Christian McCaffrey’s Contract

Last Modified Sep 7, 2024 13:08 GMT
Christian McCaffrey Contract
Christian McCaffrey - San Francisco 49ers vs. Washington Commanders

Christian McCaffrey (born on June 7, 1996, in Castle Rock, Colorado, USA) is an American football running back who currently plays for the San Francisco 49ers in the National Football League (NFL). McCaffrey attended Regis Jesuit High School in Colorado for his freshman season. For the rest of his high school education, McCaffrey attended Valor Christian High School. McCaffrey developed as a versatile player with the ability to play the position of a running back, wide receiver, cornerback, and punter.

McCaffrey played college-level football for the Stanford Cardinals football team. His college career was extremely successful seeing him score a total of 33 touchdowns of which 21 of them were rushing touchdowns. Of his few years with the Stanford Cardinals, McCaffrey’s sophomore year was the most successful, as he broke multiple records, was named Consensus All-American, Pac-12 Player of the Year, Associated Press College Football Player of the Year, and won the coveted Paul Hornung Award. Over and above this, he also was the runner-up of the Heisman Trophy award which was won by Derrick Henry. McCaffrey was drafted as the 8th pick in round 1 of the 2017 NFL draft by the Carolina Panthers. He was very successful as a running back for the Panthers and was able to make a name for himself in the NFL. In 2022, McCaffrey was traded to the San Francisco 49ers in exchange for 4 draft picks.

Also Read: Christian McCaffrey Net worth

Christian McCaffrey Contract Breakdown

Christian McCaffrey has signed a new 2-year extension with the San Francisco 49ers in June 2024 which is worth $38 million. The contract with the 49ers includes a $14,290,000 signing bonus with a total guaranteed amount of $24,000,000. In 2024, McCaffrey will earn a base salary of $1,210,000.

ContractSigning BonusAverage SalaryGTD at SignTotal GTD
2 yr(s) / $38,000,000$14,290,000$19,000,000$24,000,000$24,000,000
YearBase SalarySigning BonusOptionWorkoutCap HitDead CapYearly Cash
2024$1,210,000$14,290,000--$6,682,588$28,288,000$16,000,000
2025$1,255,000-$14,245,000$200,000$9,806,000$22,076,000$16,200,000
Potential Out
2026$1,300,000-$10,550,000$150,000$9,767,000$8,574,000$12,500,000
2027$16,850,000--$150,000$25,317,000$5,716,000$17,500,000

How much is Christian McCaffrey getting paid?

Christian McCaffrey penned a new contract extension with the 49ers in June 2024. With the new contract, McCaffrey’s average annual salary has reset the running backs market to an extent as he will be earning $19 million. In 2024, McCaffrey will earn a base salary of 1,210,000 along with the $14,290,000 signing bonus.

How much money does Christian McCaffrey make a minute?

As the league’s highest-paid running back, it comes as no surprise that McCaffrey would be earning an enormous amount of money. He earns $36.14 per minute with an annual salary of $19 million. To put this into perspective, his earnings per minute are nearly 5 times the minimum wage per hour in the United States which is $7.25 per hour.

How much of Christian McCaffrey’s contract is guaranteed?

The guaranteed amount of Christian McCaffrey’s contract is $24 million. With a contract worth $38 million, Christian McCaffrey will be earning an average of $19 million per year. The incentives and contract terms in the NFL can vary based on the player and team. Christian McCaffrey has ensured that a sizeable amount of his contract is guaranteed.

What are the terms of Christian McCaffrey’s contract?

As per the terms of Christian McCaffrey’s contract, he signed a 2-year extension that fixates him with the San Francisco 49ers franchise until the end of the 2027 season. The contract guarantees him $24 million.

The contract also comes with the following terms:

  1. $24 million guaranteed at the time of signing (signing bonus + 2024 salary + $8.5 million of 2025 option bonus)

  2. 2025 Option Bonus: $14.245 million ($8.5 million guaranteed, due on 4/1/2025)

  3. 2026 Option Bonus: $10.55 million (due on 4/1/2026)

Christian McCaffrey Career Earnings

McCaffrey has been playing in the professional league for seven years now. He first signed a rookie deal with the Panthers in 2017. Normally rookie contracts are quite low, but since he was a first-round pick he still earned a little over $17 million over his first four years. As of 2024, he is playing through his second NFL contract and his career earnings have gone up quite a bit. As of 2024, the 49ers running back has earned a shade over $65.6 million.

YearTeamEarnings
2017Carolina Panthers$11,144,128
2018Carolina Panthers$1,248,695
2019Carolina Panthers$2,081,666
2020Carolina Panthers$22,337,274
2021Carolina Panthers$8,237,500
2022Carolina Panthers$7,910,000
2022San Francisco 49ers$690,000
2023San Francisco 49ers$12,000,000
Total-$65,649,263

Christian McCaffrey Contract History

McCaffrey has signed a total of three contracts in his career. the information of his contract history below:

Rookie Contract (2017-2021)

McCaffrey signed a contract with the Carolina Panthers, securing a four-year term with a full guarantee on the signing bonus and base salary.

Second Contract (2020-2025)

McCaffrey’s extension with the Panthers was four-year long with an average salary $16,015,875 pe year.

Third Contract (2023-2025)

His third contract was with the San Francisco 49ers for two years with an average annual salary of $19,000,000.

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FAQs

A. Christian McCaffrey signed a 2-year, $38 million deal with the San Francisco 49ers. He will earn up to $19 million annually on average.

A. With his new contract worth $275 million, Joe Burrow from the Cincinnati Bengals is the highest-paid player in the NFL. His average annual salary is $55 million.

A. Christian McCaffrey is extremely fast. He recorded a speed of almost 22 mph in a touchdown run spanning 84 yards.

A. Christian McCaffrey was traded to the San Francisco 49ers in 2022. Before the 49ers, McCaffrey used to play for the Carolina Panthers.

A. Christian McCaffrey still has two years left on his contract. He will become a free agent in 2027.

A. Christian McCaffrey is the highest paid running back in the NFL in 2024 with an average annual salary of $19 million.

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