Myles Garrett is a Cleveland Browns player who has been playing in the National Football League (NFL) since 2017. The highly rated defensive end was drafted by the Cleveland Browns in 2017 as pick number 1 of Round 1. He signed a fully guaranteed four-year contract worth $30.41 million. It included a signing bonus of $20.25 million. The Browns opted for the fifth-year contract extension option in his contract. Garrett eventually signed a five-year contract extension worth $125 million. The money from the contract is set to be earned by him from 2022. A hundred million of the contract is guaranteed to Myles Garrett.
Also read:Where did Myles Garrett go to college?
Myles Garrett Contract Breakdown
Here is a breakdown of Myles Garrett’s current five-year contract with the Cleveland Browns:
| Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
| 5 yr(s) / $125,000,000 | $21,000,000 | $25,000,000 | $43,546,125 | $100,000,000 |
| Year | Base Salary | Signing Bonus | Roster Bonus | Option | Cap Hit | Dead Cap | Yearly Cash |
| 2020 | $862,126 | $9,264,501 | - | - | $10,126,627 | $66,575,626 | $21,914,442 ($21,914,442) |
| 2021 | $1,019,000 | $4,200,000 | - | $4,133,000 | $9,352,000 | $56,449,000 | $21,684,000 ($43,598,442) |
| 2022 | $1,035,000 | $4,200,000 | - | $7,726,000 | $12,961,000 | $48,132,000 | $19,000,000 ($62,598,442) |
| 2023 | $17,250,000 | $4,200,000 | - | $7,726,000 | $29,176,000 | $35,171,000 | $17,250,000 ($79,848,442) |
| Potential Out: | 2024, | 4 yr, | $79,848,442; | $23,245,000 dead cap | |||
| 2024 | $20,203,875 | $4,200,000 | - | $7,726,000 | $32,129,875 | $23,245,000 | $20,203,875 ($100,052,317) |
| 2025 | $14,796,125 | - | $5,000,000 | $7,726,000 | $27,522,125 | $11,319,000 | $19,796,125 ($119,848,442) |
| 2026 | $20,000,000 | - | $5,000,000 | $3,593,000 | $28,593,000 | $3,593,000 | $25,000,000 ($144,848,442) |
How much is Myles Garrett getting paid?
Myles Garrett is currently earning $25 million a year on an average from the 5-year contract with the Cleveland Browns. In 2024, Garrett will earn a base salary of $1,210,000 and a signing bonus of $18,994,475, while carrying a cap hit of $20,168,895.
How much money does Myles Garrett make in a minute?
Garrett has one of the best contracts by any defensive player in the NFL. His five-year $125 million is earning him almost $50 per minute.
How much of Myles Garrett’s Contract is guaranteed?
Garrett is under a five-year $125,000,000 contract which includes $43.5 million guaranteed at the time of signing such as bonus, his salary for the 2020 and 2021 seasons, and a 2021 option bonus. Additionally, Garrett's contract included a guaranteed option bonus of $20.665 million, paid in 2021. Further guarantees include a $17.965 million option bonus for 2022, and his salary for that year also became fully guaranteed. In 2023, his salary included a guaranteed amount of $10 million, with an additional $7.25 million guaranteed later in the year. Looking ahead, Garrett's 2024 salary is fully guaranteed, with an option bonus of $18.9 million to be paid in March 2024. His contract continues to provide substantial guarantees into 2025 and 2026, with option bonuses of $18.541 million and $23.7 million, respectively.
What are the terms of Myles Garrett’s Contract?
- $43.5M fully guaranteed at signing (signing bonus + 2020 salary + 2021 salary + 2021 option bonus)
- 2021 Option Bonus: $20.665M (guaranteed, paid the 3rd league day of 2021, 3/19)
- 2022 Option Bonus: $17.965M (guarantees the 3rd league day of 2021, paid 3/19/2022)
- 2022 salary fully guarantees on the 3rd league day of 2021
- $10M of 2023 salary fully guarantees on the 3rd league day of 2022
- Remaining $7.25M of 2023 salary fully guarantees on the 3rd league day of 2023
- 2024 salary fully guarantees 3/15/2024
- 2024 Option Bonus: $18.9M
- 2025 Roster Bonus: $5M (5th league day of 2025)
- 2026 Roster Bonus: $5M (5th league day of 2026)
How long is Myles Garrett under contract?
Garrett’s contract is worth $125 million and keeps him with the Browns till 2026. In 2022, the option bonus in the contract will earn him a total of $20.665 million. $10 million of his 2023 salary is fully guaranteed after the 3rd league day of the 2022 season. He is also eligible for a $5 million roster bonus in the last two seasons of the contract.
Myles Garrett Career Earnings
Myles Garrett's total career earnings are $104,524,426 as of 2024. Being the number one overall pick in the 2017 NFL Draft, Garrett earned the best possible contract as a rookie. He has since earned another big contract in 2022 and he is set to earn more in the upcoming years as his contract is a back-heavy one.
| Year | Team | Career earnings |
| 2017 | Cleveland Browns | $20,723,004 |
| 2018 | Cleveland Browns | $1,847,375 |
| 2019 | Cleveland Browns | $2,105,605 |
| 2020 | Cleveland Browns | $21,914,442 |
| 2021 | Cleveland Browns | $21,684,000 |
| 2022 | Cleveland Browns | $19,000,000 |
| 2023 | Cleveland Browns | $17,250,000 |
| Total | - | $104,524,426 |
Myles Garrett Contract History
Mylles Garrett has signed two contracts in his career. The details of his contract information are as follows:
Myles Garrett rookie contract (2017-2021)
Myles Garrett signed his first four-year contract with the Cleveland Browns for $30,412,255.
Myles Garrett second contract (2020-2026)
He signed an extension contract with the Cleveland Browns, for $125,000,000.
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FAQs
A. Myles Garrett was drafted with the number one overall pick in the 2017 NFL Draft by the Cleveland Browns.
A. Myles Garrett is 6 ft 4 in (1.93 m) and weighs 272 lb (123 kg).
A. Myles Garrett plays as a defensive end for the Cleveland Browns.
A. Myles Garrett has recently finished his seventh season in the NFL.
