The Jacksonville Jaguars and running back Josh Allen have reached an agreement to turn their franchise into a five-year contract. Contract details include a $32 million signing bonus and fully guaranteed base salaries for each year of the contract. In addition, there are offseason workout bonuses, roster bonuses and annual incentives based on sack totals and Pro Bowl/All-Pro honors.
The contract overview includes a fully guaranteed base value of $141.25 million, with an average annual value of $28.25 million. The contract pays different amounts each year, with the highest salaries in the first and last year of the contract. If Allen meets certain performance benchmarks, such as reaching a certain number of sacks or earning Pro Bowl/All-Pro honors, the contract could reach a maximum value of $150 million.
The contract structure is similar to that given to another pass rusher, Brian Burns of the New York Giants. While Allen’s base year average slightly beats Burns’, his incentives are slightly higher. Both players have the opportunity to earn additional money based on their performance on the field. Overall, the deal offers a combination of guaranteed money and potential incentives for Allen over the next five years.
