Josh Allen gets record contract extension $330 million

[Doc Brown]

1 hour ago, BullBuchanan said:

Cool, glad it's finally being acknowledged after nearly 10 pages of people claiming otherwise.

Agreed. I want Allen to be our QB for the rest of his career, I just would have expected a proper extension. Isn't the whole point of a long term contract that ideally you start to reap the rewards of inflation on the back half of as money gets cheaper? If you're not getting that benefit what's the point? Would have made more sense to me to give him a 4-6 year extension at something life $65m/yr that takes him near the end of his career. Now we're paying him more this year and we have to do it all over again in 4-5 years.

It's a lot simpler just to rip the contract up and do another one.  The fact that he's making less about four million per year than Dak makes this a home town discount.  He could've said $65m/year with $300m guaranteed or I'm requesting a trade.  Mahomes basically did the same thing but they had to make it more complicated because that organization does everything in the most nauseating way possible.  He's basically on year 2 of 4 of a fully guaranteed $210.6m contract at $52.7m per year.  Even more team friendly considering he's the best in the NFL.

Edited yesterday at 07:21 AM by Doc Brown

[Scott7975]

But but but he is going to force his way off the team!

[BullBuchanan]

1 hour ago, Doc Brown said:

It's a lot simpler just to rip the contract up and do another one.  The fact that he's making less about four million per year than Dak makes this a home town discount.  He could've said $65m/year with $300m guaranteed or I'm requesting a trade.  Mahomes basically did the same thing but they had to make it more complicated because that organization does everything in the most nauseating way possible.  He's basically on year 2 of a fully guaranteed $210.6m per year contract at $52.7m per year.  Even more team friendly considering he's the best in the NFL.

The Mahomes contract actually makes a ton of sense to me. They signed a 10 year deal and locked him up the rest of his career at the QB money from 4 years ago and the restructuring is going to give them a 2020 cap hit in 2028. If they did that with Allen, I'd be all for it. I just want to see moves that give the team advantages to get better

It seems like we're still over the cap, and with our current roster, we haven't talented enough to win. I don't love that combo. Of course they'll get under, but it seems like we passed on the marque additions at WR and DE. That makes me think they disagree with the notion that they need an infusion of talent, and instead they believe their lack of postseason success is a fixable problem with the talent currently on the roster. To me that's very, very concerning.

[Doc Brown]

12 minutes ago, BullBuchanan said:

The Mahomes contract actually makes a ton of sense to me. They signed a 10 year deal and locked him up the rest of his career at the QB money from 4 years ago and the restructuring is going to give them a 2020 cap hit in 2028. If they did that with Allen, I'd be all for it. I just want to see moves that give the team advantages to get better

It seems like we're still over the cap, and with our current roster, we haven't talented enough to win. I don't love that combo. Of course they'll get under, but it seems like we passed on the marque additions at WR and DE. That makes me think they disagree with the notion that they need an infusion of talent, and instead they believe their lack of postseason success is a fixable problem with the talent currently on the roster. To me that's very, very concerning.

We're definitely cap compliant now with cutting Von and giving Josh a new contract.  At least $20m under I'm guessing.  I definitely agree with the bolded though.  We could've had Metcalf for a fricken 2nd and a 4th pry giving Allen a borderline elite #1 outside WR for the next five years.  It was a rare opportunity and Beane blew it.  Plain and simple.

 

Edit:  My point still stands about the Chiefs though.  Doing cap gymnastics to make it seem like he's vastly underpaid at $45m per year because he takes less to win more like Brady simply isn't true.  God I hate everything about that team.

Edited yesterday at 07:31 AM by Doc Brown

[Dan Darragh]

Great, now we have the cap space to go get DK or Davante!

 

Wait.  What??

[Dan Darragh]

7 hours ago, Toledo Bill said:

Ralph is cheap... but Pegula is not!

