Joe Burrow Contract Details: How much will Bengals sensational QB earn in 2023?

Posted by Na Lin on Thursday, July 4, 2024

The Cincinnati Bengals of the National Football League have a young star in Joe Burrow. His father trained him as his coach to bring out the best in Joe after realizing their son had a future in football. He had his dream defined at a very young age because he comes from a lineage of athletes. Amidst all the speculations about the player, what are Joe Burrow’s contract details?

Burrow, in September 2023, became the highest-paid NFL player ever in the history of the league. But before we dive into his contract details, let’s understand his background. Joe Burrow began his journey in Ohio, which resulted in his school’s first seven victories in the playoffs in its history. His career took off after he won the state Mr. Football award and the Gatorade Player of the Year award in 2014.

The 2020 NFL draft chose Joe Burrow in the first round. The Cincinnati Bengals selected the 2019 Heisman Trophy winner. He was the first rookie quarterback to throw for more than 300 yards in all three games, winning his first game against the Jacksonville Jaguars. His debut took place against the Los Angeles Chargers.

He recovered from an injury during the 2021-2022 season and led his team to Super Bowl LVI, where they lost to the Los Angeles Rams. His latest accomplishment was becoming the highest paid NFL athlete in September 2023, a day before the new season commenced.

Related:Odell Beckham Jr. Contract Details

Joe Burrow’s current contract breakdown

In a historic moment for the NFL, Joe Burrow shattered records as the Cincinnati Bengals secured his position as the highest-paid player of all time. The quarterback has inked an astonishing $275,000,000 contract spanning five years, promising him an annual income of up to $55 million. The deal came to fruition in the first week of September 2023, just a day before the new season started.

CONTRACTAVG. SALARYGTD AT SIGNSIGNED USINGFREE AGENT
5 yr(s) / $275,000,000$55,000,000$219,010,000Maximum Extension2030 / UFA

CONTRACT: 5 yr(s) / $275,000,000

AVG.SALARY: $55,000,000

GTD AT SIGN: $219,010,000

SIGNED USING: Maximum Extension

FREE AGENT: 2030/UFA

Joe Burrow salary breakdown

  • Current Salary: $55,000,000
  • Salary Per Month: $4,583,333
  • Salary Per Week: $1,057,692
  • Salary Per Game: $3,243,902
  • Salary Per Quarter: $919,643
  • Salary Per Minute: $53,271

Joe Burrow’s previous contracts and salaries

The contract that Burrow signed in 2020 is worth $36,190,137, which is also guaranteed pay, plus a massive $23,880,100 signing bonus. Additionally, a median salary of $9,047,543.

Talking about his rookie year, Burrow was paid a base salary of $535,878 which covered his signing bonus of $5,970,025, making it a yearly cash of $24,472,367. A handsome figure indeed that followed an incremented sum in the year 2021 with a base salary of $780,000, adding a roster bonus of $1,475,006. The player made a base salary of $895,000 plus an additional roster bonus of $3,005,012, maintaining a yearly cash of $3,900,012 in 2022.

{2020} – {2024}

CONTRACTAVERAGE SALARYGTD AT SIGNSIGNED USINGFREE AGENT
4 yr(s) / $36,190,137$9,047,53400$36,190,137Maximum Extension2025 / UFA

(Figures via Spotrac.com)

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