INDIANAPOLIS, INDIANA – NOVEMBER 28: ESPN analyst Adam Schefter on the field in the game between the Pittsburg Steelers and the Indianapolis Colts at Lucas Oil Stadium on November 28, 2022 in Indianapolis, Indiana. (Photo by Justin Casterline/Getty Images) Justin Casterline/Getty Images
Earlier this afternoon ESPN’s Adam Schefter reported the Jacksonville Jaguars re-signed star pass rusher Josh Allen to a five-year, $150 million contract.
It wasn’t long before fellow insider Mike Florio decided to put Schefter on blast for allegedly lying about the total value of the contract. “(It’s not a $150 million contract. It’s not a huge difference at $141.25 million, but why use a number that isn’t the true number?),” Florio said on social media.
Florio wrote a separate post detailing the structure of the contract and revealed how Allen can, in fact, make $150 million:
The base value is $141.25 million, which means an average value of $28.25 million.
The deal pays out $35 million in the first year, $33 million in 2025, $23 million in 2026, $24.75 million in 2027, and $25.5 million in 2028. The back end isn’t puffed up; the Jaguars could decide to keep Allen for the full five years of the contract.
The deal pays out $76.5 million fully guaranteed at signing. The other $11.5 million becomes fully guaranteed in March 2026.
The deal hits $150 million ($30 million per year) only if Allen has 17.5 sacks or more every year, and if he gets to the Pro Bowl or is named first-team All-Pro in every season.
It’s also interesting to note that Florio’s own site – Pro Football Talk – published an article earlier in the morning saying Allen signed a five-year, $150 million deal based on “multiple reports.”
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