Myles Garrett is a Cleveland Browns player who has been playing in the National Football League (NFL) since 2017. The highly rated defensive end was drafted by the Cleveland Browns in 2017 as pick number 1 of Round 1. He signed a fully guaranteed four-year contract worth $30.41 million. It included a signing bonus of $20.25 million. The Browns opted for the fifth-year contract extension option in his contract. Garrett eventually signed a five-year contract extension worth $125 million. The money from the contract is set to be earned by him from 2022. A hundred million of the contract is guaranteed to Myles Garrett.
Myles Garrett Contract Breakdown
Here is a breakdown of Myles Garrett’s current five-year contract with the Cleveland Browns:
Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
5 yr(s) / $125,000,000 | $21,000,000 | $25,000,000 | $43,546,125 | $100,000,000 |
Year | Base Salary | Signing Bonus | Roster Bonus | Option | Cap Hit | Dead Cap | Yearly Cash |
2020 | $862,126 | $9,264,501 | - | - | $10,126,627 | $66,575,626 | $21,914,442 ($21,914,442) |
2021 | $1,019,000 | $4,200,000 | - | $4,133,000 | $9,352,000 | $56,449,000 | $21,684,000 ($43,598,442) |
2022 | $1,035,000 | $4,200,000 | - | $7,726,000 | $12,961,000 | $48,132,000 | $19,000,000 ($62,598,442) |
2023 | $17,250,000 | $4,200,000 | - | $7,726,000 | $29,176,000 | $35,171,000 | $17,250,000 ($79,848,442) |
Potential Out: | 2024, | 4 yr, | $79,848,442; | $23,245,000 dead cap | |||
2024 | $20,203,875 | $4,200,000 | - | $7,726,000 | $32,129,875 | $23,245,000 | $20,203,875 ($100,052,317) |
2025 | $14,796,125 | - | $5,000,000 | $7,726,000 | $27,522,125 | $11,319,000 | $19,796,125 ($119,848,442) |
2026 | $20,000,000 | - | $5,000,000 | $3,593,000 | $28,593,000 | $3,593,000 | $25,000,000 ($144,848,442) |
How much is Myles Garrett getting paid?
Myles Garrett is currently earning $25 million a year on an average from the 5-year contract with the Cleveland Browns. He is set to earn $17.5 million in 2023 from the contract. He can earn up to $144 million by the end of the contract.
How much money does Myles Garrett make in a minute?
Garrett has one of the best contracts by any defensive player in the NFL. His five-year $125 million is earning him almost $50 per minute.
How much of Myles Garrett’s Contract is guaranteed?
A contract guarantee is a clause in an NFL contract that ensures a certain amount of money to the player. The player is liable to receive the amount whether they can play or not. The amount is also guaranteed in the event of the cancellation of the contract. Myles Garrett is guaranteed $100 million of his contract. He received $43.5 million of the guaranteed amount at the time of signing.
What are the terms of Myles Garrett’s Contract?
- $43.5M fully guaranteed at signing (signing bonus + 2020 salary + 2021 salary + 2021 option bonus)
- 2021 Option Bonus: $20.665M (guaranteed, paid the 3rd league day of 2021, 3/19)
- 2022 Option Bonus: $17.965M (guarantees the 3rd league day of 2021, paid 3/19/2022)
- 2022 salary fully guarantees on the 3rd league day of 2021
- $10M of 2023 salary fully guarantees on the 3rd league day of 2022
- Remaining $7.25M of 2023 salary fully guarantees on the 3rd league day of 2023
- 2024 salary fully guarantees 3/15/2024
- 2024 Option Bonus: $18.9M
- 2025 Roster Bonus: $5M (5th league day of 2025)
- 2026 Roster Bonus: $5M (5th league day of 2026)
How long is Myles Garrett under contract?
Garrett’s contract is worth $125 million and keeps him with the Browns till 2026. In 2022, the option bonus in the contract will earn him a total of $20.665 million. $10 million of his 2023 salary is fully guaranteed after the 3rd league day of the 2022 season. He is also eligible for a $5 million roster bonus in the last two seasons of the contract.
Myles Garrett Career Earnings
Myles Garrett has just finished playing in his seventh season in the professional league. Being the number one overall pick in the 2017 NFL Draft, Garrett earned the best possible contract as a rookie. He has since earned another big contract in 2022 and he is set to earn more in the upcoming years as his contract is a back-heavy one.
Year | Team | Career earnings |
2017 | Cleveland Browns | $20,723,004 |
2018 | Cleveland Browns | $1,847,375 |
2019 | Cleveland Browns | $2,105,605 |
2020 | Cleveland Browns | $21,914,442 |
2021 | Cleveland Browns | $21,684,000 |
2022 | Cleveland Browns | $19,000,000 |
2023 | Cleveland Browns | $17,250,000 |
Total | - | $104,524,426 |
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FAQs
Q. When was Myles Garrett drafted?
A. Myles Garrett was drafted with the number one overall pick in the 2017 NFL Draft by the Cleveland Browns.
A. Myles Garrett was drafted with the number one overall pick in the 2017 NFL Draft by the Cleveland Browns.
Q. How big is Myles Garrett?
A. Myles Garrett is 6 ft 4 in (1.93 m) and weighs 272 lb (123 kg).
A. Myles Garrett is 6 ft 4 in (1.93 m) and weighs 272 lb (123 kg).
Q. Which position does Myles Garrett play?
A. Myles Garrett plays as a defensive end for the Cleveland Browns.
A. Myles Garrett plays as a defensive end for the Cleveland Browns.
Q. How many seasons has Myles Garrett played?
A. Myles Garrett has recently finished his seventh season in the NFL.
A. Myles Garrett has recently finished his seventh season in the NFL.