Jaguars GM addresses Trevor Lawrence extension talks

That option will check in at a price of $25.66M, a figure far below the going rate for franchise quarterbacks. The former first overall pick has not lived up to expectations to date, but he is squarely in Jacksonville’s long-term plans. Young passers are often extended after three years in the league – the first point of eligibility for a second contract – and it would come as no surprise if a Lawrence deal were to be worked out in 2024.

Talks on that front will be lengthy, however, something general manager Trent Baalke confirmed when speaking on the subject. A monster deal was recently hammered out with Pro Bowl edge rusher Josh Allen, removing one major task from the Jaguars’ to-do list. A Lawrence agreement will be much more expensive, though, and Baalke acknowledged patience will be required while adding he aims to find a resolution relatively soon.

“We’ve had some great talks and great conversations,” Baalke said (via NFL.com). “We’re working, but you can’t force this stuff. I said the same thing with Josh’s situation, I said it would take some time and it did. But we’re glad it got completed when it did so we could go into this offseason program knowing that’s behind us and we can move forward. We’re working at it, we’ll continue to work at it. Ownership is involved, obviously. Coach [Doug Pederson] is involved; we’re going to put our best foot forward and hope to get something accomplished here.”

Pederson’s arrival in 2022 led to expectations Lawrence would be able to rebound from a forgettable rookie campaign under Urban Meyer. That season, Jacksonville managed to reach the divisional round of the postseason amidst a strong showing on offense. A regression this past campaign – one in which Lawrence battle multiple injuries – left the team out of the postseason, however. The 24-year-old could thus be hard-pressed to command a deal similar in value to those signed by the likes of Joe Burrow, Justin Herbert, Lamar Jackson and Jalen Hurts last offseason.

Those four pacts brought the top of the QB market past $50MM per year, and healthy salary cap increases will no doubt keep moving the position’s financial landscape further. Lawrence is among the signal-callers set to benefit from that trend as early as this offseason, and it will be interesting to see how much traction is gained on contract talks over the coming weeks.