Saturday the Jaguars made the decision to give 2014 3rd overall pick Blake Bortles a 3-year extension, according to Adam Schefter.
Jaguars are giving QB Blake Bortles a new three-year, $54 million deal, worth up to $66.5M with incentives, that includes $26.5M guaranteed, tying him to Jacksonville through the 2020 season, per source.— Adam Schefter (@AdamSchefter) February 25, 2018
Jacksonville out of QB market.
As the first of three quarterbacks selected in the first round of that draft, Bortles had one year left on his rookie contract after the Jaguars picked up his 5th year option last year. They opted to get ahead of it and lock him up for an average of $18 million per season the next three years.
The other two first round QB’s were Johnny Manziel (cut) and Teddy Bridgewater (injured).
Bortles becomes the third quarterback from the 2014 draft class to get a new contract from his team. The first two were the two second round quarterbacks, Derek Carr and Jimmy Garoppolo.
As solid proof the draft is a bit of a crapshoot, Carr and Garoppolo both receives NFL record contracts at the time of their deals, far outstripping anything their first round fellow QB draft classmates.
Carr became the NFL’s first ever $25 million man on a 5-year, $125 million extension last offseason.
Garoppolo got paid big time this offseason after leading a 1-10 49ers team to a 5-0 over the past five games of the season. He is currently the highest paid player in NFL history with a 5-year, $137.5 million deal averaging $27.5 million per season.
As far as total money, those two deals are more than twice that the money Bortles got.
Many thought the Jaguars would move on from Bortles, as Schefter noted at the end of his tweet that Jacksonville is “out of the QB market.” Though I would add that this doesn’t absolutely mean they’re out of the market, just that they don’t have to go for broke in free agency and can afford to wait should the guy they like isn’t available at their pick in the draft.