Jaguars finalizing 3-year contract extension with Blake Bortles

The Jacksonville Jaguars apparently are sticking with Blake Bortles as their quarterback of the immediate future.

The Jags and Bortles are working on a 3-year, $54 million contract extension that includes $26.5 million guaranteed, according to ESPN’s Adam Schefter.

Jaguars are giving QB Blake Bortles a new three-year, $54 million deal, worth up to $66.5M with incentives, that includes $26.5M guaranteed, tying him to Jacksonville through the 2020 season, per source.

Jacksonville out of QB market.

— Adam Schefter (@AdamSchefter) February 25, 2018

Many thought that the Jaguars would seek an upgrade at quarterback this offseason, especially with some quarterbacks on the market, but it’s clear they believe they can win with Bortles.

Bortles, 25, passed for 21 touchdowns and 13 interceptions last season. He helped the team beat the Bills and Steelers en route to an AFC Championship Game appearance. He threw for 594 yards, three touchdowns and no interceptions during the postseason. His postseason play may have convinced the Jags to continue building with him.