Trevor Lawrence contract details Jaguars sign former No. 1 pick to five-year 275 million extension

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Trevor Lawrence will continue repping the Jaguars threads for the foreseeable future.Jacksonville signed their former No. 1 pick to a five-year Jimmie Ward Jersey , $275 million contract extension on Thursday, according to NFL Network's . The have reached a deal with their star QB Trevor Lawrence. Sources says they are giving the former No. 1 pick a 5-year extension worth $275M $55M a year with $200M guaranteed and $142M fully.Lawrences agent Jay Courie of did the deal. Ian Rapoport (@RapSheet) Lawrence lead the Jaguars to an AFC South division title in 2022, sending Jacksonville to the playoffs for just the second time since 2007. Jalen Hurd Jersey He's thrown back-to-back 4,000-yard seasons with at least 21 touchdowns and a 65-percent completion rate.The new deal comes prior to Lawrence's fourth NFL season. Here's the latest on Lawrence's contract extension.Years:5Value:$275 millionAAV:$55 millionLawrence signed a five-year, $275 million contract extension with the Jaguars on Thursday, per Rapoport. His deal kicks in during the 2025 season since he still has one year NFL San Francisco 49ers Jersey remaining on his rookie contract. He'll get .The former No. 1 overall pick will make $55 million per season from 2025-29. He'll be a free agent in early 2030.Because this doesn't kick in during the 2024 season, Lawrence isn't considered a top-paid quarterback just yet. He's currently on a four-year, $36.8 million rookie San Francisco 49ers Jersey contract, per .Had Lawrence's extension kicked in for the 2024 season, he would be tied with Joe Burrow for the highest-paid quarterback in the NFL. That said, the 2021 No. 1 pick is not listed in the top 10 for the upcoming season.RankPlayerAAV1Joe Burrow$55 million2Jared Goff$53 million3Patrick Mahomes$52.65 million4Justin Herbert$52.5 million5Lamar Jackson$52 million6Jalen Hurts$51 million7Kyler Murray$46.1 million8Deshaun Watson$46 million9Kirk Cousins$45 million10Josh Allen$43 millionRankPlayerGuarantees1Deshaun Watson$230 million2Joe Burrow$219million3Justin Herbert$218.7 million4Patrick Mahomes$210.6 million5Trevor Lawrence$200 million6Lamar Jackson$185 million7Jalen Hurts$179.3 million8Jared Goff Mitch Wishnowsky Jersey $170 million9Kyler Murray$159.8 million10Josh Allen$150 million