Buffalo Bills’ quarterback Josh Allen is seeing some concerning news leak regarding his pocket book. This news comes shortly after he signed his massive six year contract worth $330 million.
However, Allen will be forced to forfeit an insane amount of money.
Breaking: Bills’ Josh Allen Ordered To Forfeit Over $27 Million (Report)
Jan 26, 2025; Kansas City, MO, USA; Buffalo Bills quarterback Josh Allen (17) against the Kansas City Chiefs during the AFC Championship game at GEHA Field at Arrowhead Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Jan 26, 2025; Kansas City, MO, USA; Buffalo Bills quarterback Josh Allen (17) against the Kansas City Chiefs during the AFC Championship game at GEHA Field at Arrowhead Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Fans are horrified to hear how much Buffalo Bills quarterback Josh Allen will owe in taxes on his new contract:
In March, Josh Allen and the Bills agreed to a lucrative six-year contract extension worth $330 million. It’s the second-biggest contract in NFL history, behind only the $450 million extension Patrick Mahomes signed with the Kansas City Chiefs in 2020.
Like every other honest and hard-working citizen, however, Allen will lose a good portion of his income in taxes. As noted by the ML Football X/Twitter account, more than half of Allen’s salary will be given up in taxes.
The breakdown is this: $20.35 million in federal income tax, $5.9 million in New York State taxes, $1.3 million in federal payroll taxes and $478,500 in the jock tax. That adds up to $27.08 million in taxes for a net income of $25.27 million.
🚨🚨AWFUL🚨🚨#BILLS QB JOSH ALLEN WILL ONLY MAKE 25 MILLION DOLLARS AFTER TAXES IN NEW YORK.
Federal Income Tax: $20.35M⁰New York State: $5.9M⁰Federal Payroll Taxes (FICA): $1.3M⁰Jock Tax: $478.5K⁰Total Taxes: $27.08M⁰Net Income: $25.27M
MORE THAN HALF OF HIS SALARY 😱 pic.twitter.com/u4lU821Z9q
— MLFootball (@_MLFootball) June 9, 2025
Buffalo Bills quarterback Josh Allen (17) exits the field after 48-42 win over Detroit Lions at Ford Field in Detroit on Sunday, Dec. 15, 2024.
Buffalo quarterback Allen (17) exits the field after 48-42 win over Detroit Lions at Ford Field in Detroit on Sunday, Dec. 15, 2024.
Football fans had plenty of hysterical reactions to Josh Allen’s giant tax bill.
“Poor guy can’t catch a break,” said a user.
“That’s why you don’t live in NY,” said another.
Bro I couldn’t afford groceries under that salary,” a user joked.
“mans paying more in taxes than my annual salary,” wrote a fan.
“Aka congress please get to passing HR 25,” said another.
Indeed, Josh Allen will be just fine. He signed a $258 million extension back in 2021 and got millions of dollars on his rookie deal before that. He makes plenty of money in endorsements, too.
Allen and the reigning AFC East champions will look to kick off the 2025 season on a high note when they play host to Lamar Jackson and the Baltimore Ravens on ‘Sunday Night Football’ in Week 1.
This will be a rematch of their thrilling Divisional Round tilt, where Buffalo narrowly hung on for a 27-25 win after Baltimore tight end Mark Andrews dropped a game-tying two-point conversion attempt in the waning seconds.
Dec 1, 2024; Orchard Park, New York, USA; Buffalo Bills quarterback Josh Allen (17) during the second half against the San Francisco 49ers at Highmark Stadium. Mandatory Credit: Gregory Fisher-Imagn Images
Dec 1, 2024; Orchard Park, New York, USA; Buffalo quarterback Allen (17) during the second half against the San Francisco 49ers at Highmark Stadium. Mandatory Credit: Gregory Fisher-Imagn Images
For All NFL And College Football Content:
Follow me on X (formerly Twitter) at @mcquadewarnold . Also, do not forget to follow us at On Twitter for even more great football content. To read more of our articles and keep up to date on the latest in the world of the NFL – especially with all the trade rumors swirling around and free agency new s – college football, and more,click here!