Joe Burrow has agreed on a four-year $ 36 million contract with the Bengals, according to reports.
The Bengals later tweeted a poison from the quarterback dance, and seemed to confirm that the first overall pick in the NFL Draft 2020 was now under contract.
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Burrow’s deal is said to include a $ 23.9 million signing bonus and he is the last of the top five picks from this year’s concept to sign a rookie contract with the franchise that selected them. Chase Young signed with Washington, Jeff Okudah with the Lions, Andrew Thomas with the Giants and Tua Tagovailoa with the Dolphins.
The #Bengals agreed to QB Joe Burrow’s overall choice for his fully guaranteed, $ 36 million four-year contract with a $ 23.9 million signing bonus. Every top 5 choice is now under contract.
– Ian Rapoport (@RapSheet) July 28, 2020
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The Bengals lined up Burrow with the first overall pick in April, and they hope the former LSU QB can turn their fortunes around as the franchise hasn’t won a playoff game in three decades.
Burrow won the Heisman Trophy last season and brought LSU to a national title, breaking numerous records along the way, including 60 touchdowns – a top NCAA hit.
Contract details from Joe Burrow
Burrow signed a 4-year contract for a total of $ 36 million. His deal includes a $ 23.9 million signing bonus and is fully guaranteed. An option for the fifth year is available in his contract. His total annual salary will be $ 9,047,534. Although that number is heavily influenced by its big drawing bonus. In 2025 he will become an unlimited free agent.
|YEARS||Basic salary||Signature||Cap Hit||Dead cap|
|2020||$ 610,000||$ 5,970,025||$ 6,580,025||$ 36,190,137|
|2021||$ 2,255,006||$ 5,970,025||$ 8,225,031||$ 29,610,112|
|2022||$ 3,900,012||$ 5,970,025||$ 9,870,037||$ 21,385,081|
|2023||$ 5,545,019||$ 5,970,025||$ 11,515,044||$ 11,515,044|