Mac Jones Contract: Salary, Guaranteed Money With Jaguars

Jacksonville Jaguars quarterback Mac Jones (10) stands on the sidelines in the second half of an NFL preseason footballl game against the Atlanta Falcons, Friday, Aug. 23, 2024, in Atlanta.
(AP Photo/Butch Dill)

Mac Jones was drafted No. 15 overall by the Patriots in the 2021 quarterback draft class. Patriots fans hoped he would be the long-prophesied successor to Tom Brady.

Unfortunately, New Englandโ€™s offense has been on a downward descent from the moment Brady left Beantown for Tampa, and Jones didnโ€™t have the talent and playmaking ability to overcome a dreadful roster.ย 

Most professional quarterbacks would have met similar fates in New England over these last few years, which is why Jacksonville was willing to bet on Jones as a reclamation project. The Jaguars acquired Jones in March in exchange for a 2024 sixth-round pick.

The Patriots ultimately used that pick on former Tennessee Volunteers quarterback Joe Milton, who has pushed Drake Maye for the starting gig this season.

In Jacksonville, Jonesโ€™ role is much simpler: Heโ€™s the backup to Trevor Lawrence.

Mac Jones Contract

Mac Jonesโ€™ rookie contract is a four-year deal for $15,586,352. The contract runs through the 2024 NFL season.ย 

Mac Jones Signing Bonus

Mac Jonesโ€™ rookie contract included a signing bonus of $8,695,528.ย 

Mac Jones Salary

Mac Jones will earn $2,785,412 in base salary for the 2024 NFL season.ย 

Mac Jones Guaranteed Money

Mac Jonesโ€™ entire rookie contract was fully guaranteed.ย 

Mac Jones Fifth-Year Option

Jacksonville declined a $25.7 million team option for Mac Jonesโ€™ fifth-year option in April. As a result, Jones will be a free agent in 2025 unless he negotiates an extension between now and March 2025.ย 

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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.