The Buffalo Bills made a significant move just before the NFL’s legal tampering period began by signing quarterback Josh Allen to a six-year, $330 million contract extension. The most noteworthy part of the deal is the $250 million in guaranteed money, which came after Allen’s MVP season and impressive record of five consecutive seasons with over 40 total touchdowns.
Before this extension, Allen was earning $43 million annually, which, in quarterback terms, was considered underpaid. His new contract, worth $55 million per year, makes him one of the highest-paid quarterbacks in the league. With the market for quarterbacks rapidly rising, this contract sets the stage for future negotiations.
Allen’s contract extension could have a ripple effect on the quarterback market, especially for younger quarterbacks like Brock Purdy of the San Francisco 49ers. Purdy, who has exceeded expectations since being drafted last, is now due for a contract extension after an impressive start to his career. Although Allen is undoubtedly a better quarterback, Purdy’s achievements, including leading the 49ers to two NFC Championship games and a Super Bowl appearance, may place him in a tough negotiating position due to Allen’s lucrative deal.
This puts the 49ers in a difficult spot, as Purdy’s early career success suggests he might be worth a significant extension, but the team’s management may be reluctant to meet such high demands. The Bills’ proactive decision to lock Allen into his new deal gives them flexibility moving forward, while also putting pressure on other teams dealing with their franchise quarterbacks’ negotiations.
