Mike Onwenu Contract, Salary and Net Worth

Mike Onwenu, an offensive lineman for the New England Patriots, outperformed his pay as a rookie.

According to the NFL Management Council’s calculations, the Michigan alum, who was drafted in the sixth round with the 182nd overall pick last April, is now in line for a pay raise.

According to documents released Tuesday by the NFL Players Association, no member of the 2020 Patriots will receive a larger portion of performance-based pay than Onwenu’s $554,792.

Mike Onwenu
Mike Onwenu

All supplemental payments will be postponed until at least 2024, according to NFL Media’s Mike Garafolo, as the league’s salary ceiling has been slashed for the first time in a decade owing to lost revenue caused by the Covid-19 outbreak.

The 2002 collective bargaining agreement authorized performance-based pay to compensate players for the disparity between snaps and salaries.

For 24-year-old Onwenu, this divide was substantial. During his first year in New England, the former Michigan player got a base salary of $610,000.

Throughout the course of the season, he started all 16 games at eligible tight end, left guard, right guard, and ultimately right tackle.

Mike Onwenu Contract

With the New England Patriots, Mike Onwenu agreed to a four-year, $3,497,476 deal that had a $202,476 signing bonus and $202,476 in guaranteed money.

Mike Onwenu Salary

Mike Onwenu has a salary of $874,369 a year on average. Onwenu’s starting salary in 2022 will be $895,000 dollars.

Mike Onwenu Net Worth

Mike Onwenu has a net worth estimated to be around $1.5 million when he signed a contract with the Patriots