(Jacksonville) The Jacksonville Jaguars have agreed to a five-year, $275 million contract extension with quarterback Trevor Lawrence, The Associated Press has learned.

The deal includes $142 million in guaranteed money and a $37.5 million signing bonus, said the person who spoke to The Associated Press on condition of anonymity because the two sides had not yet announced the deal. new.

Lawrence will earn an average annual salary of $55 million, the same amount as Joe Burrow of the Cincinnati Bengals and a record amount in NFL history.

Last month, Jared Goff signed a four-year, $212 million contract extension with the Detroit Lions, making him the second-highest paid quarterback in history at $53 million per season.

Lawrence, 24, guided the Jaguars to a 21-31 record in three seasons as starting quarterback, and 1-1 in the playoffs.

The Georgia native completed nearly 64% of his passes for 11,770 yards, with 58 touchdowns and 39 interceptions. He also had 11 rushing touchdowns, but committed 21 fumbles.

Lawrence has been at the heart of the Jaguars’ progression towards the end of the 2022 season and the 2023 season. In 19 games during this stretch, the team compiled a 14-5 record and he amassed 4,713 yards of aerial gains all throwing 29 touchdown passes against 11 interceptions.

Lawrence, however, has also been plagued by injuries during his NFL career. They played a role in the team’s collapse late in the 2023 season, when the Jaguars lost five of their final six games and missed the playoffs after spending three months atop the AFC South. .

He then ran into trouble and the Jaguars management gave themselves the mandate to improve the offensive line in order to better protect the jewel of the organization.