How much is Baker Mayfield's Contract?

Baker Mayfield is playing on a 3-year contract worth $100 million.

Baker Reagan Mayfield, quarterback of Tampa Bay Buccaneers has one of the more unique trajectories in NFL history. The hype for Mayfield began at the college level. At the University of Oklahoma, he had a solid career. While he won Freshman of the Year in 2013 for Texas Tech, he asked for a transfer to the University of Oklahoma in January 2014, which eventually led to the “Baker Mayfield Rule” coming into existence. From there on, he would put forth strong seasons, winning Offensive Player of the Year in 2015 along with the Burlsworth and Kellen Moore Award. But, it was in his senior year that he truly came into his own and became poised for all-time greatness. Just for his 2017 campaign alone, he won 10 Awards. These include the Manning Award, Maxwell Award, Walter Camp Award, Davey O’Brien Award, and the Chic Harley Award. Further, he won Player of the Year for two publications while once again winning the Offensive Player of the Year honors. He was the MVP of the Sugar Bowl and was the consensus best player in the entire collegiate landscape.

A no-doubt first-overall selection by the Cleveland Browns in 2018, Mayfield shot out of a cannon on the professional stage. During his debut game, he was responsible for the Browns winning their first game in over a year, a culmination of a 19-game losing streak. Throughout his rookie season, he was excellent, racking up 7 Rookie of the Week selections. At the end of the year, he was selected as the Rookie of The Year as well as the Offensive Rookie of the Year. Unsurprisingly, he was a member of the All-Rookie Team as well. Over the next few years, Mayfield showed solid progression without truly breaking out. His most successful season was his 3rd year from a team standpoint, as he led the Browns to erase an 18-year playoff drought. Simultaneously, he also broke a nearly 3-decade long curse, leading the team to a playoff victory. However, that would be the highlight of his time in the NFL as inconsistent play led to successive trades from Cleveland and then from the Carolina Panthers. After filling in for an injured Matthew Stafford on the Rams, the Tampa Bay Buccanneers signed Mayfield to a contract to replace the retiring Tom Brady for the 2023 season. He has been off to a hot start in 2024, passing for 24 touchdowns to just 9 interceptions in the first 11 games. However, he has found a home in Tampa after the team rewarded him a 3-year, $100 million deal for his successful campaign in 2023 where he led the Bucs to the divisional round.

Baker Mayfield Contract Breakdown

Baker Mayfield and the Tampa Bay Buccaneers have signed a new three-year deal in March 2024 that is set to earn the star signal caller a handsome $100 million. It has an average annual income of $33.33 million and a $50 million guarantee (via Spotrac).

How much is Baker Mayfield getting paid?

In 2024, Baker is set to earn a base salary of $30 million with a signing bonus of $28.8 million. The contract amounts for 2024 to carry a cap hit of $35.7 million and a dead cap value of $33.1 million. As per the terms of Baker Mayfield’s contract with the Tampa Bay Buccaneers, he has an average annual salary of $33.3 million (via Spotrac).

How much money does Baker Mayfield make a minute?

If Baker Mayfield's contract is broken down to a per-minute earning, then he makes around $63.5 per minute.

How much of Baker Mayfield’s Contract is guaranteed?

Mayfield's new three-year, $100 million contract comes with a guarantee of $50 million. He has earned $40 million of his guarantee at the time of signing (via Spotrac).

What are the terms of Baker Mayfield’s Contract?

Mayfield's deal with the Buccaneers included a $28.8 million signing bonus and guaranteed him $40 million at the signing, according to Spotrac. His signing proration is spread over five years at around $5.7 million annually.

Baker Mayfield Career Earnings

According to Spotrac, Baker Mayfield has earned $85.2 million in his career as of November 2024.

Baker Mayfield Contract History

Before his 2024 contract with the Buccaneers, Mayfield had signed two contracts in the NFL. The first one he signed was his rookie deal in 2018 for 4 years which was worth $32,682,980. This contract had an average annual salary of $8,170,745 and came with a signing bonus of $21,849,440 and a guarantee of $32,682,980.

Mayfield's second contract was a one-year deal with the Buccaneers in 2023 which was worth $4 million. This deal included a $2,875,000 signing bonus and a guarantee of $4 million.