Justin Fields' contract extension: A deep dive into the rising NFL star's new deal

Justin Fields' contract extension is a major milestone in the young quarterback's career. The four-year, $122 million deal includes $85 million guaranteed and makes Fields one of the highest-paid players at his position. The contract is a sign of the Bears' belief in Fields' potential and their commitment to building a winning team around him.

Fields has shown flashes of brilliance in his first two seasons in the NFL, leading the Bears to an 8-8 record in 2022. He has thrown for 3,267 yards, 18 touchdowns, and 12 interceptions in his career. He has also rushed for 1,143 yards and nine touchdowns.

Fields' contract extension is a major investment by the Bears, but it is also a smart one. Fields is a talented young quarterback with a lot of potential. He has the arm strength, athleticism, and leadership skills to be a successful NFL quarterback. The Bears are hoping that Fields can lead them to their first Super Bowl title since 1985.

Personal details and bio data of Justin Fields

Name	Justin Skyler Fields
Born	March 14, 1999 (age 24)
Birthplace	Kennesaw, Georgia
Height	6 ft 3 in (1.91 m)
Weight	228 lb (103 kg)
Position	Quarterback
College	Ohio State
NFL Draft	2021 / Round: 1 / Pick: 11
Current Team	Chicago Bears

Transition to main article topics

Justin Fields' contract extension is a major development for the Bears and the NFL. It is a sign of the Bears' commitment to building a winning team around Fields. It is also a sign of Fields' potential as a quarterback. The Bears are hoping that Fields can lead them to their first Super Bowl title in over 30 years.

Justin Fields' Contract

Justin Fields' contract extension with the Chicago Bears is a significant development for both the player and the team. The four-year, $122 million deal includes $85 million guaranteed and makes Fields one of the highest-paid players at his position. The contract is a sign of the Bears' belief in Fields' potential and their commitment to building a winning team around him.

Length: Four years
Value: $122 million
Guaranteed money: $85 million
Average annual salary: $30.5 million
Signing bonus: $18.5 million
Roster bonus: $10 million
Per-game active roster bonus: $500,000
Workout bonus: $500,000

These key aspects of Fields' contract show that the Bears are committed to him as their franchise quarterback. The contract is a major investment, but it is one that the Bears believe will pay off in the long run. Fields is a talented young player with a lot of potential. He has the arm strength, athleticism, and leadership skills to be a successful NFL quarterback. The Bears are hoping that Fields can lead them to their first Super Bowl title since 1985.

1. Length

The length of Justin Fields' contract, four years, is significant for a number of reasons. First, it shows that the Bears are committed to Fields as their franchise quarterback. A four-year contract is a long-term commitment, and it gives Fields the security of knowing that he will be the Bears' quarterback for the foreseeable future. This will allow him to focus on his development and on helping the Bears win games.

Stability and Continuity: A four-year contract provides stability and continuity for both Fields and the Bears. Fields knows that he will be the starting quarterback for the next four years, which will allow him to focus on his development and on helping the Bears win games. The Bears know that they have their franchise quarterback in place, which will allow them to build their team around him.
Time to Develop: A four-year contract gives Fields time to develop and reach his full potential. He is still a young player, and he has shown flashes of brilliance in his first two seasons in the NFL. A four-year contract will give him the time and the opportunity to develop into one of the best quarterbacks in the league.
Financial Security: A four-year contract provides Fields with financial security. He is now one of the highest-paid players at his position, and he will be able to set himself and his family up for the future. This will allow him to focus on his football career and on helping the Bears win games.

Overall, the length of Justin Fields' contract is a positive development for both the player and the Bears. It shows that the Bears are committed to Fields as their franchise quarterback, and it gives Fields the time and the opportunity to develop and reach his full potential.

2. Value

The value of Justin Fields' contract, $122 million, is significant for a number of reasons. First, it reflects the Bears' belief in Fields' potential as a franchise quarterback. The Bears are betting that Fields will develop into one of the best quarterbacks in the NFL, and they are willing to pay him accordingly. Second, the value of Fields' contract is a reflection of the current market value for quarterbacks. Quarterbacks are the most important players on the field, and they are paid accordingly. The value of Fields' contract is in line with the contracts of other top quarterbacks in the NFL.

The value of Fields' contract is also important because it sets a precedent for future quarterback contracts. As the salary cap continues to rise, quarterbacks are likely to continue to command higher and higher salaries. Fields' contract is a sign that the quarterback market is only going to get more expensive in the years to come.

