On Friday, Odafe Oweh signed his rookie contract with the Baltimore Ravens, becoming him the team’s newest member.
According to reports, Oweh’s contract is worth a total of $11.3 million over the course of the next four years. The Ravens posted a picture of Oweh and his new head coach, John Harbaugh, on Twitter to confirm the deal signing.
In addition to the base pay of $66,000 that he will start earning in 2021, Oweh was awarded a signing bonus of $5,609,012 when he signed his deal.
The amount of money that will be paid out per year under the terms of the contract will climb by an equal amount with each passing season, reaching a grand total of $2.2 million in 2024.
Following a trade that gave them a second selection in the first round, the Baltimore Ravens used the 31st overall pick in that round to choose Oweh.
With Oweh’s signature of his deal, all members of Penn State’s class that will be entering the NFL draft in 2021 have now signed their rookie contracts.
Odafe Oweh Contract
Odafe Oweh agreed to terms with the Baltimore Ravens on a four-year, $11,342,391 contract that included a $5,609,012 signing bonus and a $8,916,701 guarantee.
Odafe Oweh Salary
Odafe Oweh makes an average of $2,835,598 per year. In 2022, Oweh’s base salary will be $1,175,563, and his cap hit will be $2,577,816.
Odafe Oweh Net Worth
Odafe Oweh has an estimated net worth of $5 million dollars