Henry Ruggs III is a talented wide receiver who was drafted by the Las Vegas Raiders in the first round of the 2020 NFL Draft. The Alabama prospect quickly became a fan-favorite due to his speed and athleticism, which he displayed during his college career. Much has been said about Henry Ruggs` salary since he was drafted by the Raiders. So, what is his salary contract like, and how does it stack up against his peers?
According to reports, Henry Ruggs III signed a four-year deal with the Las Vegas Raiders worth $16.67 million. The deal includes a $11.7 million signing bonus, which is a significant amount, especially for a rookie. The signing bonus will be spread over four years, which means Ruggs will receive an average of $2.93 million per year.
Ruggs` base salary in 2020 will be $610,000, which is the minimum salary for a rookie in the NFL. His salary will increase each year, reaching $3.63 million in 2023, his final year under contract. The contract also includes standard NFL incentives and escalators, which could add to Ruggs` earnings if he meets certain performance benchmarks.
So, how does Henry Ruggs` salary compare to other NFL wide receivers? Let`s take a look at some of his peers. The highest-paid wide receiver in the NFL is Julio Jones, who signed a three-year, $66 million extension with the Atlanta Falcons in 2019. The deal includes a $25 million signing bonus and an average annual salary of $22 million. Other well-paid wide receivers include Amari Cooper ($20 million per year), Michael Thomas ($19.25 million per year), and Odell Beckham Jr. ($18 million per year).
While Henry Ruggs` salary may seem relatively modest compared to some of his peers, it`s important to remember that he`s a rookie who has yet to prove himself at the NFL level. Ruggs has the potential to become a top-flight wide receiver, but he`ll need to work hard and put in the effort to make that happen. If he does, he could earn a much higher salary down the road.
In conclusion, Henry Ruggs III signed a four-year, $16.67 million deal with the Las Vegas Raiders, which includes a $11.7 million signing bonus. While his salary may seem low compared to some of his peers, it`s important to remember that he`s a rookie who has yet to prove himself. With hard work and dedication, Ruggs could become one of the NFL`s highest-paid wide receivers in the future.