Jake Funk Salary, Net Worth, Contract
| Jake Funk Salary | $940,000 |
| Jake Funk Net Worth | $2,000,000 |
| Source of Income | NFL |
| Jake Funk Forbes (Market Value) | $91,666 |
| Total Contract Value | $825,000 (1 year) |
| Total Cap | $985,833 |
The consummation of a one-year agreement between the Indianapolis Colts and their newly-signed running back, Jake Funk, valued at $825,000, is now in effect. The aforementioned sum equates to a mean yearly compensation of $825,000 for the impending 2023 season. As a direct consequence of this accord, Jake Funk will be awarded a base salary of $940,000, which will also result in a corresponding cap hit. The Colts’ unwavering trust in Jake and his footballing aptitudes are palpable through this signing. It remains to be seen what he will offer to the squad this year!
| Year | Yearly Base Salary | Cap Hit |
| 2022 | $825,000 | $45,833 |
| 2023 | $940,000 | $940,000 |
The Indianapolis Colts’ latest acquisition of running back Jake Funk has brought a much-needed spark to their roster. Funk’s signing, a 1-year contract with an average annual salary of $825,000, adds a youthful and nimble presence to the Colts’ backfield. The 24-year-old Funk has exhibited blazing speed and quick reflexes on the field, indicating a bright future for this rising star.
In 2023, Funk will receive a base salary of $940,000, a substantial increase from his previous contract. However, his cap hit of the same amount has a significant impact on the team’s financial situation. Nonetheless, the Colts are confident that Funk’s exceptional talent and potential are well worth the investment.
Before joining the Colts, Funk was a standout player at the University of Maryland, where he demonstrated his versatility and rapidity as a running back. Despite being an undrafted free agent, he managed to earn a place on the Baltimore Ravens’ roster, impressing the coaching staff with his hard work and determination. In his rookie season, Funk appeared in 11 games and made a considerable contribution to the Ravens’ offense, revealing glimpses of his potential.
| Jake Funk Net Worth over the years | |
| 2023 | $2,000,000 |
| 2022 | $1,428,571 |
| 2021 | $1,020,408 |
| 2020 | $728,863 |
With Funk’s addition, the Colts have secured a player with a high ceiling, who has the potential to develop into a critical component of the team in the coming years. In conclusion, the Colts’ signing of Jake Funk is a savvy move that bodes well for the future of the team, as he brings a much-needed burst of energy and agility to the field. Fans of the Colts should be eager to witness what this young running back can accomplish in the upcoming season.