Overall, the value of Justin Fields' contract is a significant development for both the player and the Bears. It shows that the Bears are committed to Fields as their franchise quarterback, and it reflects the current market value for quarterbacks. The value of Fields' contract is also likely to have a ripple effect on the quarterback market in the years to come.

3. Guaranteed money

The guaranteed money in Justin Fields' contract is a significant component of the deal. It shows that the Bears are committed to Fields as their franchise quarterback. The guaranteed money also provides Fields with financial security and peace of mind. He knows that he will be paid $85 million over the next four years, regardless of his performance on the field.

The guaranteed money in Fields' contract is also important because it sets a precedent for future quarterback contracts. As the salary cap continues to rise, quarterbacks are likely to continue to command higher and higher salaries. Fields' contract is a sign that the quarterback market is only going to get more expensive in the years to come.

Overall, the guaranteed money in Justin Fields' contract is a significant development for both the player and the Bears. It shows that the Bears are committed to Fields as their franchise quarterback, and it reflects the current market value for quarterbacks. The guaranteed money in Fields' contract is also likely to have a ripple effect on the quarterback market in the years to come.

4. Average annual salary

Justin Fields' average annual salary of $30.5 million is a significant component of his contract and reflects his status as one of the rising stars in the NFL. This salary places him among the highest-paid quarterbacks in the league and is a testament to his talent and potential. The average annual salary is calculated by dividing the total value of the contract by the number of years, in this case, four. This figure is important because it provides a clear indication of the player's worth and the value that the team places on his contributions.

The average annual salary is also important for understanding the salary cap implications for the team. The salary cap is a limit on the amount of money that a team can spend on player salaries, and each player's salary counts towards this cap. Fields' $30.5 million salary will account for a significant portion of the Bears' salary cap, and the team will need to carefully manage their finances to ensure that they can fit all of their players under the cap.

Overall, Justin Fields' average annual salary of $30.5 million is a reflection of his talent and potential, and it is a significant component of his contract. This salary places him among the highest-paid quarterbacks in the league and will have a major impact on the Bears' salary cap situation.

5. Signing bonus

The signing bonus in Justin Fields' contract is a significant component of the overall deal, and it serves several important purposes. A signing bonus is a lump sum of money that is paid to a player when they sign their contract. This bonus is typically paid upfront, and it is not subject to the salary cap. This means that the Bears can spread the cap hit of Fields' signing bonus over the length of his contract, which allows them to maintain more salary cap flexibility in the present.

Attracting and Retaining Top Talent: Signing bonuses are often used as a way to attract and retain top talent. By offering a large signing bonus, the Bears were able to show Fields that they are committed to him and that they believe in his potential. This bonus can also help to offset the risk that Fields could get injured or underperform, as he is guaranteed to receive the signing bonus regardless of his performance on the field.
Salary Cap Management: As mentioned above, signing bonuses can be used to manage the salary cap. By spreading the cap hit of Fields' signing bonus over the length of his contract, the Bears will have more salary cap flexibility in the present. This flexibility can be used to sign other players, extend contracts, or make other roster moves.
Financial Security for the Player: Signing bonuses provide financial security for players. Fields will receive the full $18.5 million signing bonus upfront, regardless of his performance on the field. This money can be used to purchase a home, invest in businesses, or provide for his family. This financial security can give Fields peace of mind and allow him to focus on his football career.
Motivation and Performance: Signing bonuses can also serve as a motivator for players. By receiving a large signing bonus, Fields will be motivated to perform well and live up to the expectations of the Bears. This bonus can also help to create a sense of loyalty and commitment between the player and the team.

Overall, the signing bonus in Justin Fields' contract is a significant component of the overall deal. It serves several important purposes, including attracting and retaining top talent, managing the salary cap, providing financial security for the player, and motivating performance. By offering Fields a large signing bonus, the Bears have shown that they are committed to him and that they believe in his potential.

6. Roster bonus

The $10 million roster bonus in Justin Fields' contract is a significant component of the overall deal. A roster bonus is a lump sum of money that is paid to a player when they are included on the team's roster at a certain point in time. This bonus is typically paid in one installment, and it is subject to the salary cap. This means that the Bears will need to account for the $10 million roster bonus in their salary cap calculations.

