Justin Fields Contract

Last Modified Jan 3, 2024 20:18 GMT

Justin Fields is one of the most promising quarterbacks in the National Football League (NFL). He has been playing for the Chicago Bears since 2021. The dual-threat quarterback was drafted in the first round of the 2021 NFL Draft. He signed a rookie contract of four years with the Chicago Bears. The going has been very tough for Fields at Solider Field especially since the Bears do not have enough weapons to support him. However, things could be on the up for Fields as the Bears hold the number one overall pick in the 2024 NFL Draft.

In his first two seasons in the NFL, Fields started 25 games compiling a 5-20 record. It is safe to say that these are not good numbers for an early first-round quarterback pick, however, the Bears have been a struggling team for several years now. In any case, let us take a look at what Justin Fields contract looks like in this article.

Justin Fields Contract
Justin Fields at the time of signing his Bears contract in 2021

Justin Fields Contract

This Justin Fields Contract is his rookie contract which he signed with the Chicago Bears in 2021 after his selection. The 4-year contract is worth $18,871,957 and includes a signing bonus of $11,085,060. The fully guaranteed contract gives Fields an average annual salary of $4,717,989. The contract has a cap hit of $5,146,897 in the 2023 season and the dead cap value is $11,151,610.

Here is a breakdown of Justin Fields’ current four-year rookie contract with the Chicago Bears:

ContractSigning BonusAverage SalaryGTD at SignTotal GTD
4 yr(s) / $18,871,957$11,085,060$4,717,989$18,871,957$18,871,957
YearBase SalarySigning BonusRoster BonusCap Hit Dead CapYearly Cash
2021$660,000$2,771,265-$3,431,265$18,871,956$11,745,060($11,745,060)
2022$825,000$2,771,265$692,816$4,289,081$15,440,691$1,517,816($13,262,876)
2023$1,187,816$2,771,265$1,187,816$5,146,897$11,151,610$2,375,632($15,638,508)
2024$1,616,724$2,771,265$1,616,724$6,004,713$6,004,713$3,233,448($18,871,956)
20255th Year Contract Extension Option

How long is Justin Fields' contract with the Bears?

Justin Fields' entry-level contract which he signed with the Bears in 2021 is for a duration of 4 years. However, it does come with an option for the 5th year which means that should the Bears exercise the 5th year of his contract, Fields is set to become an unrestricted free agent in 2026.

How much is Justin Fields getting paid?

Fields’ current contract is paying him approximately $4.7 million a year on average. By the end of 2024, he is set to earn $18.87 million from the contract. In 2023 Justin FIelds will earn a base salary of $1,187,816 and a roster bonus of $1,187,816.

How much money does Justin Fields make in a minute?

Fields’ is currently on a rookie contract that runs for four years. The $18.87 million contract is worth approximately $9 per minute of the contract duration.

How much of Justin Fields’ Contract is guaranteed?

A contract guarantee is an amount that is set to be earned by a player regardless of whether the terms of the contract are fulfilled or not. Fields’ rookie contract worth $18.87 million is fully guaranteed. The whole contract amount is set to be earned by him.

What are the terms of Justin Fields’ Contract?

Justin Fields' current contract comes with the following terms

  1. Fully Guaranteed
  2. 5th-year option available
  3. May include training camp roster bonuses offsetting salary

Justin Fields’ contract is worth $18,871,957, and the duration is for four years. The Bears have the option to extend his contract duration by choosing the fifth-year option in the contract. The whole amount of the contract is guaranteed. The contract also includes a roster bonus of $692,816 for 2022. The roster bonus for 2023 and 2024 are $1,187,816 and $1,616,724 respectively.

Justin Fields Career Earnings

Justin Fields is currently in only his third year in the NFL. He is still playing on his rookie contract which means he has not yet signed one of the high-end contracts that NFL players receive especially those playing quarterback. As a result, Fields' net worth is still relatively low but that should change in about a year's time.

YearTeamEarnings
2021Chicago Bears$11,745,060
2022Chicago Bears$1,517,816
2023Chicago Bears$2,375,632
Total-$15,638,508

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FAQs

A. Justin Fields is 24 years old as of January 2024. He was born on March 5, 1999.

A. Justin Fields was born in Kennesaw, Georgia in 1999.

A. Justin Fields is a 6 ft 3 in (1.91 m) tall quarterback which places him in the standard range for NFL quarterbacks.

A. As a freshman in high school, Justin Fields was diagnosed with epilepsy.

A. Justin Fields holds the NFL record for the most rushing yards by a quarterback in a regular season game with 178.

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