Josh Allen is playing on a six-year contract worth $258 million.
Josh Allen, a quarterback for the Buffalo Bills, was selected at the 2018 NFL Draft as the #7 overall pick. Allen, a native of Firebaugh, California finished his secondary education at Firebaugh High School. However, after not receiving a single scholarship offer from any FBS or FCS program, Allen committed to Reedley College but transferred to the University of Wyoming a year later. After playing three years at Wyoming, he declared for the 2018 draft. The two-time Pro Bowler was named to the Second-team All-MWC in 2016 when he threw for 3,203 yards (career high in college).
After entering the NFL in 2018, Allen was given the reigns of the Bills franchise since the second week of his rookie season. He finished the year with a 5-6 record while passing for over 2k yards. After taking the Bills to the postseason in the following year, Allen had a breakout year in 2020, where for the first time he passed for over 4k yards (4,544 to be exact) and threw for 37 passing touchdowns (both career-high). He has passed over 4k yards in every season since then. Apart from the first two seasons, Allen has never failed to pile up over 40 total touchdowns per season in his career (as of November 2024). Through the first eleven weeks of the 2024 NFL season, Allen has led the Bills to a 9-2 record.
Josh Allen Contract Breakdown
Josh Allen signed a 6-year $258 million contract extension with the Buffalo Bills in August 2021. Here is a breakdown of Josh Allen’s six-year deal with the Bills (via Spotrac):
| 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 |
The details of the contract are provided below:
| Year | Base Salary | Signing Proration | Restructure Proration | Roster Bonus | Option Proration | Cap Hit | Dead Cap | Yearly Cash |
| 2021 | $920,000 | $6,663,742 | $10,202,338 | $103,410,057 | $20,000,001 | |||
| 2022 | $4,100,000 | $3,292,281 | $8,480,000 | $16,372,281 | $93,661,405 | $47,000,000 | ||
| 2023 | $1,080,000 | $3,292,281 | $5,284,000 | $8,480,000 | $18,636,281 | $117,789,124 | $28,000,000 | |
| 2024 | $1,125,000 | $4,292,281 | $15,959,000 | $8,480,000 | $30,356,281 | $127,160,562 | $60,000,000 | |
| 2025 | $14,000,000 | $4,292,281 | $15,959,000 | $8,480,000 | $43,231,281 | $96,804,281 | $14,500,000 | |
| 2026 | $22,500,000 | $1,000,000 | $15,959,000 | $15,000,000 | $8,480,000 | $63,939,000 | $54,073,000 | $38,500,000 |
| 2027 | $14,000,000 | $1,000,000 | $15,959,000 | $25,000,000 | $56,959,000 | $28,634,000 | $40,000,000 | |
| 2028 | $10,554,595 | $1,000,000 | $10,675,000 | $25,000,000 | $48,229,595 | $11,675,000 | $36,554,595 |
How much is Josh Allen getting paid?
In 2024, Allen is set to earn a base salary of $1.1 million with a signing proration of $4.2 million. The contract amounts for 2024 to carry a cap hit of $30.3 million and a dead cap value of $127.1 million. As per the terms of Josh Allen’s contract with the Buffalo Bills, he has an average annual salary of $43 million (via Spotrac).
How much money does Josh Allen make a minute?
Josh Allen has a huge contract deal with the Bills, worth $258 million over 6 years. If it is broken down to a per-minute earning, then Allen makes around $82 per minute.
How much of Josh Allen’s Contract is guaranteed?
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?
Allen's contract is loaded with terms, and they are as follows, as per Spotrac:
- $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 guaranteed 3/19/2023
- $14 million 2025 salary fully guaranteed 3/17/24
- 2022 Option Bonus: $42.4M (must be exercised 3/16 - 3/20)
- 2024 Roster Bonus: $6M (fully guarantees 8/11/2021, due 3/17/2024)
- 2025 Roster Bonus: $25M (converted to 2024 signing bonus)
- 2026 Roster Bonus: $15M (5th league day of 2026, fully guarantees the 5th league day of 2025)
- 2027 Roster Bonus: $25M (5th league day of 2027, fully guarantees the 5th league day of 2026)
- 2028 Roster Bonus: $25M (5th league day of 2028)
- 2022-2025 Workout Bonus: $500,000
- 2026-2028 Workout Bonus: $1M
- 2024-2028: Full No Trade Clause
- $37.5M of 2024 compensation is insured
- 2025 Escalators 60% Regular Season snaps + 2024 #1 AFC Seed: $2.5M60% Regular Season Snaps + 2024 AFC Championship Win: $2.5M60% Regular Season Snaps + 2024-25 Super Bowl Win: $5M
- Annual Incentives60% Regular Season Snaps + AFC Championship Win: $1M60% Regular Season Snaps + Super Bowl Win: $2.5MNFL MVP: $1.5M
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. His six-year extension began 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 Super Bowls. He will also receive an annual $500,000 workout bonus from 2022 to 2025 and $1 million from 2026 to 2028 (via Spotrac).
Josh Allen’s Career Earnings
According to Spotrac, Allen has earned $173 million in his career as of November 2024.
Josh Allen's Contract History
Josh Allen has signed only one contract before signing his 6-year contract extension. His first and only contract was the 4-year rookie deal he signed in 2018 with the Buffalo Bills.
| Year | Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
| 2018 - 2022 | 4 yr(s) / $21,443,037 | $13,485,846 | $5,360,759 | $21,443,037 | $21,443,037 |
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FAQ's on Josh Allen
A. Josh Allen doesn't have any kids as of 2024.
A. Josh Allen has a twin brother named Jason Allen.
A. Josh Allen has not won a Super Bowl as of 2024.
