Introduction
When it comes to the National Football League (NFL), there are few players who have achieved as much success as quarterback Baker Mayfield. The former Heisman Trophy winner has become one of the most talked-about players in the league, but how much money does he make? In this article, we’ll take a comprehensive look at Baker Mayfield’s salary and income streams, including a year-by-year analysis of his earnings, bonuses, and other sources of income. We’ll also compare his current salary to others in the NFL.
Analyzing Baker Mayfield’s Salary and Contract
Before we dive into the specifics of Baker Mayfield’s salary, it’s important to understand the terms of his contract. In 2018, the Cleveland Browns selected Mayfield with the first overall pick in the NFL Draft. This came with a four-year rookie contract worth $32.68 million, including an $18.5 million signing bonus. The contract also includes a fifth-year team option for the 2022 season.
Breaking Down Baker Mayfield’s Earnings
The bulk of Baker Mayfield’s salary comes from his base salary, which is determined by the Collective Bargaining Agreement (CBA). According to the CBA, rookies are eligible to earn up to $1.1 million in their first season. Mayfield’s base salary for the 2018 season was $480,000, and it increased to $645,000 for the 2019 season. His base salary is set to increase to $780,000 in 2020, and then to $920,000 in 2021.
Understanding the Terms of His Contract
In addition to his base salary, Mayfield is also eligible for bonuses throughout the duration of his contract. These bonuses include roster bonuses, offseason workout bonuses, and incentives based on performance. For example, Mayfield is eligible for a $450,000 roster bonus if he is on the Browns’ active roster for the entire season. He is also eligible for a $40,000 offseason workout bonus each year.
How Much Money Does Baker Mayfield Make?
With all of these factors taken into account, Baker Mayfield’s total earnings for the 2018 season were estimated to be around $5.9 million. In 2019, his total earnings increased to $7.84 million, and they are projected to reach $10 million in 2020. By 2021, his total earnings are expected to exceed $12 million.
Comparing Baker Mayfield’s Salaries Over the Years
It’s also important to consider how Baker Mayfield’s salary compares to others in the NFL. According to Spotrac, the average annual salary of an NFL quarterback is $4.44 million. Mayfield’s salary is well above the average, making him one of the highest paid quarterbacks in the league. In fact, he is currently the sixth highest paid quarterback in the NFL, behind players like Aaron Rodgers, Kirk Cousins, and Matt Ryan.
A Look at Baker Mayfield’s Income Streams
In addition to his salary, Baker Mayfield has several other income streams. He has signed endorsement deals with companies such as Bose, Nike, Progressive, and Panini. He also has an ownership stake in the Austin FC soccer team. Finally, he has invested in several startups, including a mobile app called ‘Yardbarker’.
Conclusion
Baker Mayfield is one of the highest paid players in the NFL, and his salary continues to rise each year. He earns a base salary of $780,000 in 2020, plus various bonuses and incentives. He also earns additional income from endorsement deals and investments. Overall, Mayfield is well-compensated for his services, and his income streams will likely continue to grow in the future.
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