The Buffalo Bills’ starting quarterback signed a six-year, $258 million contract extension on top of the remaining two years on his rookie contract.
In that case, the reigning AFC East champions will have the former University of Wyoming gunslinger throughout his prime years.
Allen’s contract boils down to around $43 million annually and includes a $16.5 million signing bonus.
However, only $100 million will be guaranteed by the time of signing, and the remaining money can be his by meeting certain performance milestones.
Those additional incentives can bump up his guaranteed money north of $150 million.
It was a no-brainer for the Bills to give Allen a sizable extension.
After all, he’s one of the best young quarterbacks in the league.
Hands down, he deserves this deal due to his achievements on the field.
Here’s how Josh Allen received a mega extension.
3. His Stock Is Trending Up
Accuracy was the biggest knock against Allen’s game.
He had the size and the arm strength, but couldn’t drop a dime to his receivers consistently.
The numbers dictate that he worked his way up in that department alone.
His completion percentage went up from 52.8 percent in his rookie year to 58.8 percent in 2019.
In year three, he connected on 69.1 percent of his passes.
Josh Allen giving young Bills fans some memories they won’t forget anyone soon. He walked all the way around the field doing this pic.twitter.com/loE9XZd6ub
— Josh Reed (@4JoshReed) August 7, 2021
During last year’s playoffs alone, his completion rate was at 64.1 percent.
Consequently, his passing yards and touchdowns went up.
From 10 touchdown passes in 2018, Allen converted 20 and 37 in the next two years, respectively.
Meanwhile, his passing yards went from 2,074 to 3,089 and 4,544.
Ironically, his rushing yards diminished from 631 in his rookie year to 510 and 421 in the next two seasons.
Undeniably, the threat of him as a scrambler is still there.
But he is reinventing himself as a deadly passer and his digits speak for a successful transition.
2. The Bills Are Winning, Too
It’s not just Allen who is reaping the rewards of success.
With him at the helm, the Bills have become a strong contender in the AFC.
Head coach Sean McDermott and offensive coordinator Brian Daboll did a fantastic job in shaping Allen into a premier quarterback.
#BillsMafia HC Sean Mcdermott on how tough it is to draft, sign and develop franchise players like QB Josh Allen.
— PressBreak Sports (@PressBreakSport) August 7, 2021
Their potent passing attack enabled the Bills to win 13 games in the regular season and clinch their first division title since 1995.
Buffalo made it all the way to the AFC Championship Game but lost to the Kansas City Chiefs, 38-24.
However, the loss is an indication of great things to come for the organization.
They will continue to contend for championships with Allen under center.
1. Collecting Individual Records And Accolades
Allen made his first Pro Bowl last season.
He was also named the Most Improved Player for 2020 by the Pro Football Writers Association.
His 4,544 passing yards and 37 passing touchdowns last year are also the highest single-season mark in Bills history.
"Anything that we think would affect him or affect the locker room we do try & communicate that to him knowing he is our franchise guy"
— Pat McAfee (@PatMcAfeeShow) August 11, 2021
Allen also became the first NFL quarterback to have at least 375 passing yards, at least three touchdown passes, at least a 130 quarterback rating, and zero interceptions in multiple games during one season.
With achievements like these, giving Allen a massive contract was a foregone conclusion.