Cole Kmet Contract

Last Modified Nov 29, 2024 08:05 GMT
Cole Kmet Contract
Cole Kmet during a Jacksonville Jaguars v Chicago Bears game

Cole Kmet is an American football tight end for the Chicago Bears as of November 2024. Cole Kmet was drafted as the 43rd overall pick in the second round of the 2020 NFL Draft by the Chicago Bears. Kmet was previously obtained from the Las Vegas Raiders in a trade involving Khalil Mack. As of November 29, 2024, Kmet has appeared in 78 games, starting 70, and compiled impressive career statistics: 250 receptions, 2,540 receiving yards, and 18 touchdowns. The 2022 season marked his most productive year to date, where he led the Bears with 50 receptions, 544 yards, and seven touchdowns.

In 2023, Kmet's value to the team was further validated when he signed a significant four-year, $50 million contract extension, solidifying his role as a key offensive weapon for the Bears. At the University of Notre Dame, Kmet developed his football skills over three seasons. He played in 35 games, starting 18, and recorded 60 catches for 691 receiving yards and six touchdowns. As a true freshman at college in 2017, he made two receptions for 14 yards. By his sophomore year 2018, he expanded to 15 receptions for 162 yards. During his junior year, Kmet faced a setback with a broken collarbone that caused him to miss the season's first three games. Initially planning to return for his senior year, he ultimately decided to enter the 2020 NFL Draft. Kmet's athletic roots trace back to St. Viator High School, where he excelled in football and baseball. His potential was recognized early when he was invited to play in the U.S. Army All-American Bowl in 2017.

Cole Kmet Contract Breakdown

In 2023, Kmet signed a four-year contract with the Chicago Bears worth $50,000,000 including an average annual salary of $12,500,000, according to Spotrac.

Contract termsAverage SalarySigning BonusGTD at SignTotal GTD
4 yr(s) / $50,000,000$12,500,000$8,000,000$22,893,000$32,793,000
YearAgeBase SalarySigning BonusCap HitDead Cap
202324$4,993,000$2,367,778$7,360,778$23,660,778
202425$9,900,000$1,600,000$11,600,000$16,300,000
202526$9,900,000$1,600,000$11,600,000$4,800,000
202627$8,900,000$1,600,000$11,600,000$3,200,000
202728$8,900,000$1,600,000$11,600,000$1,600,000

How much is Cole Kmet getting paid?

According to Spotrac, Kmet will earn a base salary of $9,900,000 for the 2024 season. His contract states that he will earn an average annual salary of $12,500,000.

How much does Cole Kmet make in a minute?

According to Spotrac reports, Kmet will make $12,500,000 annually. Since there are 525,600 minutes a year, divide that by his average yearly pay. It comes to almost $22.83 per minute.

What are the terms of Cole Kmet's contract?

Cole Kmet was guaranteed $22.893M at signing (signing bonus + 2023 salary + 2024 salary), which also includes $9.9M 2025 salary fully guarantees 3/15/2024 (injury guaranteed at sign), and the roaster bonus of $1 million in 2026 and 2027.

How much of Cole Kmet’s contract is guaranteed?

According to Spotrac, Kmet was guaranteed $32,793,000 of the total $50,000,000.

Cole Kmet's Career Earnings

As of November 2024, Kmet has earned a total of $29,161,763 from his NFL contract, as per Spotrac.

Cole Kmet Contract History

Chicago Bears (July 2020)

Kmet signed a 4 year, $7,577,778 contract with the Chicago Bears.

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FAQs on Cole Kmet

A. Cole Kmet attended the University of Notre Dame from 2017 to 2019, playing both football and baseball.

A. Cole Kmet weighs 260 pounds or 118 kg.

A. Cole Kmet is of American nationality. He was born and raised in Lake Barrington, Illinois, in the United States.

A. Cole Kmet's average annual salary is $12.5 million, as per his four-year contract extension with the Chicago Bears, worth $50 million.


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