Josh Allen is now the 13th highest-paid QB in the NFL

It was announced this week that Dolphins QB Tua Tagovailoa and Packers QB Jordan Love both signed massive contract extensions at $53M and $55M AAV respectively, making Bills QB Josh Allen the 13th-highest-paid quarterback ($43M AAV) currently in the NFL.

The NFL QB market is ever-increasing, and the Bills and General Manager Brandon Beane look smart once again for extending Allen early. They also looked like geniuses after Justin Herbert, Joe Burrow, Trevor Lawrence, Lamar Jackson, Jalen Hurts, and Jared Goff all signed their deals, too (all top 10 in AAV). They will probably look smart again after Dak Prescott inevitably gets a new deal.

The same guy with four straight forty-touchdown seasons (which hasn’t been done by anyone else in a consecutive year), and who is largely considered to be a top-two QB in the league since striking that deal, has twelve QBs making more than him annually.

Tagovailoa has posted 6 TDs and 7 INTs against the Bills in his career while Allen has posted 33 TDs and 7 INTs against the Dolphins, and Tagovaila is making $10M more annually. This is good news for the Bills and Bills fans.

To be fair, Miami fans can be happy, too. You could do a whole lot worse than Tua at QB, as he was at the top of the league in some major passing categories. Although Tagovailoa has late-season question marks and Love only has about half of a season under his belt, both those franchises now have their guys locked in for four years and can focus on work. If either of them keeps improving they could elevate their squads to another level. But, that’s a lot of money for an “if they stay on this pace.”

I’d be remiss not to mention the fact that Patrick Mahomes’ deal with the Chiefs is also incredible. Mahomes sits tied for 11th highest AAV ($45M). The contracts for Allen and Mahomes are on a different stratosphere in terms of value for their franchises because we know for a fact they are already the best of the best. Both became elite before their rookie contract year and both of their deals are aging like fine wine year after year. Both teams could be looking at a pay raise for their QBs in the future.

Allen is still only 28 years old and has a younger orchestra around him to conduct this year. It’s a good thing the Bills front office believed in Allen after one season of being elite in 2020. Signing a six-year contract extension ahead of the 2021 season has set the team up for long-term success. He’s currently under contract until 2029 when he will be 33 years old.