NFL
Mike Onwenu
Mike Onwenu
2024 Cap Hit
$10,941,176
2024 Cash
$26,000,000
Career Earnings
$32,848,351
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.
| Year | Age | Status | 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 |
- $36.5M guaranteed (signing bonus + 2024 salary + 2025 salary)
- Per Game Active Bonus: $58,823 ($1M)
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.
Career Earnings thru 2024
$32,848,351
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 |
|
| 2024 | 27 |
|
Active
|
$26,000,000 |
$32,848,351 |
|
| Total |
$32,848,351 |
$32,848,351 |
||||
| 2025 | 28 |
|
Active
|
$13,500,000 |
$46,348,351 |
|
| 2026 | 29 |
|
Active
|
$17,500,000 |
$63,848,351 |
|
| 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 |
||||||
| 2024 |
|
27 |
$2,000,000
|
$22,500,000 |
$500,000 |
$26,000,000 |
$32,848,351 |
||||
| Total |
$7,278,000 |
$22,702,476 |
$500,000 |
$1,367,875 |
$32,848,351 |
$32,848,351 |
|||||
| 2025 |
|
28 |
$12,000,000
|
$500,000 |
$13,500,000 |
$46,348,351 |
|||||
| 2026 |
|
29 |
$16,000,000
|
$500,000 |
$17,500,000 |
$63,848,351 |
|||||
| 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 |
| 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: 152
- RT Rank: 10
Current Contract
- Free Agent: 2027
- Avg. Salary: $19,000,000
- NFL Rank: 92
- 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 |