I remember when the news broke that Ralph had signed Joe Cribbs to a unique contract paying him $250 per rushing yard.  Except that Ralph came out and said that's not true, it's $25 per rushing yard.

[Matt_In_NH]

4 hours ago, BullBuchanan said:

Cool, glad it's finally being acknowledged after nearly 10 pages of people claiming otherwise.

Agreed. I want Allen to be our QB for the rest of his career, I just would have expected a proper extension. Isn't the whole point of a long term contract that ideally you start to reap the rewards of inflation on the back half of as money gets cheaper? If you're not getting that benefit what's the point? Would have made more sense to me to give him a 4-6 year extension at something life $65m/yr that takes him near the end of his career. Now we're paying him more this year and we have to do it all over again in 4-5 years.

It always depends.  There are different reasons for an extension or new contract.  In this case he deserved a raise now and is getting it.  The point is you make his contract more in line with others which helps keep him in Buffalo and at the same time you free up space now.  It is also team friendly when you look at the Dak deal…others also.   Diggs got rises nearly every year.  Other guys get extensions. 
 

Do you feel he should have been forced to complete the previous deal? Cause that was never gonna happen. 

Edited yesterday at 09:54 AM by Matt_In_NH

[Alphadawg7]

 

LFG!!!!!

[Doc Brown]

Bill Barnwell did a decent write up on Allen's contract showing how much of a team friendly deal this really is.  Tidbits....

 

In return, Allen has clearly taken a smaller salary than his performance and the quarterback market would suggest. At six years and $330 million, his new deal will average $55 million per season. That's below the top of the market, where Dak Prescott's $60 million average resides after his deal with the Cowboys last September.

 

Allen's $55 million average ties him for the league's second-largest figure with Joe Burrow, Jordan Love and Trevor Lawrence. The difference is that those players signed their contracts in smaller cap environments. Burrow's deal came in 2023, when the cap was at $224.8 million. Love and Lawrence signed in 2024, with the cap then up to $255.4 million. The cap is now at $279.2 million in 2025, meaning it has risen by nearly 24% between the time Burrow signed his pact and Allen inked his.

 

Put another way, that $55 million represents 19.7% of the current cap. That figure ranks 13th among active quarterbacks on multiyear veteran deals in terms of extension average annual value. It's closer to Derek Carr (who signed for 16.7% of the cap as a free agent) than Prescott (23.5%). Allen could have credibly asked for $70 million a year on a new deal. He could have waited two more years and signed for even more, albeit while making less over that time frame.

 

Tom Brady (and Drew Brees, to a lesser extent toward the end of his career) was renowned for taking less money than the top of the market for most of his career to allow the Patriots to help build a winner around him. Though there's some truth to that statement, it was mostly over a four-year span late in his career, with the Patriots using some creative accounting to help keep his cap hits low at other points. Allen is doing this much earlier in his career than Brady.

Edited yesterday at 10:20 AM by Doc Brown

[Bockeye]

And there sits Cook, doing anything but taking a hometown discount.  Maybe he follows Allens lead?  Yeah, probably not. 

[SoonerBillsFan]

5 hours ago, Scott7975 said:

But but but he is going to force his way off the team!

And move to LA!!!

[Chandler#81]

Congratulations 17! You deserve it! Acknowledging the few snot-nosed teeny boppers here, if we don’t/can’t win a Vince Lombardi trophy with JA17, we most likely won’t ever win it. Certainly not for everyone here 40+. Should Josh retire without bringing a Lombardi to us, just forget about it and take up another hobby. Good luck getting anything back from the massive investment of the new stadium, cuz Pegula will sell the team in the follow up to Allen’s retirement. There. I said it.

[SoonerBillsFan]

One aspect possibly overlooked is his future wife was ok with this.  We all know Josh is about family, and you can bet he included her in the discussion.so thank you future Mrs. Allen 😁

7 hours ago, Shaw66 said:

Hard to feel a lot of urgency when you had a top 10 offense second in scoring.  

