The Buffalo Bills finally have their franchise quarterback, & Josh Allen now has a franchise contract that will make him a very wealthy 25-year-old NFL quarterback. The contract, according to Adam Schefter, is a six-year deal worth $258 million with $150 million of that guaranteed. Again, that’s over six years. Quick math: that’s $43 million a season no matter how you slice it
As Chris Mortensen tweeted Friday, we’re talking “significant” money here for a guy entering his fourth year in the league and the owner of a 28-15 career record. It’s so significant that it’s the most guaranteed money in NFL history. It’s also the largest contract in Bills history by $161 million, according to Spotrac. The previous franchise record-high contract was a $96.5 million deal signed by Marcel Dareus.
With this new $43 million contract, Allen is now the second-highest paid quarterback behind Patrick Mahomes, who has an average annual salary of $45 million. Dak Prescott’s annual salary is $40 million while Deshaun Watson ($39M) and Matt Ryan ($30 million) round out the highest annual salaries at the quarterback position.
What a ride it has been for Allen who started his college football career at Reedley, a junior college where he played the 2014 season, starting six games. At the end of the year, he sent out a feeler email across the FBS level and received interest from Eastern Michigan and Wyoming. EMU withdrew its offer after Allen visited Wyoming and that was the end of his DI college search.
The rest is history, and now you have to figure Allen will one day write a very nice check to Wyoming for taking a chance on him when nobody else would.