PITTSBURGH, PA - JANUARY 14: Blake Bortles #5 of the Jacksonville Jaguars looks on prior to taking the field against the Pittsburgh Steelers prior to the AFC Divisional Playoff game at Heinz Field on January 14, 2018 in Pittsburgh, Pennsylvania.

Report: Jaguars' extension with Bortles lowers QB's 2018 cap number by $9M

8 years ago
Kevin C. Cox / Getty Images Sport / Getty

The Jacksonville Jaguars improved their outlook for the 2018 offseason while securing quarterback Blake Bortles through the 2020 campaign.

Bortles' salary-cap number will be just $10 million for next season, according to ESPN's Adam Schefter. His reported three-year, $54-million extension brings the number down from the $19 million it was set to be had he played out the season under the fifth-year option of his rookie contract. In doing so, it also opens up $9 million in cap space for the Jaguars.

Related: Jaguars sign Bortles to 3-year deal worth reported $54M

The Jaguars are now set to have roughly $30 million in cap space entering the 2018 league year on March 14, according to Over The Cap.

Bortles will reportedly earn $26.5 million in guaranteed money on the new deal.

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