Kenneth Gainwell’s contract situation is intriguing for the Philadelphia Eagles, especially considering their running back situation could change significantly this offseason. Let’s take a look at Gainwell’s current contract and salary cap numbers entering his third season in the NFL.
Kenneth Gainwell’s Contract Details
As a fifth-round pick in the 2021 NFL Draft, Gainwell’s contract is a four-year deal worth $3.816 million. He received a $335,528 signing bonus, which was the only guaranteed part of the deal. The remainder of Gainwell’s contract is year-to-year, leaving little dead money if he were to be released.
Heading into 2023, Gainwell’s cap number is set to be just $1.024 million. That consists of a $940,000 base salary and $83,882 in prorated signing bonus. With none of the salary guaranteed, the Eagles could feasibly move on from Gainwell for a dead money number of just $167,764 (saving $856,118 on the cap).
MORE: 2023 Team By Team Salary Cap Space
Assuming the Eagles keep Gainwell around after his impressive showings in the 2022-23 NFL playoffs, he is eligible for an extension after the 2023 season. With Miles Sanders and Boston Scott both potential free agents this offseason, we could be in line to see Gainwell’s role increase.
Gainwell’s 13 carries and 14.5 touches per game in the NFC Divisional Round and Conference Championship are a big increase on his 3.67 rushing attempts and 5.36 touches per game in regular-season action through the first two years. That could be an indication that the Eagles are going to make Gainwell a feature back heading into 2023.
Gainwell’s Net Worth
At this early stage of his career, Gainwell’s net worth estimates are around $1-2 million. Those numbers likely stem from the fact that he signed a $3.816 million contract in 2021. However, to this point, Gainwell’s NFL career earnings are $1.821 million. Whether a re-signing with Philly or hitting the open market, those numbers should get a boost in due time.