The Jacksonville Jaguars and quarterback Trevor Lawrence reached a deal on a ma sive five-year contract extension, per multiple reports Thursday.Lawrence, the No. 1 Tristan Wirfs Jersey overall pick from the 2021 NFL Draft, received a five-year deal worth $275 million. The deal reportedly includes $200 million guaranteed and $142 million guaranteed at signing. was the first to report the deal. The have reached a deal with their star QB Trevor Lawrence. Sources says they are giving the former No. 1 pick a 5-year extension worth $275M $55M a year with $200M guaranteed and $142M fully.Lawrences agent Jay Courie of did the deal. Ian Rapoport (@RapSheet) The quarterback market has been booming over the last few offseasons, and Lawrence's team took advantage of it.With an average annual value (AAV) of $55 million, Lawrence is the NFL's highest-paid quarterback alongside Cincinnati Bengals' Joe Burrow, with $55 million AAV, just before the 2023 season.After a shaky rookie season under former head coach Urban Meyer, Lawrence has bounced back nicely over his last two seasons. He earned a Pro Bowl nod in 2022 when he completed 66.3% of his pa ses for 4,113 yards, 25 touchdowns and eight interceptions.He regre sed a bit in 2023, this third year in the league, completing 65.6% of his pa ses for 4,016 yards, 21 touchdowns and 14 interceptions.The Jaguars used the No. 21 pick in the 2024 NFL Draft on wide receiver Brian Thomas Jr., and now the two are linked for the entirety of the latter's rookie contract. Billy Ross Jersey