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Josh Allen, a quarterback for the Buffalo Bills, was selected at the 2018 NFL Draft as the seventh overall pick. Allen, a native of Firebaugh, California, finished his secondary education at Firebaugh High School. However, after not receiving a single scholarship offer from any FBS or FCS program, Allen committed to Reedley College but transferred to the University of Wyoming a year later. After playing three years at Wyoming, he declared for the 2018 draft. The three-time Pro Bowler was named to the Second-team All-MWC in 2016 when he threw for 3,203 yards (career high in college).
After entering the NFL in 2018, Allen was given the reigns of the Bills franchise since the second week of his rookie season. He finished the year with a 5-6 record while passing for over 2k yards. After taking the Bills to the postseason in the following year, Allen had a breakout year in 2020, where for the first time he passed for over 4k yards (4,544 to be exact) and threw for 37 passing touchdowns (both career-high). As of January 2025, he has played in 111 games, completing 2,296 of 3,628 passes for 26,434 passing yards, 195 touchdowns, and 84 interceptions, according to Pro Football Reference.
Josh Allen's Contract Breakdown
According to Spotrac, in May of 2021, Josh Allen agreed to a six-year, $258 million contract extension with the Buffalo Bills, which included a signing bonus of $16.5 million, a $150 million guarantee, and an average salary of $43 million per year.
Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
6 yr(s) / $258,034,000 | $16,500,000 | $43,005,667 | $100,038,596 | $150,000,000 |
The details of the contract are provided below:
Year | Base Salary | Signing Proration | Restructure Proration | Roster Bonus | Option Proration | Cap Hit | Dead Cap | Yearly Cash |
2021 | $920,000 | $6,663,742 | - | - | - | $10,202,338 | $103,410,057 | $20,000,001 |
2022 | $4,100,000 | $3,292,281 | - | - | $8,480,000 | $16,372,281 | $93,661,405 | $47,000,000 |
2023 | $1,080,000 | $3,292,281 | $5,284,000 | - | $8,480,000 | $18,636,281 | $117,789,124 | $28,000,000 |
2024 | $1,125,000 | $4,292,281 | $15,959,000 | - | $8,480,000 | $30,356,281 | $127,160,562 | $60,000,000 |
2025 | $14,000,000 | $4,292,281 | $15,959,000 | - | $8,480,000 | $43,231,281 | $96,804,281 | $14,500,000 |
2026 | $22,500,000 | $1,000,000 | $15,959,000 | $15,000,000 | $8,480,000 | $63,939,000 | $54,073,000 | $38,500,000 |
2027 | $14,000,000 | $1,000,000 | $15,959,000 | $25,000,000 | - | $56,959,000 | $28,634,000 | $40,000,000 |
2028 | $10,554,595 | $1,000,000 | $10,675,000 | $25,000,000 | - | $48,229,595 | $11,675,000 | $36,554,595 |
How much is Josh Allen getting paid?
In the 2025 season, Josh Allen will earn a base salary of $14 million, a signing proration of $4.29 million, a restructure proration of $15.9 million, an option proration of $8.48 million, and a workout bonus of $500,000 for a cap hit of $43.23 million and a dead cap of $96.8 million, as per Spotrac.
How much money does Josh Allen make a minute?
Josh Allen earns $81.8 per minute on the basis of his average annual earnings of $43 million and a total of 525,600 minutes in a year.
How much of Josh Allen’s Contract is guaranteed?
As per Allen’s contract with the Bills, he is total guaranteed a sum of $150 million and can opt out of the contract if the guarantees are not fulfilled.
What are the terms of Josh Allen’s Contract?
The terms of Josh Allen’s contract include a total of $100 million guaranteed at the signing, which is a combination of the signing bonus, 2021 base salary of $920,000, 2021 roster bonus of $2.61 million, 2022 base salary of $1.4 million, 2022 option bonus of $8.48 million, and 2023 base salary of $1 million.
As for the 2024 salary, it incorporates specific guarantee timelines. A portion amounting to $10 million will be fully guaranteed on the fifth league day of 2022, and an additional $13.5 million will be fully guaranteed by March 19, 2023. In 2025, the base salary, amounting to $14 million, is set to be fully guaranteed by March 17, 2024.
The contract also includes a substantial option bonus of $42.4 million, which must be exercised between March 16 and March 20 in 2022. Allen’s deal contains various roster bonuses as well, such as $6 million in 2024, to be disbursed by March 17, 2024. It also outlines amounts converted to signing bonuses, including $25 million in 2024, $15 million on the fifth league day of 2026 (guaranteed on the fifth league day of 2025), $25 million in 2027 (guaranteed on the fifth league day of 2026), and $25 million again in 2028.
Allen will receive workout bonuses ranging from $500,000 annually for the years 2022 to 2025, increasing to $1 million per year from 2026 to 2028. The contract also includes a full no-trade clause from 2024 to 2028 and an insurance clause of $37.5 million of his 2024 compensation.
Further, the agreement includes 2025 escalators, like achieving 60% regular-season snaps in conjunction with securing the #1 AFC seed awards an additional $2.5 million, another $2.5 million for an AFC Championship win, and a substantial $5 million for winning the Super Bowl in the 2024-2025 season.
At last, the term also has annual incentives, offering up to $5 million extra per year based on certain achievements, like 60% regular-season snaps and winning the AFC Championship ($1 million), 60% regular-season snaps and winning the Super Bowl ($2.5 million), along with securing the NFL MVP title, which brings in $1.5 million in bonuses. (via Spotrac)
Josh Allen’s Career Earnings
According to Spotrac, Allen has earned $173 million in his career as of January 2025.
Josh Allen's Contract History
Josh Allen has signed only one contract before signing his 6-year contract extension. His first and only contract was the four-year rookie deal he signed in 2018 with the Buffalo Bills.
Year | Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
2018 - 2022 | 4 yr(s) / $21,443,037 | $13,485,846 | $5,360,759 | $21,443,037 | $21,443,037 |
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FAQs on Josh Allen
A. Josh Allen stands 6 feet 5 inches or 196 cm, tall.
A. Josh Allen has a twin brother named Jason Allen.
A. Josh Allen has not won a Super Bowl as of January 2025.
A. Josh Allen was drafted in the 2018 NFL Draft, as the seventh pick in the first round by the Buffalo Bills.
A. Josh Allen attended Reedley College in 2014 and the University of Wyoming from 2015 to 2017.