Josh Allen made headlines at the start of free agency. The Buffalo Bills quarterback signed a major contract extension, elevating his yearly average to $55 million per season and a total of $330 million.Allen, one of the league's elite quarterbacks, did not follow the trend of quarterbacks becoming the highest-paid player in the position as his new contract is reportedly worth $55 million (per Spotrac). The highest paid player is still Dallas Cowboys quarterback Dak Prescott, who has a four-year, $240 million contract, averaging $60 million per season.On Wednesday, the Bills hosted a press conference with the quarterback to discuss his recent extension. Allen also explained why he did not push to surpass Prescott when asked by a reporter."It didn't seem like from my perspective I was taking a whole lot less. But the way I make sense of it, when you start getting these fairly big numbers throughout the entire league ... It's weird to say this ... but what is five [million dollars] more going to do for my life that I can't already do right now? It's not that crazy to me. I live a pretty good life. Got a house, got a car. We're good," Josh Allen said.Allen went on to say that he did not want to earn every dollar and create a salary cap problem for the franchise. He highlighted how negotiations for the extension were calm and easy to navigate.The quarterback has $250 million guaranteed on his new deal, which will run from 2025 to 2030. He'll hold a cap hit of $44.7 million in 2025 in Buffalo's salary cap. Further details from the extension are still to be revealed.Allen now has the second-highest average yearly salary in the leagueOnly Prescott has a bigger average with $60 million. However, three other quarterbacks have the same average: Joe Burrow (Cincinnati Bengals), Trevor Lawrence (Jacksonville Jaguars) and Jordan Love (Green Bay Packers).There are 10 quarterbacks in the NFL whose average per year in their contracts is over $50 million. Patrick Mahomes, the superstar quarterback from the Kansas City Chiefs, has an average of $45 million per year.