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Bills contract with Josh Allen looks amazing after recent QB extensions signed

ORCHARD PARK, NEW YORK - OCTOBER 01: Josh Allen #17 of the Buffalo Bills looks to pass as Bradley Chubb #2 of the Miami Dolphins pressures during the fourth quarter at Highmark Stadium on October 01, 2023 in Orchard Park, New York. (Photo by Timothy T Ludwig/Getty Images)
ORCHARD PARK, NEW YORK - OCTOBER 01: Josh Allen #17 of the Buffalo Bills looks to pass as Bradley Chubb #2 of the Miami Dolphins pressures during the fourth quarter at Highmark Stadium on October 01, 2023 in Orchard Park, New York. (Photo by Timothy T Ludwig/Getty Images)

There were two huge extensions signed in the NFL over the past week. As that scenario often goes, those involved the quarterback position.

Close by in the AFC East, the Miami Dolphins and Tua Tagovailoa agreed to a four-year, $212.4 million extension.

Shortly after, the Green Bay Packers and Jordan Love came together for a four-year, $220M agreement.

Onto the Buffalo Bills and Josh Allen. The Bills and their franchise QB agreed to an extension in August 2021. Considering the amount of time that has passed since then, Buffalo's front office locking up Allen early has made the deal look smarter and smarter. It has aged like a fine wine.

Most would agree (certainly in western New York, at least), that Allen is much better than Tagovailoa, Love, and many other quarterbacks who currently make more than him each year. What does that full list look like?

Here's where Allen's deal, based on per-year pay, ranks among the top-20 quarterbacks in the NFL currently:

1. Joe Burrow, Bengals: $55 million per year

While Burrow and Lawrence have equal average annual salaries now, Burrow wins the tiebreaker in the highest-paid quarterback competition given his $146.5 million in full guarantees, compared to Lawrence's $142 million.

2. Trevor Lawrence, Jaguars: $55 million per year

3. Jordan Love, Packers: $55 million per year

4. Tua Tagovailoa, Dolphins: $53.1 million per year

5. Jared Goff, Lions: $53 million per year

6. Justin Herbert, Chargers: $52.5 million per year

7. Lamar Jackson, Ravens: $52 million per year

8. Jalen Hurts, Eagles: $51 million per year

9. Kyler Murray, Cardinals: $46.1 million per year

10. Deshaun Watson, Browns: $46 million per year

11. Kirk Cousins, Falcons: $45 million per year

Cousins edges out Kansas City quarterback Patrick Mahomes here. They're tied in average annual salary at $45 million, but Cousins' contract includes $90 million fully guaranteed compared to Mahomes' $63.1 million. Mahomes beats Cousins in total guarantees ($141 million versus $100 million) due only to the length of his deal, 10 years.

12. Patrick Mahomes, Chiefs: $45 million per year

13. Josh Allen, Bills: $43 million per year

14. Dak Prescott, Cowboys: $40 million per year

Prescott, Matthew Stafford, and Daniel Jones all average $40 million in annual salary and are listed in order of full guarantees as a tiebreaker. Prescott, who is entering the final season of his contract, signed for $95 million fully guaranteed, Jones signed for $81 million and Stafford signed for $63 million.

15. Daniel Jones, Giants: $40 million per year

16. Matthew Stafford, Los Angeles Rams: $40 million per year

17. Aaron Rodgers, Jets: $37.5 million per year

Tied with Derek Carr in average annual salary, Rodgers wins the tiebreaker here with $75 million fully guaranteed in his deal compared to Carr's $60 million.

18. Derek Carr, Saints: $37.5 million per year

19. Baker Mayfield, Buccaneers: $33.3 million per year

20. Geno Smith, Seahawks: $25 million per year

This article originally appeared on Bills Wire: Bills contract with Josh Allen looks amazing after recent QB extensions signed