Joseph Lee Burrow or Joe Burrow is one of the most promising quarterbacks in the NFL currently. The Cincinnati Bengals quarterback was drafted by the franchise in the 2020 NFL Draft. His rookie season got cut short due to an injury but he bounced back in his second NFL season. Burrow helped end the longest playoff drought in the history of the NFL by helping the Bengals register a playoff win. The Bengals made it to Super Bowl 2022 but ended up losing to the Los Angeles Rams in a closely contested match up.
Burrow is currently tied to the Cincinnati Bengals with a 4-year rookie contract which he had signed when being drafted by them in 2020. His new contract extension will take effect from next year onwards as the Bengals and Burrow have reached an agreement for the future.
Joe Burrow Contract Breakdown
Here is a breakdown of Joe Burrow’s current contract with the Cincinnati Bengals :
Year | Signing | Average Salary | Guaranteed at Signing | Total GTD |
4 yr(s) / $36,190,137 | $23,880,100 | $9,047,534 | $36,190,137 | $36,190,137 |
Year | Base Salary | Signing | Cap Hit | Dead Cap | Yearly Cash |
2020 | $535,878 | $5,970,025 | $6,505,903 | $36,190,137 | $24,472,367l ($24,472,367) |
2021 | $780,000 | $5,970,025 | $8,225,031 | $29,610,112 | $2,255,006($26,727,373) |
2022 | $895,000 | $5,970,025 | $9,870,037 | $21,385,081 | $3,900,012($30,627,385) |
2023 | $1,010,000 | $5,970,025 | $11,515,043 | $11,515,044 | $5,545,018($36,172,403) |
How much is Joe Burrow getting paid?
As per the contract extension, Joe Burrow will be paid a colossal $275 million in 5 years which includes includes $219.01 million guaranteed. This deal has now made the Bengals QB1 the highest player in the history of the NFL. He has eclipsed the contracts of Jalen Hurts, Lamar Jackson and Justin Herbert all of whom signed new deals with their respective franchises this year.
Currently though, Joe Burrow’s rookie contract worth $36.1 million is earning him around $9.04 million annually. Burrow is set to earn around $1,010,000 of base salary in 2023. Apart from his base salary, he will also earn a roster bonus of around $4.5 million in 2023. In 2022 Joe Burrow’s contract carries a cap hit of nearly $11.5 million.
How much does Joe Burrow make in a minute?
As per Joe Burrow’s current contract he is earning almost $17.2 per minute. Burrow has an impressive rookie contract.
What are the terms of Joe Burrow’s Contract?
Joe Burrow signed an entry level rookie contract when he was drafted by the Cincinnati Bengals in the 2020 NFL Draft. The four-year contract is worth $36.19 million. All of the contract amount is guaranteed to be received by Burrow, who received a portion of it as a signing bonus of $23.8 million.
He missed his first season due to injuries and missed out on the roster bonus included in his contract. In 2021 Burrow received a roster bonus of $1.475 million apart from his base salary and signing amount. In 2022 he is set to earn a roster bonus of $3 million and in 2023 if he is part of the roster he can earn $4.5 million in bonuses.
How much of Joe Burrow’s Contract is guaranteed?
Burrows contract extension now has a $219,010,000 guarantee which will come into play from 2024 onwards.
As for his rookie contract, it is fully guaranteed. This means that Joe Burrow is guaranteed to receive the entire amount of his stipulated contract with the Bengals irrespective of whether he is able to play or not. Burrow received his salary in his rookie season although he spent the major part of it out injured.
The guaranteed amount of Joe Burrow’s rookie contract is $36,190,137.
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FAQs
A. The starting quarterback for the Cincinnati Bengals is Joe Burrow.
A. Joe Burrow being the number one pick in 2020, signed a rookie deal with the Bengals worth $36,190,137 over four years.
A. Joe Burrow's contract extension has made him the highest earner in the league. He has signed a five-year, $275 million contract.
A. Joe Burrow was the number 1 overall pick by the Cincinnati Bengals in 2020.
A. As of September 2023, Joe Burrow is 26 years old. He will turn 27 in December 2023.