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With $200 million (£157 million) guaranteed, the external reports value the contract at $55 million (£43 million) year, making the 24-year-old quarterback tied with Joe Burrow of the Cincinnati Bengals for highest salary.
If a long-term deal hadn't been completed, Lawrence, the first overall pick in the 2021 NFL Draft, would have played for $5.6 million (£4.4 million) on a rookie contract in 2024.
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