2020 NFL draft first-round rookie salary projections: what Joe Burrow, Tua Tagovailoa and Chase Young will make
Ohio State defensive end Chase Young was the second pick in the first round, as expected, and is set to join the Washington Redskins; he was followed by cornerback Jeff Okudah to the Detroit Lions and offensive tackle Andrew Thomas to the New York Giants. Quarterback Tua Tagovailoa, the presumed top pick for much of 2019 before he dislocated his hip in November, was selected No. 5 by the Miami Dolphins.
NFL rookie contracts are determined by a complex formula that considers the league’s 2020 “rookie compensation pool” of $1.4 billion across all teams, as well as the $198 million per-team salary cap. The rookie pool is divided among the 32 NFL teams based on the clubs’ number of picks and where they fall within the draft. This year, the contracts for first-round picks range from $10.8 million for No.
The signing bonus represents a significant chunk of a rookie player’s total compensation. But bonuses will increase only 1% for rookies this year, which is less than normal and a result of the NFL’swhich impacts the money available for an upfront bonus in rookie deals. Players will almost certainly retain 100% of their signing bonuses even if the season is shortened because of coronavirus concerns. Only the base salaries would be impacted, based on the number of games canceled.
First-round picks typically receive four-year contracts that include a fifth-year team option. The 32 players selected Thursday night are expected to sign deals in the coming months collectively worth $575 million, up 5% over last year.
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