The Jacksonville Jaguars are signing linebacker Foye Oluokun to a three-year contract extension, according to his agent AJ Vaynerchuk.
Oluokun, 28, was due to play on the last season of the three-year contract he signed with the Jaguars in free agency during the 2022 offseason. According to Tom Pelissero of NFL Network, the new deal is a four-year contract worth $45 million with $22.5 million guaranteed.
While the exact framework of the deal hasn’t yet been revealed, the contract will likely save the Jaguars cap space for the 2024 season. Oluokun was due to count $21,750,668 against the cap next year and $7,752,000 in 2025 after a restructure last year tacked a few void years on to his deal.
Oluokun led the NFL with 184 tackles during the 2022 season and finished fourth in 2023 with 173 tackles. Oluokun also recorded 2.5 sacks, three fumble recoveries, and his first career pick-six in 2023.
Foye Oluokun makes a house call off the deflection ‼️ #JAXvsNO on Prime Video
Also available on #NFLPlus https://t.co/89nUeCngbn pic.twitter.com/6dwZB25nxD— NFL (@NFL) October 20, 2023
In his two seasons with the Jaguars, Oluokun has earned team captain honors both times.