Drew Lock Contract: Salary, Cap Hit, And Potential Extension
Drew Lock Contract: Salary, Cap Hit, and Potential Extension
Denver Broncos quarterback Drew Lock signed a four-year, $4 million contract as a rookie in 2019. The contract included a $1.5 million signing bonus and a $660,000 base salary in his first season.
Salary and Cap Hit
Lock's salary and cap hit have increased slightly each year of his contract. In 2022, he is set to earn a base salary of $895,000 and a cap hit of $1.1 million.
Potential Extension
Lock is eligible for a contract extension after the 2022 season. The Broncos are reportedly interested in signing him to a long-term deal, but the two sides have yet to reach an agreement.
A potential Lock extension could range from $10 million to $20 million per year. The exact amount will depend on his performance this season and the Broncos' salary cap situation.
Conclusion
Drew Lock is entering a pivotal season in his career. If he can perform well in 2022, he could earn a significant contract extension. However, if he struggles, the Broncos may be forced to look for a new quarterback in the future.