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Jaguars, Blake Bortles Finalize 3-Year Extension Worth $54M

Jaguars, Blake Bortles Finalize 3-Year Extension Worth $54M

Sure, Bortles just signed a life-changing contract, but this deal pales to what other quarterbacks are getting.

"Everybody dreams of making $100 million, or the quarterbacks are kind of expected to sign that big deal, and that was never something that was very important to me", Bortles said. Cousins is going to get his $28-30 million per season, and that's just that.

At best, the Jaguars' haste to get a deal done forced them to give Bortles a little more money than the market would have dictated. The Jaguars have the option of signing the fourth-year player to a long-term deal, giving him the franchise tag or allowing him to test free agency where it is nearly a guarantee he will sign with another franchise. Caldwell drafted many of those defenders, including All-Pro cornerback Jalen Ramsey, pass-rusher Yannick Ngakoue and linebackers Telvin Smith and Myles Jack. The deal includes $26.5 million guaranteed.

The extension means that the Jaguars will not be pursuing Kirk Cousins or any other starting QB in free agency, nor will they try to work a trade with the New York Giants for Eli Manning.

The Jaguars had picked up their option for the 2018 season on Bortles' rookie contract previous year.

The contract also lowers Bortles 2018 salary cap hit by more than a million bucks. Per a league source with knowledge of the situation, the Jaguars now are exploring their options, actively.

"Blake's growth and development last season was a key to the success we had as a team", said Tom Coughlin. That tells you all you need to know about where Coughlin is on Bortles. What if Bortles played on his fifth-year option and had a career year? Far from it. But he did enough to get a contract extension from the Jacksonville Jaguars that will add two years to his current deal and keep him tied to the Jaguars through the 2020 season.

The 25-year-old former first-round pick threw for 3,687 yards, 21 touchdowns and 13 interceptions. Bortles has a chance to make an additional $12.5 million in incentives. If he plays well, he wouldn't get any cheaper after next year. Which would have paid him so much that it would have made no sense to also draft a potential franchise quarterback? He led a pair of fourth-quarter touchdown drives to help the Jaguars beat the Steelers 45-42. They pick at No. 29 in the first round and No. 61 in the second. I guess it's time to find out. Perhaps, if Bortles continues to improve, that next guy won't be needed for several years.

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