Josh Allen's Massive New Contract: A Breakdown
A Look at the Lucrative Six-Year Deal Signed by the Buffalo Bills Quarterback
Key Salary Figures and Incentive Structure
Josh Allen, one of the NFL's top quarterbacks, has inked a massive six-year extension with the Buffalo Bills. The deal, which tops out at $258 million with $150 million guaranteed, puts Allen among the highest-paid players in the league.
In 2024, Allen's base salary will be a whopping $8,625,000, with a restructure bonus of $20,875,000 and a workout bonus of $500,000. His cap hit will be $30,356,281, while his dead cap value is a staggering $113,152,843.
In addition to his hefty salaries, Allen is also eligible for a range of incentives based on performance. From 2023 to 2028, he can earn up to an additional $30 million each season by meeting specific criteria, such as passing yards, touchdowns, and Pro Bowl selections.
Allen's salary cap figure is a significant $186 million in 2023, rising to $47 million in 2024 and $56 million in 2025. The Bills will be banking on Allen to continue his stellar play and lead them to Super Bowl glory.
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