Quarterback Carousel 2029 [Josh Allen Contact Extension Thread]

[Ann]

2021 NFL season: 12 players on rookie deals whose teams should never let them go
 

When Josh Allen was drafted in 2018, he was viewed as a relatively raw prospect with question marks -- and now it's easy to see him quarterbacking the Buffalo Bills for the rest of his career.
 

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1. Josh Allen
 

Drafted: Round 1 (No. 7 overall) in 2018. Under contract through: 2022. Age: 25.

Allen was perhaps the NFL's most improved player in 2020, making huge leaps across the board, including in completion percentage (from 58.8 in 2019 to 69.2), passing yards (from 3,089 to 4,544), passing TDs (from 20 to 37) and yards per attempt (from 6.7 to 7.9), while pushing Buffalo to the AFC title game. The Bills reportedly restructured receiver Stefon Diggs' contract, clearing roughly $8 million in cap space, and while it might be tempting to use those funds to acquire, say, Eagles tight end Zach Ertz or add depth by signing someone like cornerback Steven Nelson, locking Allen up now, before he reels off yet another spectacular season, would not be a bad idea.
 

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[Spartacus]

probably waiting on that big contract to see if he gets vaccinated

[Uncle Joe]

[Ann]

Not something I say often, but the comments on this twitter thread are interesting...
 

 

[Ann]

 

 

https://twitter.com/BradleyGelber/status/1406673011000885251

If you cannot see the twitter image:

[Ann]

How Lamar Jackson would get $2M more guaranteed than Josh Allen is beyond me...
 

 

[Foxx]

3 minutes ago, Ann said:

How Lamar Jackson would get $2M more guaranteed than Josh Allen is beyond me...
 

 

I agree but I'm sure the reasoning is centered around the MVP thing.

[Fansince88]

4 hours ago, Ann said:

 

 

https://twitter.com/BradleyGelber/status/1406673011000885251

If you cannot see the twitter image:

I have said this for a while. Expect Josh to sign a "Marsha with the *Patriots" deal. Pay me good and build me a dynasty.

[Ann]

1 hour ago, Fansince88 said:

I have said this for a while. Expect Josh to sign a "Marsha with the **Patriots" deal. Pay me good and build me a dynasty.

Pegulas gonna be *wink*wink*nudge*nudge* extracurricular business partners with Josh like the *Patriots did with Marsha?

[B-Man]

 

 

Report: Bills’ Josh Allen willing to structure extension to help team stay competitive

[B-Man]

 

 

Here's how the Bills could extend Josh Allen

by Cole Thompson

 

https://fansided.com/2021/06/20/josh-allen-bills-contract-extension-prediction/

 

 

 

[Ann]

 

 

https://twitter.com/PatMcAfeeShow/status/1407047230691872770

[Ann]

Contradictions in his statement but if Mayfield gets done first, that is the low, IMO. Bears watching. 

 

Baker Mayfield’s agent thinks contract will get done this summer
 

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Jack Mills told Tony Grossi of WKNR that he doesn’t feel the need to wait for Bills quarterback Josh Allen or Ravens quarterback Lamar Jackson to sign new deals “there’s been enough contracts done for quarterbacks lately that give us a pretty good idea of what the market is” for Mayfield.
 

While Mills said talks with the Browns and his son Tom, who also reps Mayfield, have not moved to specifics about when it will be done, he has a feeling that it will be sooner rather than later.
 

“But I think something will be done this summer,” Mills said. “As far as trying to get a deal done, I don’t know if it’ll get done. It’s something that would be pretty much in the team’s control.”
 

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[Ann]

Very long article. It will be interesting. If Josh signs a "team friendly" deal as been reported he is open to, wouldn't that signal a long-term deal? See the other options for making it friendly below.

 

Agent's Take: Breaking down extensions for 2018 first-round QBs Josh Allen, Baker Mayfield and Lamar Jackson
What to expect for these former first-round picks' new deals
 

Miller and Ragnow could soon have company. Three quarterbacks selected in the first round of the 2018 NFL Draft (Josh Allen, Lamar Jackson and Baker Mayfield) are extension candidates. Each had their fifth-year options for 2022, which are fully guaranteed, picked up. Allen and Jackson's fifth-year options are for $23.016 million. Mayfield's is worth $18.858 million.
 

None of the three are expected to follow in Chiefs quarterback Patrick Mahomes' footsteps by signing an extremely long deal.
 

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Josh Allen - Bills (No. 7 overall pick)

Allen raised his game to a different level last season in leading the Bills to a 13-3 record and the AFC East title. He set Bills franchise records with 4,544 passing yards, 37 touchdown passes, a 69.2 completion percentage and a 107.2 passer rating. Allen ranked in the top five in the NFL in each of these categories. He was the MVP runner up in 2020.

Bills general manager Brandon Beane expressed a desire to sign Allen to an extension sooner than later in March. There doesn't appear to be a sense of urgency by either the Bills or Allen to get a deal done.
 

Ideally, Allen's new deal would come before July 29, when his $2,618,595 third day of training camp roster bonus is due. In doing so, this money could become part of the signing bonus Allen would receive in an extension and be prorated over the life of the contract up to a maximum of five years, which would help limit the increase of his 2021 salary cap number. The Bills currently have $10,102,378 of salary cap room, according to NFLPA data.
 

