P.J. Locke

Denver Broncos, Safety
Age: 29y-0m-26d (Feb 12, 1997)
Exp: 6 Years
Country: US
College: Texas
Drafted: Undrafted, PIT, 2019
Agent(s): David Mulugheta (Athletes First)
Career Earnings

$11,776,261

2024-2025 Extension

P.J. Locke signed a 2 year, $7,000,000 contract with the Denver Broncos, including $2,000,000 signing bonus, $3,245,000 guaranteed, and an average annual salary of $3,500,000.
Contract Terms:
2 yr(s) / $7,000,000
Average Salary:
$3,500,000
Signing Bonus:
$2,000,000
GTD at Sign:
$3,245,000
Total GTD:
$3,245,000
Free Agent:
2026 / UFA
MANAGE CONTRACT
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2024 27 $2,425,000 0.95% $3,970,000 $3,970,000 $3,245,000
2025 28 $5,228,820 1.87% $3,978,820 $7,948,820 $1,008,820
2026 29
UFA
Year Age Base P5 Salary Signing Proration Active/GM Roster Bonus Workout Bonus Incentives Likely Cap Hit Cap % League Dead Cap
2024 27 $1,245,000 $1,000,000 $180,000 - - $2,425,000 0.95% $3,245,000
2025 28 $3,490,000 $1,000,000 $480,000 $8,820 $250,000 $5,228,820 1.87% $1,008,820
2026 29
UFA
Year Age Base P5 Salary Signing Bonus Active/Gm Roster Bonus Workout Bonus Cash Total Cash Cumulative Cash Remaining
2024 27 $1,245,000 $2,000,000 $225,000 - $3,970,000 $3,970,000 $7,948,820
2025 28 $3,490,000 - $480,000 $8,820 $3,978,820 $7,948,820 $3,978,820
Contract Notes
  • $3.245M guaranteed (signing bonus + 2024 salary)
  • 2024 Per Game Active Bonus: $15,000 ($255,000)
  • 2025 Per Game Active Bonus: $30,0000 ($510,000)
  • 2024 Incentives
    3 INTs: $250,000
    70% Playing Time: $250,000
  • 2025 Incentives
    4 INTs: $250,000
    80% Playing Time: $250,000
  • 2025 Escalator (non-cumulative)
    3 INTs: $250,000
    4 INTS: $500,000
    70% Playing Time: $250,000
    80% Playing Time: $500,000

Source: NFL contract specifics generally collected from verified reports.

2023-2023 Free Agent

Contract Terms:
1 yr(s) / $1,400,000
Average Salary:
$1,400,000
Signing Bonus:
$254,000
GTD at Sign:
$254,000
Total GTD:
$254,000
Free Agent:
2024 / UFA
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2022-2022

Contract Terms:
1 yr(s) / $895,000
Average Salary:
$895,000
Signing Bonus:
N/A
GTD at Sign:
Total GTD:
Free Agent:
2023 / RFA
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2020-2021

Contract Terms:
2 yr(s) / $1,390,000
Average Salary:
$695,000
Signing Bonus:
N/A
GTD at Sign:
Total GTD:
Free Agent:
2022 / ERFA
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2019-2021 undrafted

Contract Terms:
3 yr(s) / $1,757,000
Average Salary:
$585,667
Signing Bonus:
$2,000
GTD at Sign:
$2,000
Total GTD:
$2,000
Free Agent:
2022 / RFA
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Seasons

6 Years

Career Earnings thru 2026

$11,776,261

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2019 22
Retained
Retained
$16,000
$2,000
$16,000
$18,000
2020 23
Active
Retained
Retained
$713,359
$44,282
$16,800
$731,359
$775,641
$792,441
2021 24
Active
$780,000
$1,572,441
2022 25
Active
$895,000
$2,467,441
2023 26
Active
$1,360,000
$3,827,441
2024 27
Active
$3,970,000
$7,797,441
2025 28
Active
$3,978,820
$11,776,261
Total      
$11,776,261
$11,776,261
Total
$11,776,261

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
7 $8,035,317 $2,254,000 - - $8,820 $675,124 $11,774,261
1 - $2,000 - - - - $2,000
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2019
22
$16,000
$2,000
$16,000
$2,000
$16,000
$18,000
2020
23
$538,235
$44,282
$16,800
$175,124
$713,359
$44,282
$16,800
$731,359
$775,641
$792,441
2021
24
$780,000
$780,000
$1,572,441
2022
25
$895,000
$895,000
$2,467,441
2023
26
$1,010,000
$254,000
$1,360,000
$3,827,441
2024
27
$1,245,000
$2,000,000
$500,000
$3,970,000
$7,797,441
2025
28
$3,490,000
$8,820
$3,978,820
$11,776,261
Total
$8,035,317
$2,256,000
$8,820
$675,124
$11,776,261
$11,776,261
Total
$8,035,317
$2,256,000
$8,820
$675,124
$11,776,261

