wjxt logo

Done deal: Trevor Lawrence signs with Jaguars

No. 1 overall pick received contract worth nearly $37 million, with $24.1 of that guaranteed

Jacksonville Jaguars quarterback Trevor Lawrence (16) takes a break during an NFL football practice, Monday, June 14, 2021, in Jacksonville, Fla. (AP Photo/John Raoux)
Jacksonville Jaguars quarterback Trevor Lawrence (16) takes a break during an NFL football practice, Monday, June 14, 2021, in Jacksonville, Fla. (AP Photo/John Raoux) (Copyright 2021 The Associated Press. All rights reserved)

JACKSONVILLE, Fla. – Trevor Lawrence is signed and sealed.

Now, it’s time for the quarterback to deliver on his immense potential.

The Jaguars’ No. 1 overall draft pick signed a contract with the team on Monday morning.

Terms of the deal are standard in the rookie wage scale, with Lawrence receiving $36.8 million over four years. A total of $24.1 million is guaranteed.

Lawrence was pumped up to have the deal completed.

“Gonna give #Duval everything I got. Couldn’t be more proud to represent Jacksonville. Let’s go!!!” he wrote on Twitter.

According to ESPN’s Adam Schefter, Lawrence’s signing bonus will be paid within 15 business days and his contract includes no offset language.

Offset language is essentially money that the Jaguars, or any other club, would have reduced if the player is cut before the end of their contract and signs with another team. By not having offset terms in a contract, it allows a player to be paid in full from his former club and be paid in full from his new club, essentially double dipping.

It wasn’t yet clear on if any portion of Lawrence’s signing bonus with the Jaguars will be paid in cryptocurrency like Bitcoin. One of Lawrence’s pre-draft endorsement signings was with a company called Blockfolio, a portfolio management app for the popular cryptocurrency industry. Lawrence received a portion of his signing bonus with Blockfolio in cryptocurrencies like Bitcoin, ethereum and solana.

Lawrence (6-5, 213 pounds) has been dubbed a can’t-miss prospect and a once-in-a-career quarterback.

Lawrence has been on the minds of NFL general managers since he led Clemson to a national championship as a true freshman. He never lost a regular-season game in high school or college.

Never.

Lawrence went 69-0 at those levels (38-0 at Cartersville High in Georgia, and 31-0 at Clemson). Lawrence led the Tigers to the College Football Playoffs three times in three seasons and won the national championship as a freshman.

Among the team’s only unsigned draft picks now are fellow first-rounder Travis Etienne and second-round picks Tyson Campbell and Walker Little.


About the Author:

Justin Barney joined News4Jax in February 2019, but he’s been covering sports on the First Coast for more than 20 years.