Jared Goff Contract

Last Modified Sep 29, 2022 14:24 GMT

Jared turned out to be a lucky charm for the Los Angeles Rams, leading the team to its first winning season in 14 years, first playoff appearance in 13 years in just his rookie year, and then in 2018, he further led the team’s to Super Bowl LIII - its first appearance in a Super Bowl since 2001.

However, since missing the playoffs in 2019, the Rams benched Goff for the 2020 playoffs, eventually trading him to the Detroit Lions for Matthew Stafford in January 2021. The reason for this may have been Goff’s steadily declining stats over the years.

Jared Goff Contract Breakdown

Jared Goff signed a 4 year, $134,000,000 contract with the Los Angeles Rams in 2019. It included a $25,000,000 signing bonus, $110,042,682 guaranteed, and an average annual salary of $33,500,000.

When Goff was traded to the Detroit Lions in 2021 they did a simple restructure of the contract he had with the Los Angeles Rams. They converted $20 million of his 2021 salary of $25.3 million into a bonus.

The details of can be broken down as below:

ContractSigning BonusAverage SalaryGTD at SignTotal GTD
4 yr(s) / $134,000,000$25,000,000$33,500,000$110,042,682$110,042,682

TeamYearBase SalaryRoster BonusRestructureCap HitDead CapYearly Cash
Rams2019$1,000,000--$10,629,577$61,672,260$26,000,000 ($26,000,000)
Rams2020$1,042,682$21,000,000$1,800,000$28,842,682$94,042,682$31,063,078 ($57,063,078)
Lions2021$5,650,000-$5,000,000$10,650,000$41,150,000$25,650,000 ($82,713,078)
Lions2022$10,650,000$15,500,000$5,000,000$31,150,000$41,150,000$26,150,000 ($108,863,078)
Potential Out: 2023, 4 yr, $108,863,078; $10,000,000 Dead Cap
Lions2023$20,650,000 $5,000,000$5,000,000$30,650,000$10,000,000$25,650,000 ($134,513,078)
Lions2024$21,650,064 $5,000,000$5,000,000$31,650,064$5,000,000$26,650,064 ($161,163,142)

What are the terms of Jared Goff’s contract?

When Jared Goff signed a four-year contract with the Rams in 2019 he received a signing bonus of $25 million and a guaranteed amount of $57 million during signing (which included the signing bonus).

After being traded to the Detroit Lions in 2021, most of the terms of his contract remained the same only his salary structure was restructured in order to free salary cap space for the Lions. In 2021, most of his salary was converted to a bonus and in 2022 part of his salary was restructured into a $15.5 million roster bonus. He has received the guaranteed amount of his 2022 roster bonus in March, 2022. His salary of $10 million is also guaranteed in 2022.

The contract has an option where Jared Goff can either extend his stay with the Lions after the 2022 season till 2024. His salary for the 2023 season will be around $20.6 million and in 2024 it will be around $21.6 million.

Jared Goff’s Contract History

YearContractSigning BonusAverage SalaryGTD at SignTotal GTD
2016 - 20204 yr(s) / $27,937,673$18,518,308$6,984,418$27,487,673$27,487,673

How many years does Jared Goff have left on his contract?

After being traded to the Detroit Lions in 2021, Jared Goff has a year left in his current contract (set to expire in 2022). When he joined the Detroit Lions, he had two more years left in his contract and after the 2022 NFL season, he and the Lions have the option of extending the contract for two more seasons.

What is Jared Goff’s salary?

Goff earns an average annual income of $33.5 million as per the terms of his 4-year contract extension with the Los Angeles Rams which was worth a whopping $134 million. He is earning the same amount on an average annually after joining the Lions as they simply restructured the contract he had with the Rams.

What is Jared Goff’s Net Worth?

According to Celebrity Net Worth, Jared Goff’s net worth is approximately $30 million as of 2022. Apart from his earnings from being a professional quarterback in the NFL, Goff also launched his own line of clothing, called JG18, in 2019.

Read More: Jared Goff’s Girlfriend Christen Harper

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