How Much Does a 3rd Round NFL Draft Pick Make?
Contents
You may be wondering how much a 3rd round NFL draft pick makes. Here is a look at the salaries of some of the recent 3rd round draft picks.
Introduction
In the NFL, a player’s salary is determined by their draft round. A first-round pick will make more money than a second-round pick, who will make more money than a third-round pick, and so on. The exact amount of money each pick makes is set by the NFL’s collective bargaining agreement with the players’ union.
The rookie salary pool is divided up amongst all of the draft picks, with each pick getting a certain percentage of the pool based on where they were drafted. The higher the pick, the higher the percentage of the pool they get. For example, in 2019, the number one overall pick received 4.525% of the rookie salary pool, while the last pick in the first round received 1.768%.
The first two picks in the third round of the 2019 NFL Draft will each receive 1.126% of the rookie salary pool, which comes out to $2,625,452. The third pick in the third round will receive 1.102% of the rookie salary pool, which comes out to $2,576,652. So, in total, those three picks will divide up $7,827,156 from the rookie salary pool.
What is the NFL Draft?
The National Football League Draft, also called the NFL Draft or the Player Selection Meeting, is an annual event in which the 32 clubs of the National Football League (NFL) select eligible players for their rosters. The draft order is determined based on the previous year’s standings, with the team holding the worst record receiving the first pick. In addition to selecting new players, teams may also trade selections for other players or draft picks. The draft is held every spring, generally coinciding with free agency.
Who are the 3rd round NFL draft picks?
The NFL draft is an event where the National Football League teams select football players who will join their ranks. It is held annually in late April or early May, and it is one of the most anticipated events on the NFL calendar.
Some of the biggest names in football were 3rd round draft picks, including future Hall of Famers like Jerry Rice and Emmitt Smith. These players proved that you don’t need to be a 1st round pick to be a great player in the NFL.
So, how much do 3rd round draft picks make? The answer depends on a number of factors, including the player’s position, their agent, and the team that drafting them. However, we can give you a general idea of how much 3rd round draft picks make by looking at the contracts of some recent 3rd round picks.
Recent 3rd round NFL draft picks have signed contracts worth an average of $3 million. The exact amount varies depending on the player’s position and other factors, but most 3rd rounders can expect to sign contracts worth around $3 million.
What is the average salary of a 3rd round NFL draft pick?
The average salary of a 3rd round NFL draft pick is $645,000. 3rd round picks have a four-year contract with a signing bonus of about $92,000.
How do 3rd round NFL draft picks compare to other rounds?
3rd round draft picks make an average salary of $2.78 million, which is just below the $2.83 million average for 2nd rounders and way below the $3.91 million first-rounders make. So, a 3rd-round pick’s salary is nearly 28% less than a 1st-rounder. However, 3rd-round picks have a good chance of making an NFL roster—about 60% do—compared to only 42% of 4th rounders and below.
Conclusion
Since the inception of the NFL draft in 1936, there have been 1,033 third-round picks. Of those 1,033 third-rounders, 32 have gone on to be drafted into the Pro Football Hall of Fame. That’s an illustrious group that includes three quarterbacks: Bart Starr, Terry Bradshaw and Steve Young. It also includes four wide receivers: Michael Irvin, Lynn Swann, John Stallworth and Andre Reed. In all, there are 24 offensive players and eight defensive players in the Hall of Fame who were drafted in the third round.
