NFL Draft 2024: How much do 2nd round draft picks make?

The 2024 NFL Draft is the latest iteration of the showpiece event that sees teams select rookies in preparation for an upcoming season. These rookies would have played at least three years of collegiate football, undergone the NFL Combine and Pro Days, and declared for the big event.

Here examine how much second-round picks make off their first deals on the Gridiron.

How much do 2nd round draft picks make in the NFL?

According to Forbes, some earlier picks in the second round of the NFL Draft make nearly $10 million in their four-year rookie deals. The first pick in the second round makes just under $10 million, while the next eight players make somewhere around $9 million.

Furthermore, the last pick in the second round will earn a deal worth around $6.3 million. Following that selection, the salaries of subsequent draft picks in the later rounds steeply and noticeably reduce.

What is the minimum NFL rookie salary?

The current Collective Bargaining Agreement stipulates that the minimum sum that a rookie will earn in 2024 is $795,000. This is an increase from the $750,000 minimum in 2023. The player that earns this amount is known around the league as "Mr. Irrelevant," the last pick of a year's Draft.

We've had several notable "Mr. Irrelevants" over the years, but none comes close to San Francisco superstar Brock Purdy.

The 2022 Mr. Irrelevant led the San Francisco 49ers to a deep postseason run in his first season. Had it not been for an injury in the NFC Championship Game, there's a distinct possibility that Purdy would have led his team to a Super Bowl appearance in year one.

The Iowa product didn't take his foot off the gas in year two, as he played the best football of his young career. Purdy was shortlisted for the 2023 MVP Award and guided his franchise to a Super Bowl appearance, where they lost to the dynastic Kansas City Chiefs.