Johnny Manziel Signs Rookie Contract With Cleveland Browns, Becomes Johnny Money
Unfortunately for Johnny Manziel, NFL first-round draft picks don’t make as much as they used to. However, the Cleveland Browns’ new signal-caller definitely doesn’t have to worry about the financial rumors that nearly derailed his college career anymore: on Tuesday, he signed his four-year rookie deal with the Browns. Thus, his nickname is now officially Johnny Money.
Johnny Manziel’s 4-year contract is worth approximately $8.3M with a roughly $4.3M signing bonus. Whopping 94% guaranteed (65% in year 4)
— Ian Rapoport (@RapSheet) June 17, 2014
As first reported in the tweet above, Manziel’s is a typical four-year rookie deal for right at $8.3 million. The $4.3 million signing bonus on top of that was expected for a polarizing, exciting player like Manziel who will put butts in the seats at FirstEnergy Stadium in Cleveland.
The fourth and final year of Manziel’s deal is the most interesting: He’ll receive a $250,000 roster bonus in March of 2017 and of the 94 percent of his contract that’s guaranteed, 65 percent of it comes in that final year. Basically, he’s getting paid well for a mid-to-late first-rounder, but the Browns are going to make sure he earns all that dough by the final year of his rookie contract.
Now we turn to Manziel’s play on the field as a pro. He played like a rookie during OTAs and was thus named the backup behind incumbent starter Brian Hoyer to start training camp. Considering he’s the new face of the franchise, Manziel will undoubtedly see the field for the Browns this year, but Cleveland has been wise so far to make him work for his playing time and now his money.