After hearing his name called first during the 2017 NFL draft on Thursday night, new Cleveland Browns defensive end Myles Garrett is set for an estimated $30 million raise.
According to Spotrac, the No. 1 overall pick in this year’s draft will earn a projected signing bonus of around $20.16 million and a contract valued at $30.28 million over the next four years. That’s an increase from last year’s top selection, Jared Goff, who signed a four-year deal with the Los Angeles Rams worth $27.98 million with a signing bonus of $18.52 million.
Here’s a complete look at what the first 32 picks in this year’s draft are estimated to make, and what kind of hit they’ll have on their team’s 2017 cap:
|Pick||Team||Total $||Signing Bonus $||2017 Cap $|
One thing to watch will be players who slip and just how much money they end up losing. One of the most publicized draft falls last year was Laremy Tunsil, a potential Top-5 selection who ended up going No. 13 to the Miami Dolphins. He still got a $7.26 million signing bonus and $12.46 million contract, but that’s quite the decrease from No. 5 pick Jalen Ramsey, who collected more than double the signing bonus ($15.18 million) and a $23.35 million contract.
Top 20 is also an important cut-off, as being drafted within those first 20 selections basically assures a rookie of receiving a fully-guaranteed four-year contract.