Buffalo Bills sign QB Josh Allen to 6-year extension; deal worth $258M with $150M guaranteed, sources say

Booger McFarland and Tim Hasselbeck offer their picks for teams that could end Super Bowl droughts in this season's Super Bowl. (1:39).BUFFALO (N.Y.) -- On Friday, the Buffalo Bills announced that quarterback Josh Allen and the team had reached a six-year extension to their contracts.Sources tell ESPN's Adam Schefter that Allen's deal is worth $258 million and includes $150 million guaranteed.Allen, the No. 7 pick in 2018, had his fifth-year option picked up in May as a formality. Allen, the No. 7 pick in 2018, was his fifth-year option purchased in May. Both sides had previously expressed interest in a long-term agreement.Allen stated to the NFL Network that "when it happens, it happens." "They will work out the details, and if we can reach something soon I'd love to be locked down at Buffalo for a very prolonged time." It's my home and I love it.Brandon Beane, general manager of the Bills, told The Associated Press Monday that the parties had reached an agreement to meet for negotiations or to table talks until next season.Beane stated, "There will not be any negotiating in-season." "At some point, we will press the pause key."Allen opened training camp by stating that he wasn't concerned about contract negotiations.Allen stated, "It won't change my approach to being the best teammate and the best leader I could be for this team or this organization." "My attention is entirely on the field."After a 2020 MVP runner-up season, the Wyoming alum was awarded the extension. During that season, he set franchise records in passing yards (4544) and passing touchdowns (37) and led the Bills to their first division title since 1995.From 2019 to 2020, he made notable improvements in his completion percentage, which rose from 58.8% up to 69.2%, and his rating went from 85.3 to 107.2. Allen was honored for his efforts by being named to the Pro Bowl."I had many talks with Brian Daboll, Sean McDermott, and Beane. Allen stated that he made a promise to them "that I would be a better quarterback and do the right thing." It's not just me doing this, though. There's been a small army of Daboll, Ken Dorsey, the front office, bringing in the players they've brought in and, in the offseason working with Jordan Palmer, [offseason QB Coach]. It's been a long process. It was a difficult process."I have a long way to travel. "I'm not saying I've reached my destination or that I'm there."Allen will be able to get his top three receivers back by 2021, which includes Stefon Diggs, the league's most valuable receiver from last year.