How Much Do 3Rd Round Nfl Draft Picks Make?

How much do 3rd round NFL draft picks make? According to data from Spotrac, the average 3rd round pick in the NFL draft earns a base salary of $2,266,667.

Introduction

So you want to know how much 3rd round NFL draft picks make, huh? Well, it depends on a few factors, but the short answer is that they can expect to make an average of about $2 million dollars over the course of their NFL career. Here’s a more detailed breakdown of what 3rd rounders can expect to earn:

Signing Bonus: most 3rd rounders will earn a signing bonus somewhere in the range of $700,000-$1 million. The exact amount depends on where they were drafted in the 3rd round and how much money their team has available under the salary cap.

Base Salary: in addition to their signing bonus, 3rd round picks will also receive a base salary each year. For 2020, the base salary for all rookies (including 3rd rounders) is $610,000. That number will increase in future years as players are eligible for annual raises under the NFL’s collective bargaining agreement.

Bonuses and Incentives: some players will also receive bonuses and/or incentive-based compensation as part of their contract. These are typically based on things like playing time, team performance, and individual statistical milestones. For example, a player might receive a $50,000 bonus if he plays 60% of his team’s snaps during the season.

What is the average salary of a 3rd round NFL draft pick?

Assuming a 4-year contract, the average salary of a 3rd round pick in the NFL draft is $2.74 million. This includes a $611,000 signing bonus and an average base salary of $686,000. Salaries for 3rd round picks can range from $710,000 to over $4 million.

How does the salary of a 3rd round pick compare to other rounds?

In 2019, the average salary for a 3rd round pick was $645,000. This is a decrease from the 2018 average of $689,000. The 3rd round had the second highest number of players drafted in 2019 with 71 total picks. The first round had 32 picks and the second round had 64 picks. The fourth round had 60 picks, followed by the fifth round with 54 picks.

What is the guaranteed money for a 3rd round pick?

A third-round pick in the NFL Draft is paid a base salary of $645,000 for the first year of his rookie contract, plus a signing bonus determined by where he was selected in the draft. In 2019, the top of the third round featured picks being paid $3.8 million in signing bonuses, with that number tapering down to about $800,000 for the bottom of the third round.

How does the signing bonus for a 3rd round pick compare to other rounds?

The average signing bonus for a 3rd round pick in the NFL Draft is $822,364. This is the lowest average among all rounds in the NFL Draft. The highest average signing bonus belongs to 1st round picks, who make an average of $10,098,913.

What is the total value of a 3rd round pick’s contract?

values of third-round draft picks have varied considerably over the years, but the average value of a third-round pick’s contract is around $2 million. The highest value for a third-round pick was in 2001, when LaDainian Tomlinson was drafted by the San Diego Chargers and signed a five-year, $10.5 million contract. The lowest value for a third-round pick was in 2014, when Aaron Donald was drafted by the St. Louis Rams and signed a four-year, $2.99 million contract.

What is the average length of a 3rd round pick’s contract?

The average length of a 3rd round pick in the NFL is 4 years. 3rd round draft picks are the lowest paid players in the NFL, with an average salary of just over $700,000 per year.

How do 3rd round pick’s salaries change over the course of their contracts?

The average NFL career lasts just over three years, so most players drafted in the NFL are only under contract for a few years. That said, players drafted in the first round of the NFL draft tend to be some of the league’s best and most talented players, so they are typically given longer and more lucrative contracts than those drafted in later rounds.

Players drafted in the first round of the NFL draft sign four-year contracts with team options for a fifth year. The average salary for a first-round pick in 2019 was $10.85 million, but that number is expected to increase in 2020 due to the new collective bargaining agreement between the NFL and its players.

Players drafted in the second round of the NFL draft sign four-year contracts, with team options for a fifth year. The average salary for a second-round pick in 2019 was $3.39 million.

Players drafted in the third round of the NFL draft sign four-year contracts, with team options for a fifth year. The average salary for a third-round pick in 2019 was $2.74 million.

What is the fully guaranteed money for a 3rd round pick?

Fully guaranteed money for a 3rd round pick in the NFL draft is $880,000. This is the same amount as what 2nd round picks receive and is an increase of $220,000 from what 3rd round picks received in 2017.

How do 3rd round pick’s salaries compare to other positions?

3rd round pick salaries are not as high as 1st and 2nd round pick salaries, but they are still very good. The average salary for a 3rd round pick in the NFL is about $1 million per year. This is a significant amount of money, and it means that 3rd round picks are very important to NFL teams.

What is the average salary of a 3rd round pick by position?

The average salary for all third-round picks in the NFL Draft is about $645,000 annually. However, salaries for draft picks can vary widely based on factors such as position, NFL team, and a player’s negotiating skills.

For example, quarterbacks drafted in the third round of the NFL Draft tend to make significantly more money than other positions. In 2018, Lamar Jackson, a quarterback drafted by the Baltimore Ravens in the third round, signed a four-year contract worth $9.47 million. On the other hand, players at other positions such as defensive end or running back often make less money.

In general, higher draft picks tend to make more money than lower draft picks. However, there are many exceptions to this rule. For instance, some late-round picks (those drafted in rounds 4-7) may sign contracts that include large signing bonuses while some early-round picks (those drafted in rounds 1-3) may sign contracts with smaller signing bonuses.

Conclusion

Data from Spotrac.com shows that the average salary for a 3rd round pick in the NFL is $2,761,405. The median salary is $2,617,500, and the top 25% of earners make an average of $3,311,458. The bottom 25% of earners make an average of $2,206,667.