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NFL rookies are set to get a big payday but their exact salary depends on where they are drafted. According to OvertheCap.com, the range of salaries for a first-round pick is $6.58 million for the top pick to $1.96 million at No. 32 overall.
The No. 1 pick is LSU quarterback Joe Burrow who will sign an estimated four-year, $36.19 million contract with the Cincinnati Bengals. Burrow’s base salary is projected to be $610,000 but will also land a $23.88 million signing bonus. This is a slight jump from the four-year, $35.15 million contract that Kyler Murray signed with the Arizona Cardinals in 2019, per Spotrac.
As Sports Illustrated detailed, some players will get an added bonus of being drafted by a team headquartered in one of the nine states that do not have state income taxes. For example, players selected by the Jacksonville Jaguars, Tampa Buccaneers and Miami Dolphins will save a bit of money since Florida does not have state taxes.
The 2020 NFL Rookie Minicamp Will Take Place Virtually
This is the most unique draft we have seen given the spectacle that the event has become. You do not have to look too far back from the traveling rock show that the draft has become to the picks being announced in a hotel lobby. Not only will NFL general managers be making their picks virtually, but rookies will not be doing on-field work in the weeks following the draft.
Rookie minicamps will take place virtually, and it will be interesting to see if this impacts how players will be evaluated in the draft. Players deemed to be more pro-ready may get a bit of a boost since there will not be the typical offseason calendar where draftees will get hands-on work with their new coaches. Chicago Bears head coach Matt Nagy admitted that the offseason work with rookies will look a bit different.
“You’re not going to be standing there in front of 30 or 60 or however many players speaking your team message for the day,” Nagy told the Chicago Tribune. “You’re going to have to rely on them looking at it online, with online installations. How do we do that by being as clear as we possibly can, but also not making it be forever to where they get bored staring a screen for a long time?”
NFL Draft 2020: 1st Round Pick Salary Projections
The following salary projections are courtesy of OverthCap.com. The estimates are based on the particular draft slot, not the team. If a trade occurs, the player will make what is slotted for the pick in which he is selected. These numbers include a player’s base salary along with their signing bonus.
| PICK | TEAM | TOTAL SALARY |
| 1. | Bengals | $6,580,026 |
| 2. | Redskins | $6,284,290 |
| 3. | Lions | $6,096,096 |
| 4. | Giants | $5,881,017 |
| 5. | Dolphins | $5,504,625 |
| 6. | Chargers | $4,832,502 |
| 7. | Panthers | $4,294,801 |
| 8. | Cardinals | $3,757,101 |
| 9. | Jaguars | $3,730,216 |
| 10. | Browns | $3,582,349 |
| 11. | Jets | $3,353,827 |
| 12. | Raiders | $3,031,205 |
| 13. | Colts | $2,950,550 |
| 14. | Buccaneers | $2,816,127 |
| 15. | Broncos | $2,762,356 |
| 16. | Falcons | $2,601,045 |
| 17. | Cowboys | $2,547,275 |
| 18. | Steelers | $2,480,064 |
| 19. | Bears | $2,439,735 |
| 20. | Rams | $2,426,293 |
| 21. | Eagles | $2,412,850 |
| 22. | Bills | $2,385,965 |
| 23. | Patriots | $2,359,081 |
| 24. | Saints | $2,305,310 |
| 25. | Vikings | $2,278,427 |
| 26. | Texans | $2,251,540 |
| 27. | Seahawks | $2,224,656 |
| 28. | Ravens | $2,211,213 |
| 29. | Titans | $2,103,342 |
| 30. | Packers | $2,046,218 |
| 31. | 49ers | $1,998,369 |
| 32. | Chiefs | $1,967,559 |
NFL Draft 2020: Rookie Contracts for 1st Round Picks
The following data represents the total value of each player’s contract for four years based on where they are selected, per OvertheCap.com.
| PICK | TEAM | CONTRACT |
| 1. | Bengals | $36,190,146 |
| 2. | Redskins | $34,563,598 |
| 3. | Lions | $33,528,528 |
| 4. | Giants | $32,345,592 |
| 5. | Dolphins | $30,275,436 |
| 6. | Chargers | $26,578,764 |
| 7. | Panthers | $23,621,404 |
| 8. | Cardinals | $20,664,054 |
| 9. | Jaguars | $20,516,188 |
| 10. | Browns | $19,702,918 |
| 11. | Jets | $18,446,050 |
| 12. | Raiders | $16,671,626 |
| 13. | Colts | $16,228,028 |
| 14. | Buccaneers | $15,488,700 |
| 15. | Broncos | $15,192,958 |
| 16. | Falcons | $14,305,746 |
| 17. | Cowboys | $14,010,014 |
| 18. | Steelers | $13,640,352 |
| 19. | Bears | $13,418,544 |
| 20. | Rams | $13,344,610 |
| 21. | Eagles | $13,270,678 |
| 22. | Bills | $13,122,806 |
| 23. | Patriots | $12,974,944 |
| 24. | Saints | $12,679,208 |
| 25. | Vikings | $12,531,350 |
| 26. | Texans | $12,383,470 |
| 27. | Seahawks | $12,235,608 |
| 28. | Ravens | $12,161,670 |
| 29. | Titans | $11,568,384 |
| 30. | Packers | $11,254,202 |
| 31. | 49ers | $10,991,028 |
| 32. | Chiefs | $10,821,576 |
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