Trevor Lawrence Contract: Salary, Extension With Jaguars

Trevor Lawrence was a widely heralded No. 1 draft pick in 2021 that showed glimpses of what he could be capable of in the 2022 playoffs. 

With three years down in the NFL, and an increasingly competitive AFC South, the Jaguars decided it was time to back up the Brink’s truck for Lawrence and his services. 

On June 13,  Lawrence was given a giant extension worth more than $250 million. 

Trevor Lawrence Contract

Trevor Lawrence signed a 5-year, $275 million contract extension that will keep him in Jacksonville through 2030. 

The contract includes a full no-trade clause.

Trevor Lawrence Signing Bonus

Trevor Lawrence’s new contract extension included a signing bonus of $37.5 million. 

Trevor Lawrence 5th Year Option

Jacksonville exercised its team option for the fifth year of Lawrence’s rookie contract in April. That means his rookie contract will officially end after the 2025 season, and his new contract extension will kick in for 2026. 

Trevor Lawrence Salary

Trevor Lawrence’s base salary for the 2024 season is $1.5 million. However, he’ll receive nearly $40 million in total cash this year because of the signing bonus from his new extension.

Lawrence’s average annual salary over the life of his five-year extension is $55 million. 

Trevor Lawrence Guaranteed Money

Trevor Lawrence was guaranteed $142 million upon signing his new contract extension. That includes his signing bonus, salaries and option bonuses through 2026, and part of his 2027 compensation.

An additional $12 million will be fully guaranteed in March 2026, along with $46 million in March 2027.