According to Schefter, Bortles’ new contract includes $26.5 million guaranteed through the 2020 season.
Recent reports said that the Jaguars were looking into the available quarterback positions. However, it appears as though they determined that it was better to commit to Bortles for the foreseeable future.
Bortles, 25, was taken with the No. 3 overall pick by the Jaguars back in 2014. He’s currently in the final year of his four-year, $20,654,796 rookie contract and stands to make a base salary of $3,236,565 for the 2017 season.
The Jaguars picked up his fifth-year option and will run them around $19,053,000 for the 2018 season. After that, Bortles will be a free agent in 2019.
In 2017, Bortles appeared in 16 games for the Jaguars and threw for 3,687 yards while completing 60.2 percent of his passes to go along with 21 touchdowns and 13 interceptions. He also rushed for 322 yards and two scores. Pro Football Focus has him rated as the No. 18 quarterback out of 39 qualifying players.