The four-year, $160 million contract Dak Prescott received from the Cowboys in March that made him the NFL's second-highest paid player at $40 million per year certainly got Allen's attention.
 

Prescott's deal has $126 million in guarantees where $95 million was fully guaranteed at signing, which is an NFL record.
 

Allen should replace Prescott in the NFL salary hierarchy with his deal. It's also conceivable that he will be the first to ever hit $100 million fully guaranteed at signing.
 

The Bills will probably use a signing/option bonus structure in an Allen extension signed this year, like they did with offensive tackle Dion Dawkins and cornerback Tre'Davious White in 2020. An option bonus is essentially an additional signing bonus that's usually paid in the second or third year of a contract to exercise a later year -- or years -- in the deal. Since an option bonus is given the same treatment on the salary cap as signing bonus, it is also prorated or evenly spread out over the life of a contract for a maximum of five years.

The Bills typically have an inflated fully guaranteed second-year base salary to ensure the option is exercised and the payment is made. This base salary is reduced by the amount of option bonus -- which is prorated on the salary cap -- when the option year is picked up.
 

The Bills giving White, who signed an extension after his third year, an extremely favorable cash flow could factor into Allen's negotiations. White's cash flow is superior to the most recent deals signed by quarterbacks after playing just three seasons (Jared Goff, Deshaun Watson, Carson Wentz). The chart below illustrates this point by comparing the percentage of new money White earns after each contract year with the quarterbacks. All of the deals were four-year extensions. 
 

Quarterback contracts customarily have better cash flow than deals at other positions. Since Allen seems open to being flexible about his contract's structure, an appropriate trade off might be a higher average yearly salary for cash flow percentages inferior to White's.
 

Should Allen play out his rookie contract, the Bills would likely use an exclusive franchise tag on him in 2023. This quarterback number currently projects to $43,091,176 and is subject change with contract restructures for cap purposes and extensions over the next 22 months. Nonetheless, it could be used a guide with Allen's average yearly salary for him being accommodating with cash flow.
 

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[B-Man]

 

 

• 

  Agent's Take: Jackson, Allen extensions

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[Ann]

Quarterback extensions
CBS Sports
Jason La Canfora

The case is being made for Josh Allen, Lamar Jackson and, to a lesser degree, Baker Mayfield to get new deals having completed their first three season and all enjoying success. But there is only one of them who has won an MVP award and rewritten the record books. And Jackson is being represented by his mom, with zero guidance from the NFLPA (the union has tried to assist to no avail) and the rest of the industry has no idea what this contract will ultimately look like, there is zero flow of information about it in the agent community, and that could hold up the process around the league.
 

It's been a long time since a contract of this consequence was negotiated in such a non-traditional manner (Master P and Ricky Williams back in the day?) and whatever deal is done will have ramifications. Does he go for the bizarre 10-year structure that Patrick Mahomes took on a year ago at this time? Is it a very short-term deal? Does he just decide to end the process and play it out? Anything seems possible and from the Ravens' standpoint, the last thing you want to be doing is sitting down with your best player's mom to tell her all the things her son hasn't done and must improve on and why he doesn't deserve to get every penny he wants. The process requires exposing warts and engaging in a bare-fisted back-and-forth at times. Far easier exchange with a third party.
 

Good luck finding many comps to this situation, so I tend to think this goes on for a while, and we don't get a lot of action in the first half of July. One phone call could change it, as in any negotiation, but this is tricky.

[B-Man]

 

BAKER MAYFIELD 14 hours ago

Don't expect Cleveland Browns' Baker Mayfield to take hometown discount

Drafted in 2018 with the No. 1 overall pick, Baker Mayfield is nearing the end of his four-year rookie deal with the Cleveland Browns, and now he’s ready to get paid by a franchise cursed with a revolving door of quarterbacks for the past two decades.

[Ann]

I wonder if this is accurate? It is from NBC Sports:

 

Lamar Jackson’s contract negotiations proceed smoothly, so far
 

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Of course, Jackson isn’t completely going it alone. Despite widespread reports and assumptions, we’re told that his mother is not involved. She may be advising him, but she’s not negotiating with the Ravens.
 

Jackson has advisers. He’s had advisers for all of his business ventures. He simply doesn’t have a traditional NFLPA-certified agent.
 

It can become problematic if/when the adviser becomes a negotiator. Technically, teams can’t negotiate with an agent who isn’t certified by the union. For the uncertified agent, of course, there’s no downside. He or she already operates outside the jurisdiction of the NFLPA. What will the union say? Stop doing what you already aren’t supposed to do?
 

Different theories have made the rounds about the person(s) advising Lamar Jackson. One agent believes former NFL player Abe Elam is involved. (Elam’s brother, Matt, was a first-round pick of the Ravens in 2013 and did not use an agent.) There’s also a chance Lamar is using a sports agency that doesn’t do football deals.
 

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[KD in CA]

On 7/3/2021 at 7:37 AM, B-Man said:

 

BAKER MAYFIELD 14 hours ago

Don't expect Cleveland Browns' Baker Mayfield to take hometown discount

Drafted in 2018 with the No. 1 overall pick, Baker Mayfield is nearing the end of his four-year rookie deal with the Cleveland Browns, and now he’s ready to get paid by a franchise cursed with a revolving door of quarterbacks for the past two decades.

 

Does he routinely not grip the ball by the laces?

[You Dirty Rat]

We are broke...