Jaguars, Trevor Lawrence Agree On Five-Year, $275 Million Extension

The Jacksonville Jaguars and quarterback Trevor Lawrence agreed on a five-year, $275 million contract extension on Thursday, which includes $200 million guaranteed ($142 million at signing), according to a source. The $55 million average salary in Lawrence's deal ties him with Cincinnati Bengals QB Joe Burrow for the top mark in that category in the NFL. The 24-year-old former first overall pick in 2021 out of Clemson made his first Pro Bowl in his second season in 2022 and has had back-to-back 4,000-yard seasons, although Lawrence and the Jaguars offense struggled down the stretch last year as he battled through injuries. Overall, his 2023 campaign was a step back after he finished as the QB7 in fantasy the year prior. Lawrence lost Calvin Ridley but gained rookie Brian Thomas and Gabe Davis and has plenty of targets, but he's best drafted as a QB2 with upside in fantasy.