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Lawrence signs rookie contract reportedly worth $36.8M

James Gilbert / Getty Images Sport / Getty

No. 1 pick Trevor Lawrence signed his four-year rookie contract with the Jacksonville Jaguars, the team announced Monday.

The quarterback's deal is worth $36.8 million and includes $24.1 million in guaranteed money, a source told ESPN's Adam Schefter. The pact also contains the standard fifth-year option for first-round selections.

Lawrence was the consensus top selection in this year's draft following a standout career at Clemson. He led the Tigers to a national championship at the end of the 2018 season and was the Heisman Trophy runner-up in 2020.

He threw for 3,153 passing yards and 24 touchdowns against five interceptions last season, adding eight scores on the ground.

The 21-year-old has been limited in offseason activities after undergoing surgery on his non-throwing shoulder in February. The signal-caller has also been dealing with a minor hamstring injury.

Jaguars head coach Urban Meyer said the team was being cautious with their young starter during minicamps in order to have him ready to go by training camp in late July.

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