It took 85 days for the agreement to be finalized between rookie Bryce Young and the Carolina Panthers. On April 27, 2023, Young, who hails from College- Alabama Crimson Tide, was chosen as the Round 1 number #1 overall pick by the Panthers for the 2023 season.
A notable highlight is that Bryce Young, the Heisman Trophy winner, has officially reached an agreement with the Panthers regarding his rookie contract. Just three days after this agreement, on his 22nd birthday, Young addressed a sizable gathering of reporters at Wofford College.
This event marked a significant moment, reminiscent of Cam Newton’s arrival as the top pick in 2011. However, whereas Newton couldn’t secure the Lombardi for the Panthers, Bryce Young aims to bring about a change in that regard.
What’s the cost for the No. 1 NFL draft pick Bryce Young?
Moving forward to July 21, 2023, the talented Young put pen to paper, signing a fully-guaranteed four-year contract worth $37.95 million. This deal encompassed a substantial signing bonus of $24.6 million. The contract guarantees a sum of $37,955,071, with an average annual salary amounting to $9,488,768.
No. 1 overall pick Bryce Young is signing a 4-year, $37.9M deal that’s fully guaranteed, per @adamschefter 💰 pic.twitter.com/hCFMWA3bTh
— Bleacher Report (@BleacherReport) July 21, 2023
On the brink of his inaugural NFL training camp practice, Young expressed, “The expectations for me and really everyone are to just push each other and make sure we get the best that we can out of each other every single day.”
As per Spotrac, Bryce Young’s contract is entirely guaranteed, and a 5th-Year Option will be available in 2027. Additionally, roster bonuses are scheduled for the training camp, all fully guaranteed.
Why did Bryce Young’s contract negotiation take so long?
However, ‘Panthers Wire’ reveals that Young’s contract negotiation spanned 85 days due to his preference for a signing bonus prior to commencing.
“Young is surely trying to extend the lump payment streak with the first overall pick to four years,” former sports agent Joel Corry noted at CBS Sports, “Carolina has had top 10 picks in each of the last three drafts. None of the players has received a signing bonus in a lump sum.”
An interesting addition to 5 feet 10 inches and weighing 190 pounds, Young recent endeavors, he has also entered into a partnership with the renowned restaurant chain Bojangles, famous for its southern cuisine and particularly its chicken offerings.
