Details Of The Deal

Harrison Butker Signs Five-Year Extension with Chiefs

Details of the Deal

Harrison Butker, the star kicker for the Kansas City Chiefs, has signed a five-year extension with the team worth $20,275,000. The deal includes a $700,000 signing bonus and an average annual salary of $4,18 million. Butker's contract also includes incentives that could push the total value of the deal even higher.

Salary Cap Impact

Butker's new contract has a significant impact on the Chiefs' salary cap. The signing bonus will count against the team's cap for the 2023 season, while the remaining $19,575,000 will be spread out over the next five years. This means that Butker's cap hit will be $4,18 million in 2023, $3,9 million in 2024, and $4,0 million in each of the remaining three years of the deal.

Career Earnings and Investments

Butker has earned a total of $10,575,000 in his NFL career. In addition to his salary, Butker has also made significant investments in real estate and other ventures. He is known for his philanthropy, having donated millions of dollars to various charities.