NFL Draft Signing Bonuses By Round And Salary Slots 2023

NFL rookie wage scale 2023 is a minimum of $750K set by the Collective Bargaining Agreement (CBA), reports CBS Sports. It will cross $1 million by 2030.

It saw an increment of $45K from the 2022's mark of $705K. Likewise, it was $660K in 2021.

The wage cap CBA sets announces a designated figure for all draft numbers. Each franchise's salary cap room must be considered while handing out contracts for the newbies.

The earlier picks are given more value, and the number from the second to the 259th spot keeps decreasing.

The 2023 revenue cap for the no. 1 overall pick, Byrce Young, is projected at $6.9 million, while C.J. Stroud, the second overall, is expected to land $6.59 million.

Compared to Kendall William, the 258th choice, we can see a substantial difference of $6.13 million.

Here is a list of other highly anticipated cap hits:

• Anthony Richardson - $6.18 million
• Devon Witherspoon - $5.79 million
• Paris Johnson - $5.1 million
• Tyree Wilson - $4.54 million
• Bijan Robinson - $3.99 million
• Jalen Carter - $3.96 million
• Darnell Wright - $3.8 million
• Peter Skoronski - $3.57 million
• Jahmyr Gibbs - $3.24 million

1st round draft pick salary NFL 2023 ranges from $5.59 million to $24.6 million in 2023.

Last year, it started from $5.53 million and topped at $24.36 million.

NFL number 1 draft pick signing bonus for Bryce Young is $24,603,688. DraftKings reports that his deal's total valuation is $41.2 million.

Jacksonville Jaguars' first choice Travon Walker bagged $24,360,088 in 2022.

As mentioned earlier, the first-rounders get the most money in any draft. Compared to the final round picks, their earning differs between the Earth and the sky.

On that note, let's check out how much the top picks from the 2023 NFL Draft receive or are projected to receive:

• C.J. Stroud - $23.38 million
• Will Anderson - $22.6 million
• Anthony Richardson - $21.7 million
• Devon Witherspoon - $20.17 million
• Paris Johnson - $17.4 million
• Tyree Wilson - $15.18 million
• Bijan Robinson - $12.9 million
• Jalen Carter - $12.8 million
• Darnell Wright - $12.2 million
• Peter Skoronski - $11.3 million
• Jahmyr Gibbs - $9.9 million
• Lukas Van Ness - $9.6 million
• Broderick Jones - $9.0 million
• Will McDonald - $8.8 million
• Emmanuel Forbes - $8.2 million

NFL draft pick signing bonuses for second-round athletes are $3.99 million for Joey Porter Jr., $3.93 million for Will Levis, and $3.88 million for Sam LaPorta.

The starting price is $1,413,552 for the 63rd choice Marvin Mims. Denver Broncos brought the Wide Receiver from Oklahoma Sooners.

The three other performers before him are Juice Scruggs ($1.43 million), Brenton Strange (1.44 million), and D.J. Turner (1.48 million). Only these four people from the second cycle got less than $1.5 million.

Meanwhile, the highest earners from the lot, besides those three mentioned above, are:

• Michael Mayer - $3.77 million
• Steve Avila - $3.72 million
• Derick Hall - $3.6 million
• Matthew Bergeron - $3.5 million
• Jonathan Mingo - $3.4 million
• Isaiah Foskey - $3.3 million
• B.J. Ojulari - $3.2 million
• Luke Musgrave - $3.1 million
• Joe Tippmann - $3.07 million
• Julius Brents - $2.9 million

Signing bonus for NFL draft picks in the third round starts at $857,516 and tops at $1.19 million. Less than half from the 3rd cycle make above a million.

Chicago Bears chose Zacch Pickens as the first entry in the third cycle. He penned down the concord for a signing fee of $1,191,848.

Likewise, Philadelphia Eagles' Tackle Tyler Steen received $1,182,140, and Safety Sydney Brown made $1,177,776.

The remaining names to claim a compact over the million-dollar mark are listed below:

• Drew Sanders - $1.17 million
• Hendon Hooker - $1.15 million
• Tank Dell - $1.13 million
• Byron Young - $1.22 million
• Kendre Miller - $1.12 million
• Garrett Williams - $1.098 million
• Jalin Hyatt - $1.091 million
• Cedric Tillman - $1.08 million
• Zach Harrison - $1.049 million
• Marte Mapu - $1.046 million
• Byron Young - $1.041 million
• Tucker Kraft - $1.02 million
• Josh Downs - $1.01 million
• D.J. Johnson - $1.002 million

NFL rookie signing bonus for the fourth cycle comprises Nick Saldiveri's $842K, Jakorian Bennett's $823K, and Kelee Ringo's $820K deals.

Saldiveri was picked by New Saint Orleans, Las Vegas Raiders took Bennett, and Ringo went to Philadelphia Eagles. They were the overall 103rd, 104th, and 105th selections.

Likewise, the 160th choice Blake Freeland is expected to make $815K while contracting with the Indianapolis Colts.

Eight sportspersons from the bundle get less than $700K when they agree with their respective teams. They are as follows:

• Stetson Bennett - $699K
• Viliami Fehoko Jr. - $690K
• Tyler Lacy - $687K
• Charlie Jones - $678K
• Nick Herbig - $672K
• Tyler Scott - $663K
• Jay Ward - $653K
• Aidan O'Connell - $509K

NFL 5th round draft pick signing bonus is the highest for Yasir Abdullah at $365K. Jacksonville Jaguars acquired him at the 136th position.

Abdullah is closely followed by DE K.J, Henry of Washington Commanders at $359K. Likewise, Darius Rush and Clayton Tune from Indianapolis Colts and Arizona Cardinals also got the payment of over $350K.

Likewise, Dorian Thompson-Robinson, Jequelin Roy, Cameron Mitchell, Israel Abanikanda, and Antonio Mafi received over $330K while contracting with their franchise.

Meanwhile, eleven names from the lot made $244K. They are as follows:

• Henry To'oTo'o
• Owen Pappoe
• Asim Richards
• Christopher Smith II
• Payne Durham
• Eric Gray
• Robert Beal Jr.
• Warren McClendon Jr.
• Davis Allen
• Evan Hull
• Puka Nacua

NFL draft signing bonus is the amount each athlete secures when they pen down an agreement with a franchise. It can take up to 18 months to attain the money.

It is the guaranteed earning for any player. This figure labeled as a signing bonus is certainly delivered to the performer whether he is part of the main roster. Even if the franchise trades or waives the sportsperson, the due sum must be paid in full.

The designated amount is ordinarily low for newcomers, especially late-round draftees and rookie free agents. A new deal will undoubtedly bring millions depending on how they perform in their freshman year and its consecutive year.

Tom Brady's contract in 2002 saw him bag $10 million, initially $38,400 post the 2000 NFL Draft.

CBS Sports reports that Dak Prescott's 66 million dollars signing bonus from his 2021's four-year deal is the highest in NFL history.

Paying such a huge sum as the guaranteed earning takes the pressure off the team's salary cap. If the sum is $25 million for a four-year deal, it will only be counted as 5 million dollars in the wage room until the end of the contract.

Key players often help their franchise create cap space by converting their salary into a signing bonus. The Athletic reported that Patrick Mahomes's conversion of $12 million from the $34.4 million roster earnings helped the Chiefs make a $9.6 million wage room.