If you`re a football fan, you`re likely familiar with the name Henry Ruggs III. This young star made headlines in the 2020 NFL Draft when he was selected by the Las Vegas Raiders as the 12th overall pick. Since then, fans have been eagerly awaiting news on his contract details. In this article, we`ll take a closer look at Henry Ruggs III`s contract details and what they mean for his future with the Raiders.
First, let`s start with the basics. Henry Ruggs III signed a 4-year contract worth $16.7 million with the Las Vegas Raiders in July 2020. This includes a signing bonus of $9.5 million and a guaranteed salary of $15.1 million. His annual average salary is $4.2 million, which is a solid number for a rookie player.
Of course, the real question is what Ruggs will need to do to earn that money over the next four years. As with most NFL contracts, the details of Ruggs` deal are quite complex. Here are some of the key factors that will determine his earnings:
– Performance bonuses: Ruggs has the potential to earn additional money if he meets certain performance targets. For example, he could earn up to $1.5 million in performance bonuses if he catches a certain number of passes or reaches certain yardage milestones.
– Workout bonuses: Ruggs can earn up to $100,000 per year if he attends a certain number of workouts during the offseason.
– Roster bonuses: Ruggs will earn a roster bonus of $1.8 million if he is still on the Raiders` roster at the start of the 2022 season. This is a common feature in NFL contracts and motivates players to stay with their team for the long haul.
Overall, Henry Ruggs III`s contract details reflect the Raiders` belief in his potential as a player. They are investing heavily in him and believe that he has what it takes to be a star in the NFL. Of course, only time will tell whether this investment pays off, but for now, Raiders fans can be excited to see what Ruggs can do on the field.
In conclusion, Henry Ruggs III`s contract details are complex, but they reflect the Raiders` confidence in his abilities. With a solid guaranteed salary and the potential to earn even more through performance and roster bonuses, Ruggs has plenty of incentives to perform at his best. Football fans will be watching closely to see how he develops over the next four years.