Bradley Chubb hasn’t signed a contract with the Denver Broncos yet, but his deal is nearly finalized, and once he puts pen to paper, he’s gonna have a lot of money to look forward to. Per Broncos beat writer Mike Klis:
First-round pick (No. 5 overall) Bradley Chubb is finalizing a contract agreement this morning with Broncos, per league source. With slotting formula, he is expected to get $17.914 million signing bonus; total 4-year deal worth about $27.27 milion. #9sports— Mike Klis (@MikeKlis) June 21, 2018
There’s not really any negotiating that goes into NFL rookie contracts anymore—a while back, the league adopted a wage scale for first-year deals that is similar in concept to what Major League Baseball has been doing for a long time. So, basically, the value of Chubb’s contract was essentially set as soon as he was drafted, according to his draft position.
Here is a good breakdown of the rookie wage scale. Every rookie contract is for four years.
Top 10 picks still get a pretty penny, though, and Chubb is no exception. A good chunk of this deal will be guaranteed.