Hold onto your hats, football fans – we’re diving deep into the world of contracts today. If you’ve been keeping an eye on the NFL lately, chances are you’ve heard of Gardner Minshew – the charismatic quarterback who’s taken the league by storm. But have you ever wondered what kind of money he’s making? Buckle up and get ready to learn all about his base salary and bonuses, as we take a closer look at the ins and outs of Gardner Minshew’s contract!
Introduction to Gardner Minshew
Gardner Minshew is in the NFL now and his contract is public information. Here is a look at what his base salary and bonuses are for the 2019 season.
Minshew’s base salary this year is $480,000. He also has a signing bonus of $45,834 and a roster bonus of $50,000. His total contract is worth $2,025,834 over four years.
The base salary for an NFL player typically increases each year of their rookie contract as they demonstrate their worth to their team. However, Minshew’s 2019 salary will remain the same as his 2020 salary because he was drafted in the sixth round. Bonuses are often given out to late-round picks like Minshew to incentivize them to sign with the team that drafted them instead of pursuing other opportunities.
Minshew’s roster bonus is paid out if he is on the team’s active roster for at least six games during the 2019 season. This incentive encourages Minshew to work hard and stay healthy so that he can contribute on game days.
As a late-round pick, Minshew will have to fight for a spot on the Jaguars’ depth chart behind starter Nick Foles and backup Cody Kessler. If he can make an impact during training camp and preseason games, he may be able to earn a larger role on offense this season.
Overview of Gardner Minshew’s Contract
Gardner Minshew’s contract with the Jacksonville Jaguars is a four-year deal worth $3.271 million, with a signing bonus of $687,500. His base salary for the 2019 season is $495,000, and he has a roster bonus of $50,000. In 2020, his base salary increases to $610,000, and he has a roster bonus of $100,000. 2021 sees another increase, this time to $735,000, with a roster bonus of $150,000. The final year of the contract, 2022, has a base salary of $860,000 and a roster bonus of $200,000.
In addition to his base salary and bonuses, Minshew also has numerous other incentives built into his contract. These include:
- A per-game active roster bonus of $12,500 in 2019 and 2020;
- An annual workout bonus of $50,000;
- A playing time incentive of $250,000 if he plays at least 60% of the team’s offensive snaps in 2019 or 2020; and
- A Pro Bowl incentive of $500,000 if he is selected to play in the Pro Bowl in either 2019 or 2020.
Details of Gardner Minshew’s Base Salary and Bonuses
Gardner Minshew’s base salary is $1.04 million for the 2020 season, which is fully guaranteed. He also has a $50,000 workout bonus included in his contract.
In addition to his base salary, Minshew will also receive annual bonuses of $250,000 for each year he is on the 53-man roster and $100,000 for each year he is active for at least eight games. He can earn an additional $50,000 if he is named the NFL Offensive Rookie of the Year.
Minshew’s contract includes a fourth-year option for the 2023 season that would need to be exercised by the Jaguars prior to the start of the 2022 league year. If exercised, Minshew’s base salary for 2023 would be $2.755 million with a $50,000 workout bonus included.
Pros and Cons of the Contract for Both Parties
It’s no secret that NFL contracts are complex. They can be confusing for fans and media to understand, let alone the players themselves. So let’s take a look at Gardner Minshew’s contract and break down what it means for both him and the Jacksonville Jaguars.
Minshew is in the first year of his four-year rookie contract. His base salary this season is $495,000, which is fully guaranteed. He also has a signing bonus of $58,209 that he will receive in equal installments over the life of the contract.
In addition to his base salary and signing bonus, Minshew can earn up to $2.1 million in performance-based incentives each year. These incentives are based on things like playing time, team wins, individual statistical milestones, and Pro Bowl appearances. If he meets all of these incentive benchmarks, his total compensation for this season could reach up to $2.6 million.
Now let’s take a look at what this means for both parties involved. For Minshew, it’s a low-risk deal with the potential to earn a lot of money if he performs well. If he doesn’t play well or gets injured, he still has three years left on his contract and can try to prove himself again next season. The Jaguars are taking a bit more of a risk because they’re investing more money in Minshew than they would have to with another quarterback on a veteran minimum contract. However
What This Means for the Jacksonville Jaguars Going Forward
The Jacksonville Jaguars have a lot to be excited about with Gardner Minshew under contract for the next four seasons. His base salary is $1.02 million for 2020 and will increase to $3.26 million in 2023, the final year of his deal. In total, Minshew will earn $11.34 million over the course of his four-year contract.
Minshew’s 2020 salary is fully guaranteed, while his 2021 and 2022 salaries are each partially guaranteed. His 2023 salary is not guaranteed at all. However, Minshew does have a signing bonus of $2.75 million that will be paid out over the first two years of his contract.
In 2020, Minshew’s base salary ranks him 26th among all NFL quarterbacks. His 2021 salary will rank him 23rd among quarterbacks, while his 2022 and 2023 salaries will rank him 21st and 20th, respectively.
As far as bonuses go, Minshew can earn up to $1 million in performance-based incentives each year of his contract. He has already earned $250,000 for making the Pro Bowl in 2019 and can earn an additional $250,000 if he makes the Pro Bowl again in 2020. He can also earn up to $500,000 each year if he reaches certain statistical benchmarks, such as throwing for 3,500 yards or 30 touchdowns.
Gardner Minshew’s contract is a reflection of the rising demand for talented quarterbacks in the NFL. His base salary and bonuses represent an impressive deal for the Jaguars’ franchise quarterback, and his future looks bright as he continues to prove himself on the field with every passing season. With Gardner Minshew leading their team, Jacksonville fans can certainly look forward to some exciting football this year and beyond.