Sheldon Taylor Rankins is an American football defensive tackle for the Cincinnati Bengals in the NFL. The New Orleans Saints selected him as the 12th pick in the first round of the 2016 NFL Draft. He went to Eastside High School, following which he joined the University of Louisville in 2012 and graduated in 2015 with a total of 103 tackles and 18 sacks. At the end of the 2023 season and over his 8-year NFL career, Rankins has played in 109 games, recording a total of 229 tackles, 29.5 sacks, five forced fumbles, one interception, and three pass deflections.
Sheldon Rankins’ Contract Breakdown
According to Spotrac, the Cincinnati Bengals and Sheldon Rankins agreed to a two-year, $24.5 million free agent contract in 2024, with $8 million guaranteed and an average salary of $12.25 million per year. Though the contract is for two years, there is an option for the team to release the player after the 2024 season, with a dead cap of $2 million. Unless they don’t release him, he would earn the rest of the $14 million.
| Contract Terms | Avg Salary | Signing Bonus | GTD at Sign | Total Guaranteed | Free Agent |
| 2 yr(s) / $24,500,000 | $12,250,000 | N/A | $8,000,000 | $8,000,000 | 2026 / UFA |
| Year | Age | Base Salary | Signing | Roster | Roster/Gm | Workout | Cap Hit | Cap % | Dead Cap |
| 2024 | 30 | $5,450,000 | $2,000,000 | $4,000,000 | $441,165 | $50,000 | $11,941,165 | 4.68% | $8,000,000 |
| Potential Out: 2025, 1 year, $14,000,000; $2,000,000 Dead Cap | |||||||||
| 2025 | 31 | $7,450,000 | $2,000,000 | $1,500,000 | $1,500,000 | $50,000 | $12,500,000 | 4.57% | $2,000,000 |
| 2026 | 32 | UFA | - | - | - | - | - | - | - |
How much is Sheldon Rankins getting paid?
As per his contract, Sheldon Rankins’ average annual salary with the Bengals is $12.25 million. Also, in the 2024 season, he will earn $4.45 million in base salary, $2 million in signing bonus, $4 million in roster bonus, $441,165 in per game bonus, and $50,000 in workout bonus, leading to a cap hit of $11.94 million and a dead cap value of $8 million, according to Spotrac.
Sheldon Rankins’ Career Earnings
As of August 2024, Sheldon Rankins’ total career earnings are $40.85 million, according to Spotrac.
What are the terms of Sheldon Rankins Contract?
As per the terms of the 2024 Bengals contract, Shelson Rankins is guaranteed to receive $8 million, which is assured given that he is active or not. Further, there is the option of a per-game active bonus, earning $29,411 per game in 2024 and $88,235 per game in 2025, totaling $500,000 and $1.5 million, respectively, for 17 regular-season games.
There is also another clause for earning $1.5 million as a roster bonus, if he is still on the roster by the fifth day of the league year in the 2025 season. This bonus is awarded if the player is not traded or released before the start of the "league year," which typically occurs in mid-March.
How much of Sheldon Rankins Contract is guaranteed?
Out of the $24.5 million total value of the Sheldon Rankins' contract with the Cincinnati Bengals, a total of $8 million is guaranteed at signing.
Sheldon Rankins’ Contract History
Sheldon Rankins was the overall #12 pick by the New Orleans Saints at the 2016 NFL Draft and signed a four-year rookie contract worth $12.8 million, after which, in 2021, he signed a two-year free agent contract with the New York Jets, worth $11 million. In the 2023 season, he signed a one-year contract with the Houston Texans, worth $9.75 million as a free agent.
| Year(s) | Team | Contract Terms | Avg Salary | Signing | GTD at Sign | Total Guaranteed | Free Agent |
| 2016-2020 | New Orleans Saints | 4 yr(s) / $12,801,648 | $3,200,412 | $7,510,289 | $12,801,648 | $12,801,648 | 2021 / UFA |
| 2021-2022 | New York Jets | 2 yr(s) / $11,000,000 | $5,500,000 | $1,500,000 | $4,500,000 | $6,000,000 | 2023 / UFA |
| 2023-2023 | Houston Texans | 1 yr(s) / $9,750,000 | $9,750,000 | $7,000,000 | $850,000 | $850,000 | 2024 / UFA |
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FAQs on Sheldon Rankins
A. Sheldon Rankins makes an average annual salary of $12.25 million as per his most recent contract and has total career earnings of $40.85 million as of August 2024.
A. Sheldon Rankins went to the University of Louisville from 2012-2015.
A. Sheldon Rankins weighs 305 pounds or 138 kg.
A. Sheldon Rankins stands 6 feet 2 inches or 188 cm., tall.
A. Sheldon Rankins signed his rookie contract in 2016 and has been on the NFL for eight seasons, with 2024 being his ninth season.
