Forum The Longship Josh Allen Got Paid

Josh Allen Got Paid

JU
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Adam Schefter
· 4m
Compensation update on Josh Allen new deal that @mortreport reported on: it’s a six-year deal worth $258 million, including $150 million guaranteed, per source. twitter.com/mortreport/sta…
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#1 · Aug 6, 11:06 AM
DE
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Hmmmm, maybe I can use those numbers as the bar for when I go charging into my boss's office asking for a raise. Should go over well.

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#2 · Aug 6, 11:12 AM
DE
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Wow, that seems awfully early. 

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#3 · Aug 6, 11:21 AM
DE
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Qbs are making such a big mistake doing these long contracts. The cousins model should have been eye opening. This is a step back for the players
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#4 · Aug 6, 11:31 AM
DE
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25 mil a year guaranteed?  big step back lol

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#5 · Aug 6, 11:46 AM
DE
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150 million guaranteed. I think he will be ok. 

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#6 · Aug 6, 12:11 PM
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@"BarrNone55" said:
Qbs are making such a big mistake doing these long contracts. The cousins model should have been eye opening. This is a step back for the players
LMAO, what?
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#7 · Aug 6, 1:44 PM
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@"StickyBun" said:
@"BarrNone55" said:
Qbs are making such a big mistake doing these long contracts. The cousins model should have been eye opening. This is a step back for the players
LMAO, what?

The Cousins model must be 100% guaranteed, IDK, smh… (& what a great example he is) :s 

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#8 · Aug 6, 4:41 PM
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@"StickyBun" said:
@"BarrNone55" said:
Qbs are making such a big mistake doing these long contracts. The cousins model should have been eye opening. This is a step back for the players
LMAO, what?

 I think he means that in 3 years that deal will probably be middle of the pack.  Shorter deals lets you stay on top of the market. 

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#9 · Aug 6, 9:23 PM
DE
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The real question:  Is he vaccinated?  

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#10 · Aug 6, 9:38 PM
DE
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You want numbers, here they are:
 Inside the Josh Allen deal (msn.com)

 

Inside the Josh Allen deal
Mike Florio  7 hrs ago
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© Provided by NBC Sports

Video player from: NBC Sports (Privacy Policy)
On Friday, the Bills and quarterback Josh Allen reached agreement on a six-year extension. Now that Allen has officially signed the contract, here’s a look at its terms.
All numbers come from a source with direct knowledge of the contract.
It’s a six-year extension, with a base value of $258 million ($43 million per year) and a maximum value of $288 million ($48 million per year). The specific terms are as follow:

1. 2021 signing bonus: $16.5 million, fully guaranteed at signing.
2. 2021 base salary: $920,000, fully guaranteed at signing.
3. 2021 roster bonus: $2.6 million, fully guaranteed at signing.
4. 2022 option bonus: $42.4 million, fully guaranteed at signing.
5. 2022 base salary: $4.1 million, fully guaranteed at signing.
6. 2023 base salary: $27.5 million, fully guaranteed at signing.
7. 2024 million roster bonus: $6 million, which becomes fully guaranteed five days after signing.
8. 2024 base salary: $23.5 million, $10 million of which becomes fully guaranteed on the fifth day of the 2022 league year and the other $13.5 million of which becomes fully guaranteed on the fifth day of the 2023 league year.
9. 2025 roster bonus: $25 million, $16.5 million of which becomes fully guaranteed on the fifth day of the 2023 league year.
9. 2025 base salary: $14 million, $1.5 million of which is guaranteed at signing. It becomes fully guaranteed on the fifth day of the 2024 league year.
10. 2026 roster bonus: $15 million.
11. 2026 base salary: $22.5 million.
12. 2027 roster bonus: $25 million.
13. 2027 base salary: $14 million.
14. 2028 roster bonus: $25 million.
15. 2028 base salary: $15.55 million.
The deal also includes non-guaranteed workout bonuses of $500,000 in 2022, 2023, 2024, and 2025 and non-guaranteed workout bonuses of $1 million in 2026, 2027, and 2028.
Likewise, the contract has AFC Championship, Super Bowl, and MVP incentives from 2023 through 2028, which cumulatively can add another $30 million to the contract.
The $100 million full guarantee at signing moves to $110 million in 2022, $140 million in 2023, and $162.5 million in 2024, via rolling guarantees that vest money in future years. By 2025, Allen will have had $177.5 million become guaranteed. Through 2026, it becomes $239 million.
_____________________________________________________________________________________________________________
Basically the extension gives him a bunch more cash in '21 and '22, then adds 6 more years 23-28, so what at first glance seems to be $43 million a year if you divide 258 by 6 actually cashes out like this (not including incentives):
'21: $20,020,000
'22: $46,500,000 (his 5th season, 5th year option was $23 million)
'23: $27,500,000
'24: $29,500,000
'25: $39,000,000
'26: $37,500,000
'27: $39,000,000
'28: $40,550,000
As said earlier in the thread... he'll be fine   :p

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#11 · Aug 6, 11:08 PM
DE
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"Josh Allen had 21 dropped interceptions in 2020.

Jameis Winston (2019) is the only other quarterback who has had 21 dropped interceptions in the last two years.

Jared Goff and Carson Wentz had 20 in 2019."

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#12 · Aug 7, 7:35 AM
DE
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@"MaroonBells" said: "Josh Allen had 21 dropped interceptions in 2020.

Jameis Winston (2019) is the only other quarterback who has had 21 dropped interceptions in the last two years.

Jared Goff and Carson Wentz had 20 in 2019."


I think Allen is a top 5 QB in the NFL and will only continue to incrementally get better. Yep, he will toss a few up for grabs. But so did Brett Favre. He brings a TON to the position in the modern NFL.

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#13 · Aug 7, 7:39 AM
DE
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@"StickyBun" said:
@"MaroonBells" said: "Josh Allen had 21 dropped interceptions in 2020.

Jameis Winston (2019) is the only other quarterback who has had 21 dropped interceptions in the last two years.

Jared Goff and Carson Wentz had 20 in 2019."


I think Allen is a top 5 QB in the NFL and will only continue to incrementally get better. Yep, he will toss a few up for grabs. But so did Brett Favre. He brings a TON to the position in the modern NFL.


No doubt. Just saying there's more to the Josh Allen story. Simple regression to the mean says he'll throw more picks in 2021. Not saying that fact renders the contract foolish, just saying this isn't a complete picture yet.

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#14 · Aug 7, 8:02 AM
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Forum The Longship Josh Allen Got Paid
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