $40 million per year.

Lawrence’s career so far has been a mix of promise and challenges. With a 21-31 record as a starter and a 1-1 playoff record, he has thrown for 11,770 yards with 58 touchdowns and 39 interceptions. His dual-threat capability is evident with 11 rushing touchdowns, although he has also had 21 fumbles lost.

Despite a challenging injury-filled season last year, Jaguars’ General Manager Trent Baalke and Head Coach Doug Pederson remain confident in Lawrence’s potential. Lawrence missed his first professional game due to a sprained right shoulder and also struggled with a sprained left knee, a sprained right ankle, and a concussion throughout the season. These injuries contributed to the Jaguars’ disappointing late-season collapse, ending with a 9-8 record and missing the playoffs.

To support Lawrence and mitigate future injuries, Baalke has focused on strengthening the offensive line. The team re-signed left guard Ezra Cleveland, added veteran center Mitch Morse in free agency, and drafted Javon Foster, a promising fourth-round pick from Missouri. Additionally, the Jaguars have revamped their receiving corps, bringing in first-round speedster Brian Thomas Jr., former Buffalo starter Gabe Davis, and Devin Duvernay to replace Calvin Ridley, Zay Jones, and Jamal Agnew.

The Jaguars’ decision to invest heavily in Lawrence underscores their belief in his abilities and leadership. This contract extension not only secures Lawrence’s future with the team but also sets the stage for the Jaguars to build a competitive and resilient squad around their star quarterback. As Lawrence aims to lead the team back to the playoffs and beyond, the Jaguars are poised to make significant strides in the upcoming seasons.