The Jacksonville Jaguars and quarterback Trevor Lawrence have reportedly reached an agreement on a five-year, $275 million extension, which includes $200 million guaranteed and $142 million at signing, a source with knowledge of the situation confirmed to ESPN's Adam Schefter on Thursday (June 13).
Lawrence's reported extension matches Cincinnati Bengals quarterback Joe Burrow's 2023 extension as the highest-paid deal in NFL history with an average salary of $55 million.
"Jaguars and Trevor Lawrence reached agreement on a five-year, $275 million extension, including $200 million guaranteed - $142 million at signing, per source," Schefter wrote on his X account.
Lawrence, 24, was selected by the Jaguars at No. 1 overall in the 2021 NFL Draft and has led Jacksonville to a 20-30 record in three seasons which included the franchise's first playoff berth and AFC South Division title in five seasons in 2022.
Lawrence enters his fourth NFL season with 11,770 yards, 58 touchdowns and 39 interceptions on 1,116 of 1,750 passing, as well as 964 yards and 11 touchdowns on 205 rushing attempts. The Knoxville native entered the NFL after a decorated collegiate career at Clemson which included winning the 2018 College Football National Championship, being selected as a first-team All-American in 2020, first-team All-ACC in 2019 and 2020, second-team All-ACC in 2018 and winning the CFB National Championship Game Offensive MVP, Archie Griffin Award (2018), ACC Athlete of the Year (2021), ACC Player of the Year (2020), ACC Offensive Player of the Year (2020) and ACC Offensive Rookie of the Year (2018) awards.
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