Josh Allen Nfl Salary

Josh Allen Salary Breakdown: A Comprehensive Guide to His NFL Earnings

Contract History and Current Deal

Josh Allen, the Buffalo Bills' star quarterback, has signed several contracts throughout his NFL career. In 2018, he signed a 4-year, $21,443,037 contract with the Bills, including a $13,485,846 signing bonus. In 2021, he signed a 6-year, $258 million extension, with $150 million guaranteed and a fully guaranteed $100 million at signing.

2024 Projected Earnings

In 2024, Allen is set to earn a base salary of $8,625,000, a restructure bonus of $20,875,000, and a workout bonus of $500,000. His cap hit for the 2024 season is projected to be $30,356,281.

Six-Year Extension Overview

Allen's six-year extension, which officially begins in 2023, guarantees him up to $258 million. He received a signing bonus of $165 million and has a $150 million injury guarantee. The full guarantee includes Allen's 2021, 2022, and 2023 base salaries, a $6 million roster bonus due in 2024, a $16.46 million signing bonus, and a 2022 option.

Cap Impact and Salary Cap Figures

Allen's salary cap figure is $18.6 million in 2023, rising to $47 million in 2024 and $56 million in 2025. Here is a breakdown of his salary cap numbers over the life of his current contract: * 2023: $18.6 million * 2024: $47 million * 2025: $56 million * 2026: $51 million * 2027: $46 million * 2028: $39 million

Franchise Tag Value

If the Jacksonville Jaguars were to franchise tag Allen in 2024, it would cost them approximately $22,102,000 unless they reach an extension before the deadline.

Career Earnings and Net Worth

Allen's career earnings to date exceed $46.9 million. His current net worth is estimated to be around $14 million, but is projected to increase significantly due to his lucrative contract extension.