Jimmy Garoppolo's Salary: A Breakdown of His Earnings

Jimmy Garoppolo, the quarterback for the San Francisco 49ers, has been a subject of interest when it comes to his contract and earnings. In this article, we will provide a comprehensive breakdown of Garoppolo’s salary and contract details. The information presented in this article is based on credible sources, including Sporting News, Over The Cap, and The Ringer.

Contract Overview

Garoppolo signed a five-year contract with the San Francisco 49ers in 2018, worth a total of $137.5 million [1]. However, it is important to note that NFL contracts are not fully guaranteed, unlike contracts in other sports leagues such as MLB and NBA.

2022 Restructuring

In 2022, Garoppolo restructured his contract and signed a one-year deal with the 49ers. The terms of this contract include a base salary of $7 million, along with incentives. Additionally, the contract includes a no-trade clause and a no-franchise tag clause [2]. This restructuring allowed the 49ers to create salary cap space while keeping Garoppolo as their starting quarterback.

Incentives and Bonuses

Garoppolo’s one-year deal includes various incentives based on his performance. These incentives include bonuses for reaching specific snap counts, weekly game checks, and additional bonuses for wins and playoff appearances [2]. If Garoppolo remains healthy for the remainder of the season, he has the potential to earn additional bonuses totaling $4 million, along with the $100,000 he has already earned [2].

Future Contract Details

Looking ahead to the future, Garoppolo’s contract includes specific details for the upcoming years. In 2023, he is set to receive a roster bonus of $11.25 million [2]. In 2024, Garoppolo’s contract includes another $11.25 million roster bonus, and his salary cap charge for that year is $28,337,000 [2]. In 2025, Garoppolo is scheduled to earn a salary of $22.5 million, with a corresponding salary cap charge of $28,517,000 [2].

Contract Void and Salary Cap Charges

However, it’s worth noting that Garoppolo’s contract becomes void in 2026, and his salary cap charge for that year is $8,534,000 [2]. In 2027, his contract remains void, and there is no salary cap charge associated with his contract [2].

Conclusion

In conclusion, Jimmy Garoppolo’s salary and contract details have been a topic of discussion in the NFL. He signed a substantial contract in 2018, making him one of the highest-paid players in the league at that time. In 2022, he restructured his contract to a one-year deal with incentives. Looking ahead, his contract includes specific bonuses, roster bonuses, and salary cap charges until the contract becomes void in 2026. It will be interesting to see how Garoppolo’s career progresses and how his earnings may evolve in the coming years.

FAQs

Jimmy Garoppolo’s Salary: A Breakdown of His Earnings

What was the value of Jimmy Garoppolo’s contract with the San Francisco 49ers?

Jimmy Garoppolo signed a five-year contract with the San Francisco 49ers in 2018, worth a total of $137.5 million.

Did Jimmy Garoppolo restructure his contract in 2022?

Yes, in 2022, Garoppolo restructured his contract and signed a one-year deal with the 49ers. The new contract included a base salary of $7 million, along with incentives.

What are the incentives included in Garoppolo’s one-year deal?

How much additional bonus money can Garoppolo earn if he remains healthy for the rest of the season?

If Garoppolo remains healthy for the rest of the season, he has the potential to earn additional bonuses totaling $4 million, along with the $100,000 he has already earned.

What are the future contract details for Garoppolo?

In 2023, Garoppolo is set to receive a roster bonus of $11.25 million. In 2024, his contract includes another $11.25 million roster bonus, and his salary cap charge for that year is $28,337,000. In 2025, Garoppolo is scheduled to earn a salary of $22.5 million, with a corresponding salary cap charge of $28,517,000.

When does Garoppolo’s contract become void?

Garoppolo’s contract becomes void in 2026. However, in 2027, his contract remains void, and there is no salary cap charge associated with his contract.

Are NFL contracts fully guaranteed?

No, unlike contracts in other sports leagues such as MLB and NBA, NFL contracts are not fully guaranteed. This means that not all of the money specified in the contract is guaranteed to be paid to the player.

Is Jimmy Garoppolo one of the highest-paid players in the NFL?

When Jimmy Garoppolo signed his contract with the San Francisco 49ers in 2018, it made him one of the highest-paid players in the NFL at that time. However, the rankings of highest-paid players can change as new contracts are signed by other players in subsequent years.