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FFL: Preseason | NFL: Week 1

Jaguars QB Trevor Lawrence signs $275M contract

Thu Jun 20 11:49am ET
Field Level Media

Trevor Lawrence signed a five-year contract extension on Thursday to make official his deal with the Jacksonville Jaguars worth a reported $275 million with $200 million guaranteed.

"We signed our name on the thing -- so it's official," Lawrence said after putting pen to paper on his contract along with his wife, Marissa. "Believe it or not, it's a lot of pages to read through. It's a lot of paperwork."

Lawrence was entering the final year of his contract before the agreement with the potential of the franchise tag or free agency looming. Lawrence said he didn't give any consideration to moving on from the Jaguars.

"The direction we're heading on the football side, that makes it obviously a no-brainer for us," Lawrence said Thursday. "We're headed in the right direction. I want to be the quarterback here. I want to bring a championship to Jacksonville. That's my goal. I really know that we can accomplish that."

The deal pays Lawrence $55 million per season, tying Joe Burrow of the Cincinnati Bengals for the highest average annual value among NFL quarterbacks.

Lawrence, the No. 1 overall pick of the 2021 NFL Draft, would have played the 2024 season for $5.6 million on his rookie deal if no long-term deal had been reached.

The year Lawrence was drafted, only three NFL quarterbacks made at least $40 million per season -- and Patrick Mahomes' $43 million AAV with the Chiefs was tops in the league.

Lawrence, 24, made the Pro Bowl in 2022 and is 20-30 as a starter, passing for 11,770 yards with 58 touchdowns and 39 interceptions through three seasons. He has rushed for 964 yards and 11 scores.

He threw for 4,016 yards, 21 touchdowns and 14 interceptions in 16 games in 2023, missing one game due to injury. The Jaguars missed the playoffs despite an 8-3 start to the season.

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Nyheim Hines Aug 27 5:20pm ET
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Tommy DeVito Aug 27 5:20pm ET
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Ja'Marr Chase Aug 27 5:10pm ET
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Elijah Mitchell Aug 27 5:10pm ET
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Odell Beckham Jr. Aug 27 4:50pm ET
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D'Onta Foreman Aug 27 4:50pm ET
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The Cleveland Browns announced on Tuesday that they are terminating the contract of running back D'Onta Foreman. The 28-year-old signed with the Browns this past offseason after bouncing around a couple of teams over the past few seasons. In 2023, he played nine games with the Chicago Bears, rushing for 425 yards on 109 attempts and four scores. Foreman did have a career year with the Carolina Panthers, where he rushed for 914 yards and scored five touchdowns in 17 games. Now, the Browns only have two running backs on their official 53-man roster (Jerome Ford and Pierre Strong Jr.), with Nick Chubb (knee) on the PUP list. Foreman will look to latch onto another team. According to Field Yates of ESPN, there is a chance the Browns will re-sign Foreman in a few days without him going to waivers.

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George Karlaftis Aug 27 3:50pm ET
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Louis Rees-Zammit Aug 27 3:40pm ET
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Irv Smith Jr. Aug 27 3:30pm ET
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Elijah Mitchell Aug 27 3:00pm ET
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The San Francisco 49ers have typically carried four running backs and a fullback on their 53-man roster. They've traded two RBs for fifth-round draft picks in the past, Matt Breida and Jeff Wilson Jr., during Kyle Shanahan's tenure as head coach. If Elijah Mitchell can fetch a return, then perhaps the 49ers have adequate depth to orchestrate another trade. San Francisco has been happy with Cody Schrader and Patrick Taylor Jr., so expect at least one of those backs to remain in the building, even if it's on the practice squad. Mitchell is one of San Fran's top backups to workhorse starter Christian McCaffrey (calf), who is currently not practicing. If Mitchell were to get traded ahead of the regular season, it would leave Jordan Mason as McCaffrey's clear-cut backup and an abundance of contingency upside as a handcuff.

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Dameon Pierce Aug 27 2:50pm ET
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Ernest Jones Aug 27 2:40pm ET
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Deneric Prince Aug 27 2:30pm ET
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The Kansas City Chiefs are cutting running back Deneric Prince on Tuesday. Despite incumbent veteran Clyde Edwards-Helaire (illness) missing the majority of training camp due to post-traumatic stress disorder, Prince didn't do enough in camp and the preseason to earn a spot on KC's final 53-man roster. Prince appeared to be making a strong push for a roster spot at first, working ahead of CEH in team drills early in camp, but he struggled with consistency as a rusher in the preseason outside of a 41-yard run in the second exhibition game and also had made a mistake on special teams in the exhibition opener, which cost the Chiefs a safety on a kickoff. Fullback Carson Steele looks set to make the roster as backfield depth with this move, offering the team some value as a runner and in pass protection.

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Noah Brown Aug 27 2:20pm ET
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