Less than a decade ago, Baltimore Ravens WR Odell Beckham Jr. was among the biggest names in the NFL among wide receivers, as well as the highest paid. But this past year, he worked under a one-year contract and will be an unrestricted free agent after this season.
Here’s a breakdown of Beckham Jr.’s contract for the 2023 season.
How Much Will Odell Beckham Jr. Make This Season?
According to the website Spotrac, Beckham Jr. signed a one-year contract with the Ravens in April 2023. The contract’s was for $15 million, with a signing bonus of $13.835 million and a base salary of $1.165 million.
The contract also included performance-based incentives that could have added up to $3 million to the deal. He has earned $1,000,000 in incentives, bringing the value of his deal up to $16,000,000.
The cap hit for the contract, according to Spotrac, is $4,932,000, but there is a potential dead cap hit of $15 million.
As mentioned, it is a one-year contract, making Beckham Jr. an unrestricted free agent after this season.
Beckham Jr.’s Net Worth
Beckham Jr. has earned nearly $100 million in his NFL career, including this season. He has earned $53,089,524 in salary, $40,223,144 in signing bonuses, $1,500,000 in other bonuses, and $4,083,808 in incentives.
Forbes.com estimates that Beckham Jr. has earned approximately $5 million in endorsements in his career, with his biggest sponsor being Nike.
The bulk of Beckham’s net worth came from a five-year, $90 million contract extension he signed in August 2018, back when he was a member of the New York Giants. The contract made him the highest-paid wide receiver in the NFL.
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Broken down by franchise, Beckham Jr. earned $31,868,419 with the Giants and $46,778,057 from the Cleveland Browns, who acquired him from the Giants in March 2019, just seven months after Beckham Jr. signed his deal.
He earned $4,250,000 with the Los Angeles Rams, who he signed with in November 2021. Beckham helped to lead the Rams to a win in Super Bowl LVI, but despite catching a touchdown pass, he was injured in that game and was forced to miss the entire 2022 season.
To this point, Beckham Jr. has earned $16,000,000 with the Ravens.
Beckham Jr. was the 12th overall pick in the 2014 NFL Draft by the Giants and made an immediate impact in the NFL, finishing with 91 receptions, 1,305 receiving yards, and 12 TD receptions in only 12 games.
He made the Pro Bowl in each of his first three seasons with the Giants, accumulating 288 receptions, 4,122 receiving yards, and 35 touchdown receptions. However, injuries would curtail the momentum of the early start to his career.
Over his last six seasons, Beckham Jr. has played for four different teams — Giants, Browns, Ram, and Ravens — and has compiled fewer receptions (278), fewer receiving yards (3,810,) and fewer touchdown receptions (24) than he had over his first three seasons.
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