2024 NFL Salaries: How Average Player's gets paid as compared to Stars for every position, highest to Lowest.
- Football has become increasingly more of a money game, with teams offering 10-year deals totaling close to $500 million. However, it is still true that many gamers will never earn anywhere close to that amount.
Although minimum wages ensure a more than adequate standard of life, brief employment and occasionally careless spending tendencies can deplete even the most padded bank accounts.
A 2015 study by the National Bureau of Economic Research found that approximately 16% of former football players become insolvent after 12 years of leaving the pitch for the final time.
Here’s the answer to your questions about the highest and lowest earners heading into the 2024 NFL Regular season.
What is the NFL Salary Cap for 2024
The NFL salary cap increases every year, with the 2024 salary floor set at $255.4 million per team around a $30 million increase on the 2023 number of $224.8 million. Since 2012, the addition has been at least $10 million per year.
What is the average NFL salary being paid?
The average NFL salary is around $3.2 million, up from $2.8 million last year, Since 2017 regular season to now on, the NFLPA has negotiated another collective bargaining agreement (CBA) and that number is only bound to have increased over time.
Since NFL teams require a 53-man minimum roster, massive amounts of money go toward a player's budget.
What NFL position has the highest average salary?
Unsurprisingly, Quarterbacks are the highest paid position on most any NFL team. In the 2024 season, quarterbacks are due to make an average salary of over $7 million. Their closest competitor -- wide receivers -- are set to average $2.8 million.
What NFL position has the lowest average salary?
At the bottom of the salary leaderboard is special teams, averaging $2.775 million. The Running backs occupy the second-lowest salary, average just under $2 million, which is nothing to scoff.
Who is the highest-paid NFL player this season in 2024?
The Dallas Cowboys made quarterback Dak Prescott the highest-paid NFL player hours before kicking off the 2024 season.
Prescott is officially the NFL's first $60 million man, besting the previous trio of AAV leaders – Joe Burrow, Trevor Lawrence and Jordan Love – by $5 million.
What is the Average NFL player salaries per position 2024.
Long Snapper: $1,069,016
Fullback: $1,724,440
Punter: $1,520,940
Running Back: $1,789,687
Cornerback: $1,999,348
Wide Receiver: $2,277,703
Tight End: $2,055,238
Safety: $2,196,749
Kicker: $2,228,472
Defensive Tackle: $2,496,660
Center: $2,394,058
Defensive End: $2,996,247
Guard: $2,500,421
Edge Rusher: $3,234,289
Outside Linebacker: $3,703,880
Inside Linebacker: $3,856,602
Right Tackle: $5,128,198
Quarterback: $4,855,892
Left Tackle: $8,952,680
Source: Sportrac
Top 10 highest-paid earners list in 2024 NFL Season.
The complete list of the top-10 earners for the 2024 NFL season is below:
Below is a look at who has the highest AAV, guarantees and total contract value for the 2024 NFL season.
AAV
1. Dak Prescott, Cowboys: $60 million
2. Joe Burrow, Bengals: $55 million
3. Trevor Lawrence, Jaguars: $55 million
4. Jordan Love, Packers: $55 million
5. Tua Tagovailoa, Dolphins: $53.1 million
6. Jared Goff, Lions: $53 million
7. Justin Herbert, Chargers: $52.5 million
Lamar Jackson, Ravens: $52 million
9. Jalen Hurts, Eagles: $51 million
10. Kyler Murray, Cardinals: $46.1 million
See the line where trends go on.?
Who is the lowest-paid NFL player in 2024?
Examining the lower end of the league's salaries is more difficult. Depending on their contract and status as active or inactive players, players are subject to varying minimum values.
As of 2024, the lowest paid players in terms of cash earnings were Andre Baccellia (ARI), C.J. Ravenell (BAL) and Dayton Wade (BAL), who are set to earn $222,500.
According to the most recent collective bargaining agreement, the minimum pay for the upcoming 2024 season are as follows:
Years exp. -- Mini salary for player on Active/Inactive list
0 $795,000
1 $915,000
2 $985,000
3 $1,050,000
4-6 $1,125,000
7+ $1,210,000
- Practice Squad player who falls within one of three parameters for a fixed amount: Fixed weekly salary of $11,500
- Practice Squad player who does not fall within one of the three parameters for a fixed amount: Minimum weekly payment of $15,400; maximum weekly payment of $19,900
The NFL’s minimum player salary in 2024
As per League's Collective Bargaining Agreement set in March 2020, NFL players’ minimum salary measured up to $660,000 in the 2021 season, which went up from $610,000 in 2020. The minimum salary rose to $705,000 in 2022.
The minimum salary for a first-year player is currently, as of 2024, sitting at $795,000.
This amount applies exclusively to NFL rookies during their debut season. As they advance, the minimum rises to $870,000 and $940,000 by the third year.
How do NFL rookies get paid in 2024 season?
The minimum base salary for a rookie will be $795,000 in 2024, up from $750,000 the prior year.
This marks a $45,000 increase from last year, It is expected the minimum rookie contract value will reach $1,065,000 through 2030 .
The deal for Caleb Williams, the 2024 No. 1 pick, is approximately valued at $39,500,000 in total, including an estimated signing bonus of $25,500,000 for the year 2024, as reported by Sportico.
What is a fifth-year option in the NFL?
All NFL rookie contracts run four years, with an optional fifth year available to first round draft picks.
The offseason immediately following a player’s third season can prove critical as it is the only time that a team or player can renegotiate a contract and agree to terms for a fifth year.
How much do NFL first-round picks make?
In fact, all 32 first round picks from the 2022 NFL Draft agreed to four-year contracts greater than $10 million, headlined by No. 1 overall pick Travon Walker’s $37.3-million deal with the Jacksonville Jaguars.
What is the NFL’s pension plan, New CBA rukes about Pension?
Players are eligible to receive funds from the pension at 55, the NFL’s age of retirement.
Prior to 2020, players needed four accrued seasons to be eligible for the NFL pension plan. However, the new collective bargaining agreement provided a major overhaul to the pension system by decreasing the minimum accrued seasons to three and increasing the total payments from an average of $30,000 a year to $46,000.
The new CBA also outlined a 25% increase in Medicare supplement benefit to players over 65 and a plan to establish a program that guarantees former players without insurance receive mental health services, orthopedic care, preventative care and other health interventions at no cost to the player.
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nbcwashington, as.com
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