The NFL Draft is a live-changing moment for all the draft picks. Within a few days, they are about to become millionaires. While the money is exciting, the real deal is when the college players turn their dreams into reality.
In case you are wondering how much these NFL Draft picks get paid round-by-round in the NFL Draft, do not worry. The page will explain everything you need to know.
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NFL Draft picks salary: Round-by-round analysis
One of the most important things to note is that the salary of the rookies vary depending on where they are drafted. And the salary is locked. This process has been followed in the NFL since the 2011 Collective Bargaining Agreement.
All the rookies sign four-year deals. It is only after the third year of the rookie contract, extensions for these players will begin. The teams will have the chance to exercise a fifth-year option on the first round picks, which will turn them into a 5-year deal.
The salary of the players is straightforward - higher the pick, higher the salary. Lower the pick, lower the salary.
Here is a breakdown of how much will every round pick earn in total value:
| Total Value | Signing Bonus | 2023 Salary Cap | ||
| Round 1 | Highest pick (1st) | $37,955,071 | $24,603,688 | $6,900,922 |
| Last pick (31st) | $11,817,816 | $5,594,775 | $2,148,694 | |
| Round 2 | Highest pick (32nd) | $9,618,343 | $3,995,158 | $1,748,790 |
| Last pick | $6,068,635 | $1,413,552 | $1,103,388 | |
| Round 3 | Highest pick (64th) | $5,763,789 | $1,191,846 | $1,047,962 |
| Last pick | $5,304,082 | $857,514 | $964,379 | |
| Round 4 | Highest pick (103rd) | $4,682,283 | $842,283 | $960,571 |
| Last pick | $4,349,381 | $509,381 | $877,345 | |
| Round 5 | Highest pick (136th) | $4,201,995 | $361,995 | $840,499 |
| Last pick | $4,084,977 | $244,977 | $811,244 | |
| Round 6 | Highest pick (178th) | $4,058,303 | $218,303 | $804,576 |
| Last pick | $3,973,334 | $133,334 | $783,334 | |
| Round 7 | Highest pick (218th) | $3,957,140 | $117,140 | $779,285 |
| Last pick | $3,917,777 | $77,777 | $769,444 | |
How much do the first round picks of 2023 NFL Draft make?
Here are the details of how much every first round pick in the 2023 NFL Draft will make.
| Draft Pick | Team | Player | Position | Total Value |
| 1 | Carolina Panthers | Bryce Young | QB | $41.2 million |
| 2 | Houston Texans | C. J. Stroud | QB | $39.4 million |
| 3 | Houston Texans | Will Anderson Jr. | LB | $38.2 million |
| 4 | Indianapolis Colts | Anthony Richardson | QB | $36.9 million |
| 5 | Seattle Seahawks | Devon Witherspoon | CB | $34.5 million |
| 6 | Arizona Cardinals | Paris Johnson Jr. | OT | $30.4 million |
| 7 | Las Vegas Raiders | Tyree Wilson | DE | $27.02 million |
| 8 | Atlanta Falcons | Bijan Robinson | RB | $23.7 million |
| 9 | Philadelphia Eagles | Jalen Carter | DT | $23.5 million |
| 10 | Chicago Bears | Darnell Wright | OT | $22.6 million |
| 11 | Tennessee Titans | Peter Skoronski | OT | $21.2 million |
| 12 | Detroit Lions | Jahmyr Gibbs | RB | $19.2 million |
| 13 | Green Bay Packers | Lukas Van Ness | DE | $18.7 million |
| 14 | Pittsburgh Steelers | Broderick Jones | OT | $17.8 million |
| 15 | New York Jets | Will McDonald IV | DE | $17.5 million |
| 16 | Washington Commanders | Emmanuel Forbes | CB | $16.5 million |
| 17 | New England Patriots | Christian Gonzalez | CB | $16.2 million |
| 18 | Detroit Lions | Jack Campbell | LB | $15.7 million |
| 19 | Tampa Bay Buccaneers | Calijah Kancey | DT | $15.5 million |
| 20 | Seattle Seahawks | Jaxon Smith-Njigba | WR | $15.4 million |
| Miami Dolphins | Selection forfeited | |||
| 21 | Los Angeles Chargers | Quentin Johnston | WR | $15.3 million |
| 22 | Baltimore Ravens | Zay Flowers | WR | $15.2 million |
| 23 | Minnesota Vikings | Jordan Addison | WR | $14.99 million |
| 24 | New York Giants | Deonte Banks | CB | $14.7 million |
| 25 | Buffalo Bills | Dalton Kincaid | TE | $14.5 million |
| 26 | Dallas Cowboys | Mazi Smith | DT | $14.3 million |
| 27 | Jacksonville Jaguars | Anton Harrison | OT | $14.16 million |
| 28 | Cincinnati Bengals | Myles Murphy | DE | $14.07 million |
| 29 | New Orleans Saints | Bryan Bresee | DT | $13.4 million |
| 30 | Philadelphia Eagles | Nolan Smith | LB | $13.05 million |
| 31 | Kansas City Chiefs | Felix Anudike-Uzomah | DE | $12.75 million |
FAQs
A. The highest paid player in the NFL is Joe Burrow, who earns an annual salary of $55 million.
A. Bryce Young is the highest paid rookie by the virtue of getting drafted 1st overall. His contract is worth $37.95 million.
A. The highest paid wide receiver in 2023 is Tyreek Hill, earning $30 million annually.
A. The rookie contract is for four years. The first round picks will have a fifth-year option.
A. Teams will use the fifth-year option on a player to retain the valuable player at a cheaper price since he is still on the rookie deal.
