Jacksonville Jaguars quarterback Trevor Lawrence has signed a five-year contract extension worth a reported $275m (£216m), making him one of the highest-earning quarterbacks in the league, alongside Joe Burrow of the Cincinnati Bengals. The deal is worth $55 million (£43m) per year with $200 million (£157m) guaranteed. Lawrence, who was the number one overall pick in the 2021 NFL Draft, would have played the 2024 season for $5.6 million (£4.4m) on a rookie deal if a long-term agreement had not been reached.
In the 2023 season, Lawrence threw for 4,016 yards, 21 touchdowns, and 14 interceptions. Despite his impressive performance, the Jaguars missed out on the playoffs. Lawrence expressed his desire to have the contract extension completed before the start of the team’s training camp, as he has been a key player since his NFL debut in 2021.
The decision to invest in Lawrence’s future comes as no surprise, as he has shown moments of elite talent and skill on the field. His memorable comeback victory against the Los Angeles Chargers in 2022 demonstrated his ability to lead the team to success. Under the guidance of head coach Doug Pederson, a former quarterback himself, Lawrence is poised to have a breakout season and potentially lead Jacksonville back to Super Bowl contention.