Allen agrees record $330m contract extension Buffalo Bills superstar Josh Allen – Most Valuable Player for the 2024 season – is set to become one of the highest-paid players in NFL history. The quarter-back reportedly agreeing a six-year $330m contract, including a record $250m in guaranteed pay Kansas City star Patrick Mahomes (inset left) signed 10-year deal in 2020 worth $450m – annual pay of $45m Contract eclipses record held by Cleveland Brown quarter-back Deshaun Watson, who received $230m guaranteed pay in 2022 HIGHEST PAID QUARTERBACKS IN NFL Sorted by annual pay Allen set to earn average of $55m per season with new contract – only Cowboys star Dak Prescott (inset right) is paid more annually at $60m Payment structure: Annual Guaranteed Total value Dak Prescott Cowboys 2024 $60M $129M $240M Josh Allen Bills 2025 $55M $230M $330M Joe Burrow Bengals 2023 $55M $146.5M $275M Trevor Lawrence Jaguars 2024 $55M $142M $275M Jordan Love Packers 2024 $55M $100.8M $220M Tua Tagovailoa Dolphins 2024 $53.1M $93.1M $212.4M Jared Goff Lions 2024 $53M $113.6M $212M Justin Herbert Chargers 2023 $52.5M $133.7M $262.5M Lamar Jackson Ravens 2023 $52M $135M $260M Jalen Hurts Eagles 2023 $51M $110M $255M Sources: CBS, ESPN Pictures: Getty Images © GRAPHIC NEWS