Trevor Lawrence was bound to get a big second contract after being selected No. 1 overall in the 2021 NFL Draft. The Jaguars took care of that business before his fourth season in the NFL.

Lawrence would have been in the final year of his initial four-year rookie deal. Now, he's signed long-term as the franchise QB in Jacksonville despite some shaky play and making only one Pro Bowl early in his career.

Here's breaking down how much Lawrence has made and will continue to make in the league as he tries to live higher up to expectations.

Lawrence got the best rookie contract of any player drafted in 2022 with a four-year, all-guaranteed approximate $36.8 million deal. That draft value has gone up to $39.4 million for Bears rookie QB Caleb Williams, the No. 1 overall pick in 2024.

At signing, Lawrence was guaranteed approximately $27.6 million, which amounts to the first three years, or 75 percent of the total contract value.

Lawrence was extended on a five-year deal worth $275 million. That puts him at an annual average salary of $55 million. In terms of total contract value and AAV, those numbers match that of Bengals quarterback Joe Burrow.

It's notable that Burrow, the No. 1 overall draft pick in 2020, got a massive bump from the second contract signed by Kyler Murray, the No. 1 overall draft pick in 2019. Murray got a five-year, $230.5 million deal from the Cardinals, averaging to $46.1 million a season.

In contrast, the total and annual value of Lawrence remained static from Burrow's base salary parameters, unlike what Burrow got in relation to Murray after succeeding him as the top pick. That means Burrow was well rewarded for passing the Bengals past Patrick Mahomes and the Chiefs in the playoffs for an AFC championship in 2022.

Lawrence doesn't have the same individual or team accomplishments as Burrow yet, having led the Jaguars to only one playoff berth as the AFC South champions, also in 2022.

For his guaranteed money, Lawrence ended up with $200 million, now the sixth quarterback to have that distinction after Dak Prescott set the new pace with $231 million in his new Cowboys contract. Also ahead of Lawrence in guarantees are the Browns' Deshaun Watson ($231 million), Burrow ($219 million), the Chargers' Justin Herbert ($218.7 million), and Mahomes ($210.6 million).

Lawrence is just ahead here, however, of now two-time NFL MVP Lamar Jackson ($185 million) and Philadelphia's Jalen Hurts ($179.399 million), who were both also taken in previous drafts. No other QB taken in the first round of the 2021 draft —Zach Wilson, Trey Lance, Justin Fields, or Mac Jones — will surpass Lawrence, as none are still on their original teams and all are trying to stick on second teams.

Lawrence's Performance and Future

Lawrence's career numbers need some work. His passer rating going into Week 3 of the 2024 season is only 84.9, putting him No. 29 among active QBs, which includes more seasoned veteran backups and bridges. He also went into his 53rd career regular-season start at 20-32, for a winning percentage of only .384.

For now, Lawrence got paid his big-money deal because of a rising QB market and the Jaguars' belief that he has Burrow-like upside. Lawrence will have a few more seasons to prove it, however, as the earliest Jacksonville can get out of his contract without taking a hit in dead money is after the 2028 season.

Trevor Lawrence's Financial Success Beyond the Field

Trevor Lawrence has quickly become one of the most prominent faces in the NFL. Before the start of the 2024 season, the star quarterback for the Jacksonville Jaguars signed one of the most lucrative contracts in league history.

After a strong start to his NFL career, Lawrence signed a five-year contract extension worth a staggering $275 million in June. This deal, which included a hefty $37.5 million signing bonus and $200 million in guarantees, places him among the highest-paid quarterbacks in NFL history.

Lawrence's financial acumen extends beyond his NFL salary and endorsement deals. When he signed his initial contract with the Jaguars, he received a $24.1 million signing bonus. Instead of simply holding on to this cash, Lawrence chose to invest a substantial portion of it in cryptocurrencies through his partnership with Blockfolio. Reports suggest that he's invested around $22 million into digital assets, including Bitcoin, Ethereum, and Solana.

Lawrence's Lifestyle and Philanthropic Efforts

Living the life of a top NFL quarterback, Trevor Lawrence owns a luxurious mansion in Jacksonville, Florida. The 5,886-square-foot home, which he purchased in 2021 for $3.4 million, boasts five bedrooms, a home theater, a gym, and a backyard with a pool and patio.

Lawrence isn't just focused on wealth and luxury, though-he's also committed to giving back. Alongside his wife, Marissa Mowry, he co-founded the Trevor and Marissa Covid-19 Relief Fund, which supports families affected by the pandemic. The couple also donated $20,000 to Jacksonville-based charities after their wedding in 2021, underscoring their dedication to philanthropy.

The Future for Trevor Lawrence

With a massive contract and a strong commitment to his craft, Trevor Lawrence has established himself as a key figure in the Jacksonville Jaguars' future. As he continues to develop and mature as a player, The potential for him to achieve greatness remains high. While his performance on the field will ultimately determine his legacy, his financial success off the field is already a testament to his savvy and foresight. The future looks bright for Trevor Lawrence, both in terms of his football career and his financial well-being.