The Jaguars entered the offseason with lots of money to spend. They haven't had any issue spending it.

On Thursday, the Jaguars extended Allen Hurns' contract, which had one year remaining, for four additional years. Pro Football Talk first reported the news, while NFL Network's Ian Rapoport reported on the financial details. As CBS Sports NFL Insider Jason La Canfora confirms, Hurns' four new years are worth up to $40 million with up to $20 million in guarantees.

CBS Sports' Pete Prisco thinks it's a great move for the Jaguars.

Hurns, 24, earned a little more than $500,000 last season, in which he caught 64 passes for 1,031 yards and 10 touchdowns. So, clearly, Hurns deserved a higher rate of pay, which he got on Thursday.

Teammate Allen Robinson approved of Hurns' raise.

With Hurns paired alongside Robinson (1,400 yards and 14 touchdowns last year), Blake Bortles has one of the best receiver duos in the league. Earlier this offseason, the Jaguars quarterback ranked them No. 1.

"A-Rob is obviously the guy that can go downfield, can jump and can make the big play," Bortles told NFL.com in April. "And Hurns is Mr. Reliable, doesn't drop a whole lot of balls, is always in the right place at the right time. And they work well together, they feed off of each other, they root for one another. So it's pretty cool to see, to watch them grow and grow with them as an offensive unit."

The extension capped an incredibly successful offseason for the Jaguars, who are finally gaining some ground in the AFC South. In free agency, the team used its cap space to lure away Malik Jackson from Denver and land its most prized signing of the spring. And, in the draft, they snagged two top-10 talents in Jalen Ramsey and Myles Jack.

Welcome to 2016, where the Jaguars might actually be loaded with talent. On Thursday, the Jaguars made sure one of those talented players will be with them for the long haul.

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Allen Hurns just got himself a pay raise. USATSI