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
7 $8,035,317 $2,254,000 - - $8,820 $675,124 $11,774,261
1 - $2,000 - - - - $2,000

Injuries

Year Weeks Reason
2023 DEN 1 - 4 Leg
2021 DEN 14 - 14 COVID-19
  • Dec 26, 2025 Fined $11,593 Late Hit against Jacksonville (JAX)
  • Jan 03, 2025 Fined $13,972 Impermissible Use of the Helmet against Cincinnati (CIN)
  • Sep 20, 2024 Fined $13,972 Hit to a Defenseless Player against Pittsburgh (PIT)
  • Sep 20, 2024 Fined $13,972 Removing Helmet on the Field against Pittsburgh (PIT)
  • Mar 09, 2024 Signed a 2 year $7 million contract extension with Denver (DEN)
  • Mar 16, 2023 Signed a 1 year $1.4 million contract with Denver (DEN)
  • Mar 13, 2022 Signed a contract with Denver (DEN)
  • Sep 24, 2020 Signed to the active roster by Denver (DEN)
  • Sep 15, 2020 Signed to the practice squad by Denver (DEN)
  • Sep 14, 2020 Signed to the active roster by Denver (DEN)
  • Sep 06, 2020 Signed to the practice squad by Denver (DEN)
  • Sep 05, 2020 Waived by Denver (DEN)
  • Jan 02, 2020 Signed a reserve/future contract with Denver (DEN)
  • Dec 17, 2019 Signed to the practice squad by Denver (DEN)
  • Aug 31, 2019 Waived by Pittsburgh (PIT)
  • Apr 29, 2019 Signed a contract with Pittsburgh (PIT)

Fines

Date Reason Fine Amount
Dec 26, 2025 Late Hit against Jacksonville (JAX) $11,593
Jan 03, 2025 Impermissible Use of the Helmet against Cincinnati (CIN) $13,972
Sep 20, 2024 Removing Helmet on the Field against Pittsburgh (PIT) $13,972
Sep 20, 2024 Hit to a Defenseless Player against Pittsburgh (PIT) $13,972
Fines: 4 $53,509
Year Team GP GS Snaps Snaps% Sack Tackles Total Tackles Solo Tackles Assisted FFum Int
2025 DEN 16 3 173 15.16 0 10 6 4 0 0
2024 DEN 15 14 971 88.19 1 73 49 24 1 0
2023 DEN 12 8 539 50.28 3 53 33 20 2 1
2022 DEN 16 0 111 9.77 0 10 7 3 2 0
2021 DEN 16 0 198 18.32 0 6 5 1 0 0
2020 DEN 15 0 292 27.14 0 3 2 1 0 0

Calculated Market Value

$3.6M Avg. Annual Salary

Market Value

  • 1 years, $3,563,295
  • Avg. Salary: $3,563,295
  • NFL Rank: 564
  • S Rank: 39

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $3,500,000

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare P.J. Locke to.

Player Length Value Avg. Salary Age When Signed
Percy Butler 1 $5,556,000 $5,556,000 25
Isaiah Pola-Mao 2 $7,450,000 $3,725,000 25
Nick Scott 1 $1,337,500 $1,337,500 29
Will Harris 2 $8,000,000 $4,000,000 29
Averages 2 $5,585,875 $3,654,625 27.0

Base Calculated Value

After adjusting the above contracts as if signed at Locke's current age (29), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
1 $3,738,833 $3,738,833

Statistical Comparisons

Now we'll compare our variables and Locke statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Snaps %, Tackles/Gm, Int/Gm, Catch Rate/Yr, Rating

Player GP% Snaps % Tackles/Gm Int/Gm Catch Rate/Yr Rating
Percy Butler
2023-2024
 94.12 54.99 1.75 0.00 67.30 53.30
Isaiah Pola-Mao
2023-2024
 97.06 48.70 2.03 0.03 70.85 54.80
Nick Scott
2023-2024
 79.41 42.00 1.81 0.00 75.00 47.10
Will Harris
2023-2024
 88.24 47.75 2.20 0.07 70.30 53.15
Average 89.71 48.36 1.95 0.03 70.86 52.09
P.J. Locke
2024-2025
 91.18 51.68 1.77 0.00 63.20 56.25
Pct Change 1.64 6.87 -9.23 -100.00 10.81 7.99
Median Prime % Change 4.26%
Average Prime % Change -13.65%

Calculated Market Value: P.J. Locke

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
1 years, $3,563,295 $3,563,295
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