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Foye Oluokun signs a fresh four-year contract worth $45 million with the Jaguars amid the free agency period.
Jacksonville Jaguars linebacker Foye Oluokun has secured his future with the team by agreeing to a new long-term contract. As reported by NFL Network’s Tom Pelissero, Oluokun’s fresh deal spans four years and carries a value of $45 million, including $22.5 million in guaranteed money upon signing, binding him to the Jaguars until the conclusion of the 2027 season.
This agreement comes as Oluokun was entering the final year of his previous three-year, $45 million contract signed with the Jaguars in March 2022. Notably, the previous deal had no remaining guaranteed money and incorporated three void years from 2025 to 2027.
From the Jaguars’ standpoint, this new contract serves a dual purpose. It not only solidifies Oluokun’s role on the team but also helps alleviate his substantial salary cap hit for the upcoming season. Presently, Oluokun carries a cap charge of $21.8 million, ranking as the fourth-highest on the team behind Christian Kirk, Josh Allen, and Cam Robinson.
Josh Allen’s own cap hit is anticipated to decrease once he finalizes a long-term agreement, as his current $24 million cap allocation originates from the franchise tag, which he has yet to formally accept for the upcoming season.
Oluokun’s impact on the field has been significant, particularly evident in his prolific tackling ability. Dating back to his final season with the Atlanta Falcons in 2021, he has consistently amassed impressive tackle numbers, surpassing 173 combined tackles in each of the past three seasons.