Jacksonville Jaguars quarterback Foye Oluokun has secured his future with the team by agreeing to a new long-term contract.The deal comes as Oluokun entered the final year of his previous three-year, $45 million contract with the Jaguars. March 2022. Notably, the previous deal had no guaranteed money and ran for three years from 2025-27.Josh Allen’s own cap hit is expected to drop if he signs a long-term deal. His current number two ($24 million) is due to the franchise tag, which he has yet to officially accept this upcoming season.Luokun’s impact on the field has been huge, especially with his prolific tackling ability.
Since his last season with the Atlanta Falcons in 2021, he has consistently impressed.For the Jaguars, this new deal serves two purposes. This will not only solidify Oluokun’s presence in the team, but it will also help alleviate his significant salary cap for next season. Oluokun currently has a cap hit of $21.8 million, the fourth highest on the team behind Christian Kirk, Josh Allen and Cam Robinson.Oluokuni’s new deal is four years and worth $45 million, according to NFL Network’s Tom Pelissero. . The deal includes $22.5 million in guaranteed money at signing, tying Oluoku to the Jaguars through the end of the 2027 season..