Bills Reward Allen With New Contract After Nfl Mvp Season. Deal Is Worth 330m, Ap Source Says

NFL MVP Josh Allen was rewarded Sunday with a contract extension worth 330 million, with 250 million of it guaranteed, which makes him among the league's highest-paid players.

The Buffalo Bills announced the agreement, while two people with knowledge of the deal revealed the contract's value to The Associated Press. The people spoke to the AP on the condition of anonymity because the Bills did not release that figure, which was first reported by ESPN.com.

The new deal adds two years to Allen's contract and locks the 28-year-old in through the 2030 season.

The extension comes following Allen's seventh NFL season in which he became the Bills third player to earn NFL MVP, and first since running back Thurman Thomas did so in 1991. The new deal eclipses Allen's previous contract, a six-year 258 deal he signed with Buffalo in August 2021.

Allen has established himself as one of the league's elite quarterbacks and re-written nearly every franchise single-season passing and scoring record at his position. In doing so, he's overcome the many questions and criticisms he faced for being considered a raw and inaccurate player when Buffalo selected him with the No. 7 pick in the 2018 draft out of Wyoming.