Josh Downs

Indianapolis Colts, Wide Receiver
Age: 24y-6m-24d (Aug 12, 2001)
Exp: 2 Years
Country: US
College: North Carolina
Drafted: Round 3 (#79 overall), 2023
Agent(s): Trevon Smith (Athletes First)
2026 Cap Hit

$4,023,720

2026 Cash

$3,770,000

Career Earnings

$4,026,490

2023-2026 Rookie (CURRENT)

Josh Downs signed a 4 year, $5,520,459 contract with the Indianapolis Colts, including $1,014,880 signing bonus, $1,014,880 guaranteed, and an average annual salary of $1,380,115. In 2026, Downs will earn a base salary of $3,770,000, while carrying a cap hit of $4,023,720 and a dead cap value of $253,720.
Contract Terms:
4 yr(s) / $5,520,459
Average Salary:
$1,380,115
Signing Bonus:
$1,014,880
GTD at Sign:
$1,014,880
Total GTD:
$1,014,880
Free Agent:
2027 / UFA
MANAGE CONTRACT
Year Age Status Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2023 22 $1,003,720 0.45% $1,764,880 $1,764,880 $1,014,880
2024 23 $1,254,650 0.49% $1,000,930 $2,765,810 $761,160
2025 24 $1,514,400 0.54% $1,260,680 $4,026,490 $516,260
2026 25
Estimate
 $4,023,720 1.34% $3,770,000 $7,796,490 $253,720
2027 26
UFA
Year Age Status Base P5 Salary Signing Proration Workout Bonus Cap Hit Cap % League Dead Cap
2023 22 $750,000 $253,720 - $1,003,720 0.45% $1,014,880
2024 23 $1,000,930 $253,720 - $1,254,650 0.49% $761,160
2025 24 $1,251,860 $253,720 $8,820 $1,514,400 0.54% $516,260
2026 25
Estimate
 $3,770,000 $253,720 - $4,023,720 1.34% $253,720
2027 26
UFA
Year Age Status Base P5 Salary Signing Bonus Workout Bonus Cash Total Cash Cumulative Cash Remaining
2023 22 $750,000 $1,014,880 - $1,764,880 $1,764,880 $7,796,490
2024 23 $1,000,930 - - $1,000,930 $2,765,810 $6,031,610
2025 24 $1,251,860 - $8,820 $1,260,680 $4,026,490 $5,030,680
2026 25
Estimate
 $3,770,000 - - $3,770,000 $7,796,490 $3,770,000
Contract Notes

  • 2026 Proven Performance Escalator (Level 2)

Source: NFL contract specifics generally collected from verified reports.
Seasons

2 Years

Career Earnings thru 2026

$4,026,490

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2023 22
Active
$1,764,880
$1,764,880
2024 23
Active
$1,000,930
$2,765,810
2025 24
Active
$1,260,680
$4,026,490
Total      
$4,026,490
$4,026,490
2026 25
Active / estimate
$3,770,000
Total
$7,796,490

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
3 $3,002,790 $1,014,880 - - $8,820 - $4,026,490
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2023
22
$750,000
$1,014,880
$1,764,880
$1,764,880
2024
23
$1,000,930
$1,000,930
$2,765,810
2025
24
$1,251,860
$8,820
$1,260,680
$4,026,490
Total
$3,002,790
$1,014,880
$8,820
$4,026,490
$4,026,490
2026
25
$3,770,000
$3,770,000
Total
$6,772,790
$1,014,880
$8,820
$7,796,490

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
3 $3,002,790 $1,014,880 - - $8,820 - $4,026,490
  • May 16, 2023 Signed a 4 year $5.52 million contract with Indianapolis (IND)
  • Apr 28, 2023 Drafted by Indianapolis (IND): Round 3 (#79 overall)
Year Team GP GS Snaps Snaps% Rec Receptions Rec Yards Rec Touchdowns Fum
2025 IND 16 11 594 55.36 58 566 4 1
2024 IND 14 8 602 55.38 72 803 5 0
2023 IND 17 9 788 68.64 68 771 2 0

Calculated Market Value

$14.0M Avg. Annual Salary

Market Value

  • 4 years, $56,054,416
  • Avg. Salary: $14,013,604
  • NFL Rank: 196
  • WR Rank: 26

Current Contract

  • Free Agent: 2027
  • Avg. Salary: $1,380,115
  • NFL Rank: 761
  • WR Rank: 81

Comparable Players

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

Player Length Value Avg. Salary Age When Signed
Jerry Jeudy 3 $52,500,000 $17,500,000 24
Jakobi Meyers 3 $33,000,000 $11,000,000 26
Khalil Shakir 4 $53,058,000 $13,264,500 25
Christian Kirk 4 $72,000,000 $18,000,000 25
Averages 4 $52,639,500 $14,941,125 25.0

Base Calculated Value

After adjusting the above contracts as if signed at Downs's current age (24), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
5 $72,268,600 $14,453,720

Statistical Comparisons

Now we'll compare our variables and Downs statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Snaps %, Rec Tgt/Gm, Rec/Gm, Rec Yds/Gm, Rec TD/Gm, YAC/GM, Drops/Gm, Rating

Player GP% Snaps % Rec Tgt/Gm Rec/Gm Rec Yds/Gm Rec TD/Gm YAC/GM Drops/Gm Rating
Jerry Jeudy
2022-2023
 91.18 62.30 6.03 3.90 55.81 0.26 23.71 0.32 73.10
Jakobi Meyers
2021-2022
 91.18 74.95 7.16 4.84 53.87 0.26 15.23 0.13 75.25
Khalil Shakir
2023-2024
 94.12 52.90 4.53 3.59 44.75 0.19 27.84 0.09 76.05
Christian Kirk
2020-2021
 93.94 72.65 5.87 4.03 51.71 0.35 13.65 0.26 67.50
Average 92.61 65.70 5.90 4.09 51.54 0.27 20.11 0.20 72.98
Josh Downs
2024-2025
 87.10 54.15 6.56 4.41 44.78 0.33 18.85 0.22 80.60
Pct Change -5.95 -17.58 11.19 7.82 -13.12 22.22 -6.27 -10.00 10.44
Median Prime % Change -5.95%
Average Prime % Change -0.14%

Calculated Market Value: Josh Downs

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, $56,054,416 $14,013,604
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