Mike Onwenu

New England Patriots, Right Tackle
Age: 26-232d (Dec 10, 1997)
Exp: 5 Years
Country: US
College: Michigan
Drafted: Round 6 (#182 overall), 2020
Agent(s): Independent Sports & Entertainment
2024 Cap Hit

$10,941,176

2024 Cash

$26,000,000

Career Earnings

$6,848,351

2024-2026 Free Agent (CURRENT)

Mike Onwenu signed a 3 year , $57,000,000 contract with the New England Patriots, including $22,500,000 signing bonus, $36,500,000 guaranteed, and an average annual salary of $19,000,000. In 2024, Onwenu will earn a base salary of $2,000,000, a signing bonus of $22,500,000 and a workout bonus of $500,000, while carrying a cap hit of $10,941,176 and a dead cap value of $36,500,000.
Contract Terms:
3 yr(s) / $57,000,000
Average Salary:
$19,000,000
Signing Bonus:
$22,500,000
GTD at Sign:
$36,500,000
Total GTD:
$36,500,000
Free Agent:
2027 / UFA
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2024 27 $10,941,176 4.28% $26,000,000 $26,000,000 $36,500,000
2025 28 $21,000,000 7.68% $13,500,000 $39,500,000 $27,000,000
POTENTIAL OUT: 2026, 2 YR, $39,500,000; $7,500,000 DEAD CAP
2026 29 $25,000,000 8.55% $17,500,000 $57,000,000 $7,500,000
2027 30
UFA
Year Age Base P5 Salary Signing Proration Roster/Gm Bonus Workout Bonus Cap Hit Cap % League Cap Dead Cap
2024 27 $2,000,000 $7,500,000 $941,176 $500,000 $10,941,176 4.28% $36,500,000
2025 28 $12,000,000 $7,500,000 $1,000,000 $500,000 $21,000,000 7.68% $27,000,000
POTENTIAL OUT: 2026, 2 YR, $39,500,000; $7,500,000 DEAD CAP
2026 29 $16,000,000 $7,500,000 $1,000,000 $500,000 $25,000,000 8.55% $7,500,000
2027 30
UFA
Year Age Base P5 Salary Signing Bonus Workout Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 27 $2,000,000 $22,500,000 $500,000 $26,000,000 $26,000,000 $26,000,000 $19,000,000
2025 28 $12,000,000 - $500,000 $13,500,000 $39,500,000 $19,750,000 $15,500,000
2026 29 $16,000,000 - $500,000 $17,500,000 $57,000,000 $19,000,000 $17,500,000
Contract Notes
  • $36.5M guaranteed (signing bonus + 2024 salary + 2025 salary)
  • Per Game Active Bonus: $58,823 ($1M)
Source: NFL contract specifics generally collected from verified reports.

2020-2023 Rookie

Mike Onwenu signed a 4 year , $3,497,476 contract with the New England Patriots, including $202,476 signing bonus, $202,476 guaranteed, and an average annual salary of $874,369.
Contract Terms:
4 yr(s) / $3,497,476
Average Salary:
$874,369
Signing Bonus:
$202,476
GTD at Sign:
$202,476
Total GTD:
$202,476
Free Agent:
2024 / UFA
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Career Earnings thru 2024

$6,848,351

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2020 23
Active
$1,367,268
$1,367,268
2021 24
Active
$780,000
$2,147,268
2022 25
Active
$1,708,083
$3,855,351
2023 26
Active
$2,993,000
$6,848,351
Total      
$6,848,351
$6,848,351
2024 27
Active
$26,000,000
2025 28
Active
$13,500,000
2026 29
Active
$17,500,000
Total
$63,848,351
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2020
23
$610,000
$202,476
$554,792
$1,367,268
$1,367,268
2021
24
$780,000
$780,000
$2,147,268
2022
25
$895,000
$813,083
$1,708,083
$3,855,351
2023
26
$2,993,000
$2,993,000
$6,848,351
Total
$5,278,000
$202,476
$1,367,875
$6,848,351
$6,848,351
2024
27
$2,000,000
$22,500,000
$500,000
$26,000,000
2025
28
$12,000,000
$500,000
$13,500,000
2026
29
$16,000,000
$500,000
$17,500,000
Total
$35,278,000
$22,702,476
$1,500,000
$1,367,875
$63,848,351

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
4 $5,278,000 $202,476 - - - $1,367,875 $6,848,351

Injuries

Year Weeks Reason
2021 NE 5 - 5 COVID-19
  • Mar 11, 2024 Signed a 3 year $57 million contract with New England (NE)
  • May 08, 2020 Signed a 4 year $3.49 million contract with New England (NE)
  • Apr 25, 2020 Drafted by New England (NE): Round 6 (#182 overall)
Year Team GP GS Snaps Snaps%
2023 NE 14 14 794 79.90
2022 NE 17 17 1,046 99.40
2021 NE 16 8 647 58.60
2020 NE 16 16 926 91.60

Calculated Market Value

Market Value

  • 4 years, $58,933,936
  • Avg. Salary: $14,733,484
  • NFL Rank: 145
  • RT Rank: 14

Current Contract

  • Free Agent: 2027
  • Avg. Salary: $19,000,000
  • NFL Rank: 94
  • RT Rank: 5

Comparable Players

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

Player Length Value Avg. Salary Age When Signed
Kaleb McGary 3 $34,500,000 $11,500,000 28
Jawaan Taylor 4 $80,000,000 $20,000,000 25
Ben Powers 4 $51,500,000 $12,875,000 26
Connor McGovern 3 $22,350,000 $7,450,000 25
Averages 4 $47,087,500 $12,956,250 26.0

Base Calculated Value

After adjusting the above contracts as if signed at Onwenu's current age (26), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
4 $52,096,296 $13,024,074

Statistical Comparisons

Now we'll compare our variables and Onwenu statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, QB Hurries Allowed/Gm, QB Sacks Allowed/Gm, Rating

Player GP% QB Hurries Allowed/Gm QB Sacks Allowed/Gm Rating
Kaleb McGary
2021-2022
97.06 0.97 0.45 74.50
Jawaan Taylor
2021-2022
100.00 1.06 0.32 59.50
Ben Powers
2021-2022
88.24 0.87 0.10 64.55
Connor McGovern
2021-2022
91.18 0.83 0.10 60.90
Average 94.12 0.93 0.24 64.86
Mike Onwenu
2022-2023
93.94 0.91 0.12 75.40
Pct Change -0.19 2.15 50.00 16.25
Median Prime % Change 9.20%
Average Prime % Change 17.05%

Calculated Market Value: Mike Onwenu

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
4 years, $58,933,936 $14,733,484
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