JACKSONVILLE, Fla. -- Jaguars quarterback and No. 1 overall pick Trevor Lawrence signed his four-year rookie contract Monday, clearing the way for him to attend the start of training camp in three weeks.
Under the NFL's rookie slotting system, Lawrence's deal was projected to be worth $36.8 million and included a $24.1 million signing bonus. He will count $6.7 million against the salary cap in 2021. The contract also includes a fifth-year option that is attached to every rookie deal for first-round selections.
A source told ESPN's Adam Schefter that details of the contract include:
Lawrence's signing bonus will be paid within 15 days and the quarterback is deemed to have passed his physical for signing bonus purposes.
There is no offset language in the contract, meaning that he would still receive the full amount of guaranteed money remaining in his contract even if he were to be released and sign with another team.
The majority of Lawrence's compensation will come in his roster bonuses in 2022, 2023 and 2024. He will earn that bonus if he is on the 90-man roster on the third day after the mandatory reporting date.
Lawrence will earn his roster bonus even if he is on the active non-football injury list.
With Lawrence under contract, Jacksonville has now signed six of its nine draft picks. Running back Travis Etienne (first round), cornerback Tyson Campbell (second) and offensive tackle Walker Little (second) remain unsigned.
Lawrence is expected to be an immediate starter in Year 1. He went 34-2 at Clemson, recording the third-best winning percentage by a starting quarterback (minimum 30 starts) in college football since 1978. He finished his college career undefeated in regular-season play and led the Tigers to the national championship as a freshman in 2018.
The Associated Press contributed to this report.