Buffalo Bills quarterback Josh Allen joined the Buffalo Bills by signing a four-year rookie contract worth $21 million. Allen signed a six-year contract extension with the Buffalo Bills worth $258 million, making him one of the highest-paid players in the NFL. The contract keeps him with the Bills till 2024 with the option of extending it till the 2026 season. He received a signing bonus of $16.5 million with a guarantee of $150 million by the end of his contract. Allens’ average annual salary is $43 million with a workout bonus of $500,000. The cap hit is valued at $16.37 million while the dead cap value is $93.16 million. Josh Allen’s current net worth is approximately $14 million and it will rise exponentially by the end of his current contract.
Josh Allen Contract Breakdown
Here is a breakdown of Josh Allen’s current six-year deal with the Buffalo Bills:
| Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
| 6 yr(s) / $258,034,000 | $16,500,000 | $43,005,667 | $100,038,596 | $150,000,000 |
| Year | Base Salary | Signing Bonus | Roster Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2021 | $920,000 | $6,671,461 | $2,618,596 | $10,210,057 | $103,410,057 | $20,038,596 ($20,038,596) |
| 2022 | $4,100,000 | $3,300,000 | - | $16,372,281 | $93,161,405 | $46,961,405 ($67,000,001) |
| 2023 | $27,500,000 | $3,300,000 | - | $39,772,281 | $77,289,124 | $28,000,000 ($95,000,001) |
| 2024 | $23,500,000 | $3,300,000 | $6,000,000 | $41,772,281 | $38,016,843 | $30,000,000 ($125,000,001) |
| 2025 | $14,000,000 | $3,300,000 | $25,000,000 | $51,772,281 | $20,244,562 | $39,500,000 ($164,500,001) |
POTENTIAL OUT: 2026, 5 YR, $164,500,001; $8,472,281 DEAD CAP
| 2026 | $22,500,000 | $15,500,000 | $46,972,281 | $8,472,281 | $38,500,000 ($203,000,001) | |
| 2027 | $14,000,000 | $25,000,000 | $40,000,000 | $40,000,000 ($243,000,001) | ||
| 2028 | $15,550,000 | $25,000,000 | $41,550,000 | $41,550,000 ($284,550,001) |
How much is Josh Allen getting paid?
Josh Allen is one of the highest-paid quarterbacks in the NFL. In 2022 he is set to earn $46,961,405, with his average salary being $43 million.
How much money does Josh Allen make a minute?
Josh Allen has a huge contract deal with the Bills, worth $258 million over a 6 year period. If it is broken down to a per minute earning, then Allen makes an unbelievable amount. Josh Allen is currently earning $81.81 per minute.
How much of Josh Allen’s Contract is guaranteed?
A guaranteed sum in an NFL contract is a clause that guarantees a player a certain sum even if they are either injured or cannot play due to a decrease in skill. The guaranteed money is also an assured sum in case a team tries to not pay a player due to salary cap concerns.
As per Allen’s contract with the Bills, he is guaranteed a sum of $150,000,000 and can opt out of the contract if the guarantees are not fulfilled.
What are the terms of Josh Allen’s Contract?
- $100M guaranteed at signing (signing bonus + 2021 salary + 2021 roster bonus + 2022 salary + 2022 option bonus + 2023 salary + 2024 roster bonus)
- $10M of 2024 salary fully guarantees on the 5th league day of 2022
- Additional $13.5M of 2024 salary fully guarantees on the 5th league day of 2023
- $10.5M of 2025 salary fully guarantees on the 5th league day of 2024
- 2022 Option Bonus: $42.4M (must be exercised 3/16 - 3/20)
- 2024 Roster Bonus: $6M (fully guarantees 8/11/2021)
- 2025 Roster Bonus: $25M ($16.5M fully guarantees on the 5th league day of 2023, paid 5th league day of 2025)
- 2026 Roster Bonus: $15M (5th league day of 2026)
- 2027 Roster Bonus: $25M (5th league day of 2027)
- 2028 Roster Bonus: $25M (5th league day of 2028)
- 2022-2025 Workout Bonus: $500,000
- 2026-2028 Workout Bonus: $1M
- $30M of additional incentives based on production/winning
Allen signed his contract with the Bills which is slated to keep him with the Bills for six seasons. He signed the contract with a guaranteed $100 million at signing. The Bill’s activated a fifth-year option for Allen’s rookie contract with 2022 being his fifth year. His six-year extension begins in 2023. He has provisions for roster bonuses which he will earn if he is part of the roster on the stipulated days in the contract, each year. His roster bonus will massively increase from 2025 with him earning $25 million or $15 million in each of his final four years. He can also receive additional incentives ($30 million) if he performs well or helps the Bills win titles. He will also receive an annual $500,000 workout bonus from 2022 to 2025 and $1 million from 2026 to 2028.
