Bills announce record extension for Josh Allen
The Bills announced that they agreed to terms on a new six-year extension with Allen. According to ESPN’s Adam Schefter, the deal is worth $258 million with $150 million guaranteed. His new deal will reportedly average $43 million per year.
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ESPN’s Chris Mortensen was the first to break the extension news.
The extension makes him the second-highest average paid player in league history, and his reported guaranteed is the most all-time by almost $9 million, according to Spotrac. Based on the reported compensation, this marks Buffalo’s largest contract since Marcell Dareus’s $96.5 million.
Allen, 25, had a breakout season during the 2020 campaign, despite the ongoing COVID-19 pandemic. He broke single-season franchise records for touchdown passes (37), total touchdowns (46), passing yards (4,544), completions (396), completion percentage (69.2) and 300-yard games (eight).
He finished the season as runner-up to Green Bay’s Aaron Rodgers for MVP honors.