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Jaguars sign Lawrence to 5-year extension worth reported $275M

Wesley Hitt / Getty Images Sport / Getty

The Jacksonville Jaguars signed quarterback Trevor Lawrence to a five-year extension, the team announced Friday.

Lawrence will earn $275 million as part of the deal, which also includes $200 million guaranteed, sources told NFL Network's Ian Rapoport. His $55-million average annual value ties Cincinnati Bengals quarterback Joe Burrow for the most in NFL history, per Over the Cap.

Lawrence played in 16 games last season, throwing for 4,016 yards and 21 touchdowns against 14 picks. He also ran for 339 yards and four more scores.

The 24-year-old's best season came in 2022 when he started all 17 games and led the Jaguars to a playoff win over the Los Angeles Chargers. He made the Pro Bowl on the back of 4,113 yards, 25 touchdowns, and eight interceptions that year, all career bests.

Jacksonville owns a 20-30 record with Lawrence as its starter, including an 8-8 mark in 2023. Both the team and the Clemson product struggled as a rookie under then-head coach Urban Meyer, but the club has since posted consecutive winning seasons.

Lawrence joins Detroit Lions signal-caller Jared Goff in signing massive extensions this offseason. Dallas Cowboys quarterback Dak Prescott, Miami Dolphins passer Tua Tagovailoa, and Green Bay Packers starter Jordan Love are among the quarterbacks in line to sign new deals with their respective teams.

Lawrence has thrown for 11,770 yards, 58 touchdowns, and 39 interceptions since he was selected with the No. 1 pick in the 2021 NFL Draft.

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