On Thursday afternoon, the Arizona Cardinals announced the signing of their first overall pick in the 2019 draft, quarterback Kyler Murray. ESPN’s Adam Schefter reported the signing.
Kyler Murray's fully guaranteed 4-year deal will be $35,158,645, which includes a $23,589,924 signing bonus via @corryjoel https://t.co/obSnhIx9DX
— Robert Raiola, CPA (@SportsTaxMan) May 9, 2019
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Murray’s contract, as reported by Schefter, is the typical four-year rookie deal with a fifth-year option. Prior to the draft, Spotrac estimated the top overall selection would net a four-year deal worth approximately $34.9 million, with a signing bonus of $23.4 million. The Cardinals have reportedly agreed to a contract worth $35.1 million with a $23.5 million signing bonus. Not bad for having never played a down of football in the NFL.
Since the 2011 CBA agreement, rookie contracts have been less than suspenseful, since contracts follow a draft slot scale. Most first round selection receive a fully guaranteed contract, with the team option of a fifth season.
– Ryan Adverderada is the Managing Editor for Full Press Coverage Cardinals. Like and follow on Follow @ryanadverderada Follow @Cardinals and Facebook.