Attracting and Retaining Top Talent: Roster bonuses can be used as a way to attract and retain top talent. By offering a large roster bonus, the Bears were able to show Fields that they are committed to him and that they believe in his potential. This bonus can also help to offset the risk that Fields could get injured or underperform, as he is guaranteed to receive the roster bonus regardless of his performance on the field.
Salary Cap Management: Roster bonuses can be used to manage the salary cap. By paying Fields a $10 million roster bonus in 2023, the Bears can spread the cap hit of this bonus over the remaining three years of his contract. This will allow the Bears to have more salary cap flexibility in the present.
Financial Security for the Player: Roster bonuses provide financial security for players. Fields will receive the full $10 million roster bonus in 2023, regardless of his performance on the field. This money can be used to purchase a home, invest in businesses, or provide for his family. This financial security can give Fields peace of mind and allow him to focus on his football career.
Motivation and Performance: Roster bonuses can also serve as a motivator for players. By receiving a large roster bonus, Fields will be motivated to perform well and live up to the expectations of the Bears. This bonus can also help to create a sense of loyalty and commitment between the player and the team.

Overall, the $10 million roster bonus in Justin Fields' contract is a significant component of the overall deal. It serves several important purposes, including attracting and retaining top talent, managing the salary cap, providing financial security for the player, and motivating performance. By offering Fields a large roster bonus, the Bears have shown that they are committed to him and that they believe in his potential.

7. Per-game active roster bonus

The per-game active roster bonus is a significant component of Justin Fields' contract, as it provides him with a financial incentive to be active and available for every game. This bonus is paid out to Fields for each game that he is on the active roster, regardless of whether or not he actually plays in the game. This means that Fields can earn up to $500,000 in per-game active roster bonuses over the course of a 17-game season.

The per-game active roster bonus is important for a number of reasons. First, it provides Fields with financial security. He knows that he will receive this bonus for each game that he is active, regardless of his performance. This can help him to budget and plan for his future. Second, the per-game active roster bonus can serve as a motivator for Fields. He knows that he will receive a bonus for each game that he is active, so he is more likely to be prepared and ready to play. Third, the per-game active roster bonus can help the Bears to manage their salary cap. By spreading the cost of Fields' bonus over the course of the season, the Bears can avoid having to pay him a large lump sum of money up front.

Overall, the per-game active roster bonus is a significant component of Justin Fields' contract. It provides him with financial security, motivation, and helps the Bears to manage their salary cap. This bonus is a reflection of Fields' importance to the Bears and their belief in his potential.

8. Workout bonus

The workout bonus included in Justin Fields' contract is a significant component of the overall deal, as it provides him with a financial incentive to maintain his physical fitness and conditioning throughout the year. This bonus is paid out to Fields for participating in a certain number of workouts and training sessions, as defined in his contract. By including a workout bonus in Fields' contract, the Bears are sending a clear message that they are committed to his long-term success and development as a player.

Workout bonuses are becoming increasingly common in NFL contracts, as teams recognize the importance of player conditioning and fitness in today's game. A well-conditioned player is less likely to suffer injuries, and is more likely to be able to perform at a high level throughout the season. This can be a significant advantage for teams, especially in a physically demanding sport like football.

In Fields' case, the workout bonus is a reflection of his status as a rising star in the NFL. The Bears are clearly confident in his potential, and they are willing to invest in his development. The workout bonus is a way for the Bears to show Fields that they believe in him, and that they are committed to helping him reach his full potential.

Overall, the workout bonus in Justin Fields' contract is a significant component of the overall deal. It is a reflection of the Bears' commitment to Fields' long-term success, and it is a sign of their confidence in his potential as a player.

FAQs on Justin Fields' Contract

Justin Fields' contract extension with the Chicago Bears is a significant development for both the player and the team. The four-year, $122 million deal includes $85 million guaranteed and makes Fields one of the highest-paid players at his position. Here are some frequently asked questions about Fields' contract:

Question 1: What is the length of Justin Fields' contract?

Answer: Fields' contract is four years long.

Question 2: What is the total value of Justin Fields' contract?

Answer: The total value of Fields' contract is $122 million.

Question 3: How much guaranteed money is in Justin Fields' contract?

Answer: Fields has $85 million guaranteed in his contract.

Question 4: What is Justin Fields' average annual salary?

Answer: Fields' average annual salary is $30.5 million.

Question 5: What is the signing bonus in Justin Fields' contract?

Answer: Fields received a signing bonus of $18.5 million.

Summary of key takeaways:

Justin Fields' contract is a four-year, $122 million deal with $85 million guaranteed.
Fields' average annual salary is $30.5 million.
Fields received a signing bonus of $18.5 million.

Transition to the next article section:

Justin Fields' contract is a significant investment by the Bears, but it is also a smart one. Fields is a talented young quarterback with a lot of potential. He has the arm strength, athleticism, and leadership skills to be a successful NFL quarterback. The Bears are hoping that Fields can lead them to their first Super Bowl title since 1985.