Sources - Jaguars' Josh Allen agrees to 5-year, $150M deal - ESPN

JACKSONVILLE, Fla. — The Jaguars and pass-rusher Josh Allen reached agreement Wednesday on a five-year, $150 million contract that includes $88 million guaranteed, sources told ESPN's Adam Schefter.

The two-time Pro Bowler had received the franchise tag from the Jaguars and was set to make $24 million in 2024 if he played on that tender.

The Jaguars in March put the franchise tag on Allen, 26, who is coming off the best season of his career with a franchise-record 17.5 sacks, tied for second in the NFL last season.

Josh Allen's new deal has an average salary per year (APY) of $30 million, third highest among all current defensive players.

He ranks sixth in pressures (228) and is tied for 10th in sacks (32) in the NFL over the past three seasons. Allen's 45 sacks are second on the team's career list, trailing leader Tony Brackens by 10 (55).

The Jaguars and Allen had until July 15 to agree to a long-term extension. His deal means only two players leaguewide who were tagged are still without long-term deals — Tampa Bay Buccaneers safety Antoine Winfield and Cincinnati Bengals wide receiver Tee Higgins — and sources told Schefter last month that Higgins had requested a trade.

The Jaguars picked Allen seventh overall in 2019 and he had 10.5 sacks as a rookie playing alongside Calais Campbell (who had the previous single-season franchise record with 14.5 sacks in 2017) and Yannick Ngakoue. A knee injury limited him to eight games in 2020 and he had 7.5 sacks in 2021 and 7.0 in 2022.

Jaguars general manager Trent Baalke did not offer Allen a contract extension after the 2022 season, essentially giving Allen a prove-it season in 2023 while he played on the fifth-year option in his rookie contract. Allen responded with one of