Josh Allen Contract Terms
The Bills have rewarded NFL MVP Josh Allen with a record-setting six-year, $330 million contract through the 2030 season, including $250 million guaranteed. It is the largest guaranteed total given to an NFL player, surpassing the previous mark of Cleveland Browns quarterback Deshaun Watson, who received $230 million guaranteed. Allen, who was previously signed through 2028, will be 34 years old when the final year of this extension hits.
Fantasy Football Impact
Allen was named the AP NFL Most Valuable Player in 2024 after recording 4,269 total yards, 41 total touchdowns, and his fewest career turnovers (8). His 119.6 passer rating was the fourth highest in NFL history, trailing only Aaron Rodgers (122.5 in 2011 and 121.5 in 2020) and Peyton Manning (121.1 in 2004). Rodgers and Manning won MVP in those seasons.
Among the many NFL records set this season, Allen became the first player in NFL history with five straight 40-plus total TD seasons. He and Rodgers, with six, are the only players in NFL history with 40-plus offensive touchdowns in at least five career seasons.
Better still, Allen's mobility adds to his fantasy value.
Last season, he became the first player in NFL history to record at least 25 touchdown passes and 10 touchdown runs with fewer than 10 interceptions in a season. He finished with 28 touchdown passes, 12 rushing touchdowns, and six interceptions.
Buffalo revamped its offense in the offseason, trading No. 1 wideout Stefon Diggs to the Texans and watching Gabe Davis sign in Jacksonville. The Bills asked Allen to do more with less, and he delivered. The big-armed quarterback didn't force the ball deep as much as in previous seasons, generating a career-low 8.3 yards per attempt average, per Next Gen Stats, but he led a more proficient offense.
The Bills scored 30-plus points in 12 games in 2024, which is tied for the second-most games with 30-plus points by a team in a season in NFL history, with only the 2013 Broncos (13) generating more.
As you would expect, Allen, who finished 2024 as the QB2 overall, is one of three top-shelf fantasy quarterbacks this year along with Baltimore's Lamar Jackson and Washington's Jayden Daniels.
Allen is currently QB2 on the Footballguys' 2025 projections, but he's QB1 in early Underdog best-ball drafts, going in the middle of Round 3.
Fantasy Fallout
I'll remind you that Allen was the first quarterback off the board heading into the 2024 season. He was being drafted with the 28th pick overall. Jackson, meanwhile, was the fourth QB off the board (behind Patrick Mahomes II and Jalen Hurts), with the 42nd pick overall. Jackson, who finished the year as QB1, was a full round cheaper than Allen and ended up being the better value.
Will that hold up in 2025?
When it comes to deciding who the better fantasy player is, it's pretty simple. Let's break it down a bit.
Both Allen and Jackson entered the league in the 2018 NFL Draft. Their rookie seasons were not high-end. Allen started 12 games and finished as QB21; Jackson started 16 games and finished as QB29.
After that?
Allen finished as QB6 in 2019. Since then, he's finished as QB1 three times (in 2020, 2021, and 2023); he was QB2 once (in 2022). That includes top-10 overall finishes (all positions included) every year.
Jackson has been a little more up and down. He was QB1 in 2019, QB10 in 2020, QB16 in 2021, QB14 in 2022, and QB4 in 2023.
Allen's consistency and Jackson's variance explain the difference in ADP and leave Allen as the clear No. 1 fantasy option overall.
And Daniels? The Commanders' first-round draft pick rushed for more yards (891) than any other rookie quarterback in NFL history. He combined that with 3,568 passing yards. Daniels also threw for 25 touchdowns (15 coming in his last five full games) with only nine picks, and he ran for six scores.
While in that top-three conversation, Daniels remains behind Allen and Jackson in ADP, although not in our projections.
Overview
Quarterback Josh Allen has agreed to a six-year deal worth $330 million with $250 million guaranteed that keeps him in Buffalo through 2030. Allen will now make $55 million per year after winning his first career MVP this past season, second behind only the Dallas Cowboys' Dak Prescott ($60 million) for average annual value. There's not much change for fantasy investors here: Allen remains a consistent, high-end producer who should be one of the first quarterbacks off the board in drafts.
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