Joe Burrow to bag 500% pay rise from Bengals – and make even more from endorsements
NFL superstar Joe Burrow agonisingly missed out on Super Bowl LVII – but the Cincinnati Bengals quarter-back is now in line for a bumper 500% pay rise.
Burrow was outclassed by the sensational Patrick Mahomes as the Kansas Chiefs edged a thrilling AFC Championship game on Sunday night.
The 26-year-old was targeting his second straight Super Bowl in just his third season, but the Chiefs kicked a dramatic-winning field goal late on to book their spot in the sport’s greatest showpiece.
Majestic Mahomes battled on with an injured ankle to throw for 326 yards and two touchdowns in a season-defining showing that inspired his team to victory over Burrow’s Bengals.
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But while Burrow came up just short, he has been credited with transforming the Bengals into regular Super Bowl contenders, whilst still on a rookie contract.
In his first four-year contract with the Bengals, Burrow is said to have earned $36 million (£29m), which is the equivalent to £7.2m per season.
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But the NFL’s 2020 number one draft pick is already one of the stars of American football and is expected to be rewarded with fresh mega-money terms to stay with the Bengals.
Sports business insider Andrew Petcash claims that, based on current market value, Burrow could have his Bengals salary bumped by up by up to 500% when he negotiates his contract extension in the off-season.
Burrow – who was sacked five times by the Chiefs – is expected to sign a fifth-year option to remain in Cincinnati, but the Bengals are also said to be lining up fresh terms to tie their star man to a longer-term deal.
And Petcash suggests that a new contract could offer Burrow a staggering $45m (£36m) per season to retain his services.
But the bumper Bengals salary is not Burrow’s sole earner as the quarter-back is already raking in huge sums from lucrative endorsement deals.
Burrow is said to also take home $15m (£12m) a year for working with huge brands such as Nike, Nerf and Bose.
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