According to multiple reports, the Jaguars will sign Bortles to a contract extension that will keep him with the team through the 2020 season.
Bortles, 25, will receive reportedly a three-year, $54 million deal from Jacksonville that includes $26.5 million in guaranteed money and can reach $66.5 million if he reaches all of his incentives, according to ESPN's Adam Schefter.
The Jaguars announced the move Saturday, one day after handing out two-year extensions to top executive Tom Coughlin, coach Doug Marrone and general manager Dave Caldwell.
Bortles had the best season of his four-year career, yet only managed a 55.5 QBR.
After compiling an 11-34 record as a starter in his first three seasons, Bortles helped Jacksonville go 10-6 in the regular season, get its first playoff victories since the 2007 postseason and come within one victory of the Super Bowl in 2017. They advanced to the AFC title game for the first time since 2000, losing to New England 24-20 after having a 10-point lead in the fourth quarter.
What should be noted is that Bortles was already under contract for the 2018 season on the fifth-year option of his rookie deal worth $19 million that was picked up last offseason.
Bortles finished the 2017 season with 3,687 yards, 21 touchdowns and 13 touchdowns.
He played in the first year of coordinator Nathaniel Hackett's system and with four rookies - including running back Leonard Fournette and left tackle Cam Robinson - on offense. But it seems to be a stretch to believe the team will move on from Bortles.
The Jaguars drafted Bortles third overall in 2014. The Jags sent a strong message by moving to lock Bortles up long term weeks before free agency.
Bortles' toughness was another reason he gained respect in the locker room and from the coaching staff.
He has passed for 90 touchdowns against 64 interceptions in four National Football League seasons after being the third overall pick in the 2014 National Football League draft.