12:37pm: The Burns contract’s influence on the Allen deal extends to the fully guaranteed number as well. Allen secured $76.5MM locked in at signing, Pro Football Talk’s Mike Florio notes. That is $500K north of Burns’ number, slotting in at third among edge defenders. Like Burns’ deal, Allen’s also falls short of the $30MM-per-year-mark. In terms of base value, the Jaguars pass rusher is tied to a $28.25MM-AAV accord. Yes, that narrowly eclipses Burns’ true number ($28.2MM).
After fully guaranteeing Allen’s 2024 and ’25 base salaries, the Jags guaranteed $10.5MM of his 2026 base ($22MM) at signing. The remainder becomes fully guaranteed in March 2026. Allen’s 2027 and ’28 base salaries ($23.75MM, $24.5MM) are nonguaranteed.
8:04am: This year’s July franchise tag extension deadline may not produce much in the way of fireworks. Teams are making deals early. The Jaguars are the latest, reaching an extension agreement with Josh Allen, NFL.com’s Ian Rapoport reports.
After a big contract year, the 2019 first-round pick will cash in on a five-year extension worth $150MM, according to ESPN.com’s Adam Schefter. The veteran edge defender will receive $88MM guaranteed. This will move Allen’s $24MM franchise tag off Jacksonville’s books, replacing it with a through-2028 contract.
Allen, who had gone through a three-year dry spell without a 10-plus-sack season, surged for a Jaguars-record 17.5 sacks in 2023. That was not enough to lift Jacksonville back to the playoffs. But it is enough to make him the NFL’s second $30MM-per-year edge rusher. Allen’s $30MM-AAV contract checks in behind only Nick Bosa‘s $34MM-per-year pact at the position. This contract doubles as a Jaguars franchise record.
The Giants’ Brian Burns extension looks to have played a key role in the Allen negotiations moving across the goal line. Upon trading for the five-year Panthers pass rusher, the Giants gave him a five-year, $141MM deal with $87.5MM guaranteed. (While Burns’ deal was initially reported to be worth $150MM, incentives cover $9MM in the accord.) Allen, who went off the board nine picks earlier than Burns in 2019, will come in just north of those marks to split the difference between Bosa and the field.
In terms of total guarantees — the full guarantees, always the more important number, are not yet known — Allen’s deal comes in behind only Bosa and Myles Garrett among edge players.
Allen’s extension marks the sixth given to a franchise-tagged player this year, and it comes three days after the Patriots became the first team in over a decade to extend a transition-tagged player (Kyle Dugger). Of the nine players who received a tag in March, seven are now extended. Only Tee Higgins and Antoine Winfield Jr. remain tagged.
Teams had inquired about Allen at the 2022 trade deadline, but the Jaguars held onto the Kentucky alum despite unremarkable numbers. Allen produced 7.5 sacks on just 14 QB hits in 2021, and while his number of QB hits ballooned to 22 in 2022, the sack count closed at seven. Last season, Allen erupted for 33 hits. His 17.5 sacks broke Calais Campbell‘s single-season Jags record (14.5) set in 2017. Allen’s 46 QB pressured ranked fourth in 2023. This was not enough to save DC Mike Caldwell‘s job, but as the Jags make changes up front, they prioritized Allen — so much so it meant losing Calvin Ridley to the Titans.
GM Trent Baalke said after the season the Jags viewed Allen as their top priority, and the tag ensured he would not reach the market. This is standard practice with high-end young edge rushers, and it made sense on multiple fronts for the Jags to tag Allen (27 in July) over the 29-year-old Ridley. The trade terms with the Falcons — mandating the Jags lose their second-round 2024 pick if they extended Ridley — made it difficult for the Jags to reach a contract agreement with Ridley before the new league year started. The Jags still tried to re-sign the 2022 trade acquisition, but the Titans ended up blowing both their AFC South rivals and the Patriots out of the water. While Ridley is gone, Allen is now locked in long term.
The Jags have used the tag in each year in the 2020s; Allen marks the third player extended, following Cam Robinson and Evan Engram. Jacksonville used the tag on Yannick Ngakoue in 2020, but the situation simmered to the point a late-summer trade (with the Vikings) came about. No real drama surfaced here, with Allen agreeing to terms more than three months before the July 15 deadline for franchise-tagged players to sign extensions. Baalke has now hammered out three deals for franchise tag recipients as GM, despite not being with the Jags when any of those players were drafted.
Allen’s deal aligns with Travon Walker‘s rookie contract, to a degree, with the 2022 No. 1 overall pick signed through 2025. He can be kept through 2026 via the fifth-year option, though the Georgia alum — chosen over Aidan Hutchinson — has not shown just yet that will be an easy decision for the Jags. This Allen contract, however, will most likely be paired with a monster Trevor Lawrence extension. The Jags have begun negotiations with their quarterback on what promises to be the top contract in franchise history, and although the former No. 1 pick could be kept on his rookie contract until 2025 via the option, teams generally extend QBs after Year 3.
Big deals for Allen and Lawrence on the payroll will bring mark a new roster-building phase for the Jaguars. With Allen agreeing to a landmark extension, part one of that blueprint is complete.
Jags certainly have an odd way of building steam. Claim Trevor is the answer, then promptly put in tons of draft capital & cash on their D side.
I remember when Peyton was with the Colts. I may be wrong, but the only 1st round pick I recall they spent on D was D Freeney (great pick BTW). But I remember WR’s OL, RB’s all going in the 1st to surround Manning. They were fine winning 35-30 games because they were winning!
It’s Baalke. He’s a terrible GM. He should have been shown the door with Myer.
Big gamble on this move. I don’t think JA has the consistency to justify a deal like this but the Jags kind of have to make this deal after his 2023 season.
Allen is a very good player at an expensive position and this is what the market is, but boy oh boy is it cheaper to extend your guys earlier.
Best Josh Allen in football
*second, maybe third best.
The wrong Josh Allen is linked in the story.
I had a strong feeling it would be the wrong Josh Allen.
Cracks me up how players coast until they hit the ‘contract year’ or ‘prove it season’ then ball out for the payday and disappear.
Will this define Allen?
Cracks me up that teams keep paying out when players have a good year, in a contract year. It happens across all sports and it’s mind boggling.
I only follow football and hockey – Canucks paid Pettersson and he’s disappeared. Chargers paid Bosa and he keeps having groin or hamstring or frustration occurrences and spend large parts of the season disappearing.
Yet GMs pay and players continue to con the stupid….integrity is following common sense in vanishing