Joe Burrow

Quarterback

Age: 28
Free Agency: 2030 (Void)
Accrued Seasons: 4
  • 2024 Salary Cap Charge: $29,551,112 (11.17% of cap)
  • 2024 Cash Payout: $65,714,982 (23.62% of spending)
  • 2024 Cash to Cap Ratio: 2.22
  • Contract Value: $275,000,000 ($55,000,000 APY)
  • Fully Guaranteed Money: $146,510,000
  • Contract Ranking: 2/121 at QB

Current Contract

(Extension, signed 2023)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated BonusRoster BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
SigningOption
202327$1,010,000$13,970,025$0$4,535,018$5,545,018$19,515,0438.6%
202428$10,714,982$7,836,130$11,000,000$0$10,714,982$29,551,11211.2%
2025 📝
March 23: Option due
29$25,250,000$8,000,000$13,000,000$0$35,250,000$46,250,00017.8%
2026 📝
March 23: Option due
30$25,250,000$8,000,000$15,000,000$0$0$48,250,00017.0%
2027 📝
March 23: Option due
31$27,250,000$8,000,000$17,000,000$0$0$52,250,00016.6%
2028 📝
March 23: Option due
32$35,500,000$0$18,000,000$0$0$53,500,000--
2029 📝
March 19: Roster bonus due
33$48,039,018$0$7,000,000$2,500,000$0$57,539,018--
2030 📝
February 20: Contract voids
34Void$0$5,000,000VoidVoid$9,000,000--
203135Void$0$3,000,000VoidVoid$0--
203236Void$0$1,000,000VoidVoid$0--
Total$173,014,000$45,806,155$90,000,000$7,035,018$51,510,000$315,855,173

Contract Notes

Joe Burrow signed a five year, $275 million contract extension with the Bengals on September 9, 2023. Burrow received $219.01 million in guarantees of which $146.51 million is fully guaranteed at signing. The new guarantee on the contract is $111.46 million in full guarantees and $183.96 million in new injury protection. The full guarantee is made up of Burrow's 2023, 2024, and 2025 base salaries, a $40 million signing bonus in 2023, a $55 million option bonus in 2024, a $10 million option in 2025 and a $4.5 million roster bonus that was paid out as part of his prior contract. Burrow's 2026 and 2027 compensation are both guaranteed for injury. His 2026 salary is fully guaranteed on the 5th day of the 2025 league year while his 2027 salary becomes fully guaranteed on the 5th day of the 2027 league year. If on the roster on the fifth day of the 2029 league year he will earn a $2.5 million bonus. There are three void years for salary cap purposes.

Cash Flows

- fully earned money
- unearned or partially earned money
$55M
$110M
$165M
$220M
$275M
2023202420252026202720282029
Cash Due$40,000,000$36,210,982$35,250,000$35,250,000$37,250,000$40,500,000$50,539,018
Running Cash$40,000,000$76,210,982$111,460,982$146,710,982$183,960,982$224,460,982$275,000,000
Career Earnings: $76,190,136
Career APY: $19,047,534
Potential Earnings: $340,694,136
Total Guarantees: $182,700,136
Largest Cash Payment: $65,714,982 (2024)
Largest Cap Number: $57,539,018 (2029)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
BengalsDraftedExtended20204$36,190,136$9,047,534$36,190,136$30,645,11884.7%$10,215,039
BengalsExtensionActive20235$275,000,000$55,000,000$146,510,000$45,545,01816.6%$45,545,018
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Bengals4$76,190,136$19,047,534$44,190,1400.0%$00.0%

Season History

YearTeamBase SalaryProrated BonusOption BonusRoster BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2020Bengals$610,000$5,970,025$0$0$610,000$6,580,0253.2%$24,490,100
2021Bengals$780,000$5,970,025$0$1,475,006$2,255,006$8,225,0354.2%$2,255,006
2022Bengals$895,000$5,970,025$0$3,005,012$3,900,012$9,870,0374.6%$3,900,012
2023Bengals$1,010,000$13,970,025$0$4,535,018$5,545,018$19,515,0438.6%$45,545,018
2024Bengals$10,714,982$7,836,130$11,000,000$0$10,714,982$29,551,11211.2%$65,714,982
2025Bengals$25,250,000$8,000,000$13,000,000$0$35,250,000$46,250,00017.8%$35,250,000
2026Bengals$25,250,000$8,000,000$15,000,000$0$0$48,250,00017.0%$35,250,000
2027Bengals$27,250,000$8,000,000$17,000,000$0$0$52,250,00016.6%$37,250,000
2028Bengals$35,500,000$0$18,000,000$0$0$53,500,000--$40,500,000
2029Bengals$48,039,018$0$7,000,000$2,500,000$0$57,539,018--$50,539,018
2030Bengals$50,000,000$0$5,000,000$0$0$9,000,000--$0
2031Bengals$50,000,000$0$3,000,000$0$0$0--$0
2032Bengals$50,000,000$0$1,000,000$0$0$0--$0
Total$325,299,000$63,716,230$90,000,000$11,515,036$58,275,018$340,530,270$340,694,136

Statistics

YearGames PlayedGames InactiveSnapsPassingRushingFumbles
InjuredHealthyOffenseSpecialComp/AttPctYardsTDINTSackedRatingAttYardsAvgTDTotalLost
2020100065.9%0.0%264/40465.3%26881353289.8371423.8300
2021161091.6%0.0%366/52070.4%4611341451108.3401183.0200
2022160098.0%0.0%414/60668.3%4475351241100.8752573.4500
2023100055.3%0.0%244/36566.8%23091562491.031882.8000

Valuation Diamond

The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.

OTC ValuationAPY
Regular$12,368,000$55,000,000
Injury Adjusted$12,368,000$55,000,000
test
OTC Valuation $7.2M $14.4M $21.6M $28.8M $36M APY $9.2M $18.3M $27.5M $36.7M $45.8M $25,867,000 $37,500,000

Weekly Valuation Trends

The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.

To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.