 

Buy defense.

@Shaw66 again the voice of reason.  

[SoonerBillsFan]

8 hours ago, transplantbillsfan said:

I just went from six to midnight 

I prefer 25 or 6 to 4.  

[BuffaloBill]

1 hour ago, Doc Brown said:

Bill Barnwell did a decent write up on Allen's contract showing how much of a team friendly deal this really is.  Tidbits....

 

In return, Allen has clearly taken a smaller salary than his performance and the quarterback market would suggest. At six years and $330 million, his new deal will average $55 million per season. That's below the top of the market, where Dak Prescott's $60 million average resides after his deal with the Cowboys last September.

 

Allen's $55 million average ties him for the league's second-largest figure with Joe Burrow, Jordan Love and Trevor Lawrence. The difference is that those players signed their contracts in smaller cap environments. Burrow's deal came in 2023, when the cap was at $224.8 million. Love and Lawrence signed in 2024, with the cap then up to $255.4 million. The cap is now at $279.2 million in 2025, meaning it has risen by nearly 24% between the time Burrow signed his pact and Allen inked his.

 

Put another way, that $55 million represents 19.7% of the current cap. That figure ranks 13th among active quarterbacks on multiyear veteran deals in terms of extension average annual value. It's closer to Derek Carr (who signed for 16.7% of the cap as a free agent) than Prescott (23.5%). Allen could have credibly asked for $70 million a year on a new deal. He could have waited two more years and signed for even more, albeit while making less over that time frame.

 

Tom Brady (and Drew Brees, to a lesser extent toward the end of his career) was renowned for taking less money than the top of the market for most of his career to allow the Patriots to help build a winner around him. Though there's some truth to that statement, it was mostly over a four-year span late in his career, with the Patriots using some creative accounting to help keep his cap hits low at other points. Allen is doing this much earlier in his career than Brady.

 

 

This shows JA is serious about wanting to win in Buffalo. JA could have demanded more and rightfully so. It’s also healthy to show other players associated with Buffalo that the organization wants to win.  If the Bills can fix their D line without breaking the bank this team will be exceptionally formidable for time to come.

[HOUSE]

Hailee is going to love this new deal

 

 

 

 

 

 

 

 

 

 

 

[Casey D]

Just now, HOUSE said:

Hailee is going to love this new deal

 

 

 

Yeah, like she needs the money. 😀

 

 

 

 

 

 

 

 

[Gregg]

1 minute ago, HOUSE said:

Hailee is going to love this new deal

 

 

 

 

 

 

 

 

 

 

 

 

I have one word for Josh. PRENUP. 

[DrDawkinstein]

1 hour ago, Bockeye said:

And there sits Cook, doing anything but taking a hometown discount.  Maybe he follows Allens lead?  Yeah, probably not. 

 

Josh Allen has already made, as of today, over $174M. Plus, likely another $50-100M in endorsement deals. So he is currently sitting on over a quarter billion dollars. 

 

He just signed another contract which will pay him an additional $330M. And still has the earning power as a face-of-the-league QB to earn millions in endorsement deals the rest of his life. He'll likely be paid close to $1Billion by the time he is 40.

 

James Cook has made $4M, and has ONE shot at a big contract to live off of the rest of his life (and any generational money to pass down). At an average of 3-4 years for extensions, he's trying to get a $45M total deal.

 

Josh earns more in 1 year than Cook will earn in his entire career.

 

It makes sense one is giving a "discount" to "only" $55M/year, while the other is working any angle he can to earn that amount spread out across his entire career(life).

 

 

Edited yesterday at 12:26 PM by DrDawkinstein

[chongli]

13 hours ago, BillsFan130 said:

I would say Reid Ferguson is

 

Most underrated joke of the year here on TBD!! 🍺

Edited yesterday at 03:25 PM by chongli