How much is Rhamondre Stevenson's contract?

Last Modified Nov 9, 2023 10:13 GMT

Rhamondre Stevenson has made a career out of overcoming the odds. A Las Vegas, Nevada native, he made his way onto the collegiate season with the Oklahoma Sooners. During his two years, he was consistently solid. In his first five games, he was responsible for securing a rushing touchdown each night. From there, he continued to build on his game.


While he would miss a large portion of his second year due to a suspension, after returning, he was excellent in his 6 remaining games. He surpassed his totals for yards and touchdowns as a rusher, he would improve significantly, showcasing potential growth into a valuable addition to any roster. The culmination of his college career was his performance in the 2020 Cotton Bowl MVP.


Seeing the potential he could display, Bill Belichick and the New England Patriots selected Stevenson with the 120th overall draft pick in the 4th round of the 2021 NFL Draft. While he did not initially get playing time for the first half of the season, he eventually made his way into the rotation through some strong performances and injuries to other running backs on the team.


During the 2022 season, he had a true breakout year compiling over 1,000 rushing yards while receiving for another 400+. This season, he is firmly in line to be the team’s primary Running Back and the Patriots are expecting another leap from the 3rd-year player.


While still on his mediocre rookie-scale deal that he signed in 2021, his continued improvement with solid performances have endeared him to the team and the safe bet would be for him to earn a bigger buck once his current contract expires.


Rhamondre Stevenson
Rhamondre Stevenson


Rhamondre Stevenson Contract Breakdown

Here is a breakdown of Rhamondre Stevenson’s current four-year deal with the New England Patriots:

ContractSigning BonusAverage SalaryGTD at SignTotal GTD
4 yr(s) / $4,229,056$749,056$1,057,264$749,056$749,056


YearBase SalarySigning BonusCap HitDead CapYearly Cash
2021$660,000$187,264$847,264$749,056$1,409,056
2022$825,000$187,264$1,012,264$561,792$825,000
2023$940,000$187,264$1,127,264$374,528$940,000
2024$1,055,000$187,264$1,242,264$187,264$1,055,000


How much is Rhamondre Stevenson getting paid?

Rhamondre Stevenson’s current contract is earning him just a touch over $1 million annually, on average. Due to his relatively low draft standing, his contract is among the cheapest in the league, with the total coming in at $4,229,056 over the 4 years.


How much money does Rhamondre Stevenson make a minute?

At his current pace, he is making just a little more than $2 per minute, each day, totaling a little more than $1 million per year. Stevenson’s contract with the New England Patriots is among the cheaper ones in the NFL currently. Given his production and the amount he’s making, it is one of the best bargains for any organization in the league.


How much of Rhamondre Stevenson’s Contract is guaranteed?

Out of the total $4,229,056 due in his contract, Stevenson is eligible to a guaranteed sum of just $749,056 - a sum that was made available at the time of signing. Due to his low draft standing, the typical rookie security blanket did not apply for Stevenson and he did not have the entirety of his rookie contract guaranteed. However, with his play continuing to impress, it remains a safe bet that he’ll see through his current contract and get a much more lucrative deal in the future.


What are the terms of Rhamondre Stevenson’s Contract?

Stevenson’s contract is one without many clauses or offsets. The 4-year, $4,229,056 contract has very little in terms of guaranteed money due to his relatively low positioning in the NFL Draft. Further, it is his signing bonus worth $749,056 that also serves as the amount guaranteed to him. Unsurprisingly, that amount was guaranteed at the time of signing. This year, Stevenson is slated to earn $940,000 in base salary. His amount will carry a cap hit worth $1,127,264. Further, the dead cap value that it brought along amounts to $374,528.


FAQs

A: Rhamondre Stevenson signed a 4-year rookie contract with the New England Patriots in 2021. Currently, he is in year 3, with a 5th-year player option becoming eligible next year.

A: Rhamondre Stevenson is set to return as the RB1 for the New England Patriots.

A: Rhamondre Stevenson is still on his rookie contract with the New England Patriots, an extremely cheap contract in comparison to his production. This year, he is set to earn a base salary of just $940,000.

A: The sheer amount of targets that Stevenson gets makes him a valuable fantasy football pickup. Due to the relatively cheap nature, the 4th-highest targeted player (percentage-wise), makes him a cheap bargain choice for fantasy teams. 

A: Extensions and contract restructuring to previous contracts have led to the previous summer setting the stage for some of the richest contracts in the league. In order, the list goes - Joe Burrow, Patrick Mahomes, Justin Herbert, Lamar Jackson, and Jalen Hurts.

Related Stories

NFL fans react to Rhamondre Stevenson's $36,000,000 extension with Patriots - "Insane overpay for a mid RB" "This is criminal" NFL fans react to Rhamondre Stevenson's $36,000,000 extension with Patriots - "Insane overpay for a mid RB" "This is criminal"
NFL fans react to Rhamondre Stevenson's $36,000,000 extension with Patriots - "Insane overpay for a mid RB" "This is criminal"
Ranking 3 best QB situations in NFL feat. Caleb Williams for Bears Ranking 3 best QB situations in NFL feat. Caleb Williams for Bears
Ranking 3 best QB situations in NFL feat. Caleb Williams for Bears
5 highest-paid players in Miami Dolphins history feat. Xavien Howard and more 5 highest-paid players in Miami Dolphins history feat. Xavien Howard and more
5 highest-paid players in Miami Dolphins history feat. Xavien Howard and more 
JJ Watt slams yellow card usage during France-Belgium Euros 2024: "This ref is outta control" JJ Watt slams yellow card usage during France-Belgium Euros 2024: "This ref is outta control"
JJ Watt slams yellow card usage during France-Belgium Euros 2024: "This ref is outta control"
Tim Boyle highlights why he has "no bad blood" with Jets despite offseason exit after serving as Aaron Rodgers' backup Tim Boyle highlights why he has "no bad blood" with Jets despite offseason exit after serving as Aaron Rodgers' backup
Tim Boyle highlights why he has "no bad blood" with Jets despite offseason exit after serving as Aaron Rodgers' backup
5 highest-paid players in Jaguars' history feat. Cam Robinson and more 5 highest-paid players in Jaguars' history feat. Cam Robinson and more
5 highest-paid players in Jaguars' history feat. Cam Robinson and more 
5 NFL rookies who could exceed expectations in 2024 season ft. Malik Nabers 5 NFL rookies who could exceed expectations in 2024 season ft. Malik Nabers
5 NFL rookies who could exceed expectations in 2024 season ft. Malik Nabers 
1d
5 highest-paid players in Jets' history feat. Darelle Revis and more 5 highest-paid players in Jets' history feat. Darelle Revis and more
5 highest-paid players in Jets' history feat. Darelle Revis and more 
8h
NFL analyst expresses doubt about Tyreek Hill receiving $45,000,000 from Dolphins in 2026 NFL analyst expresses doubt about Tyreek Hill receiving $45,000,000 from Dolphins in 2026
NFL analyst expresses doubt about Tyreek Hill receiving $45,000,000 from Dolphins in 2026
1d
LaDainian Tomlinson evaluates Joe Mixon's fit with Texans: “They will kill people on the perimeter” LaDainian Tomlinson evaluates Joe Mixon's fit with Texans: “They will kill people on the perimeter”
LaDainian Tomlinson evaluates Joe Mixon's fit with Texans: “They will kill people on the perimeter”
App download animated image Get the free App now