Baker Mayfield, known for his impressive rise from a walk-on college quarterback to the first overall pick in the 2018 NFL Draft, currently boasts an impressive net worth.
However, 2024 is shaping up to be a game-changing year financially for the Tampa Bay Buccaneers quarterback.
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How much is Mayfield’s salary with the Bucs?
In March 2024, Mayfield signed a lucrative three-year contract extension with Tampa Bay worth $100 million, with the potential to reach $115 million through incentives.
This deal includes $50 million in guaranteed money and an average annual value of $33.33 million.
As a result, Mayfield will earn a staggering $33 million in 2024 alone, marking his most profitable season to date.
The quarterback’s calculated net worth is reported to be around $20 million.
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Baker Mayfield’s journey in the NFL
Mayfield’s NFL career began with the Cleveland Browns, where he signed a rookie contract that included a $21.8 million signing bonus.
Over his first six seasons in the league, he earned just under $50 million.
His journey took him through stints with the Carolina Panthers and Los Angeles Rams before landing in Tampa Bay in 2023.
His initial contract with the Buccaneers was modest-$1.25 million in salary and a $2.875 million signing bonus-but his performance clearly justified the massive extension.
Despite his on-field success, Mayfield has faced challenges off the field.
In 2023, he filed a court petition in Texas seeking financial records related to $12 million he invested with several firms, including two founded by his father.
The uncertainty surrounding these investments represents a significant portion-60%-of his post-tax earnings from 2018 to 2023.
While Mayfield works to resolve these financial concerns, his personal life is thriving.
He and his wife, Emily Wilkinson, welcomed their first child, Kova Jade, in April 2024.
Balancing family life, financial challenges, and his NFL career, Mayfield’s 2024 season is shaping up to be a pivotal chapter in both his professional and personal life.
With his new contract solidifying his place as one of the league’s highest earning player, Baker Mayfield continues to prove people wrong for underestimating his ability to succeed.
