Malik Herring Salary, Net Worth, Contract

Malik Herring Salary | $870,000 |
Malik Herring Net Worth | $1,500,000 |
Source of Income | NFL |
Malik Herring Forbes (Market Value) | $1,173,332 |
Total Contract Value | $2,450,000 (3 years) |
Total Cap | $2,178,333 |
Malik Herring has secured a rather prodigious deal with the Kansas City Chiefs, spanning three years and totaling an impressive 2.45 million dollars, including a generous signing bonus of 25,000 dollars. Furthermore, Herring is guaranteed a sum of 125,000 dollars, which undoubtedly contributes to his elevated standard of living. Adding to the allure of this agreement, Herring’s average annual salary reaches an impressive 816,667 dollars.
As if this wasn’t enough to send shockwaves through the football community, Herring is also set to receive an exceptional base salary of 870,000 dollars in 2023, alongside a cap hit of 878,334 dollars and a minimal dead cap value of just 8,334 dollars.
It appears that Herring’s future is undoubtedly looking bright, as this lucrative contract solidifies his status as a noteworthy player in the league. Truly, he has won the jackpot with this groundbreaking opportunity.
Year | Yearly Base Salary | Cap Hit |
2021 | $578,333 | $586,666 |
2022 | $705,000 | $713,333 |
2023 | $870,000 | $878,334 |
Kansas City Chiefs, a team known for its impeccable defense, has made a prudent decision to sign defensive end Malik Herring to a three-year contract. This agreement worth $2,450,000 will undoubtedly amplify the already robust defense of the Chiefs.
The intricacies of the deal reveal that Herring will receive a signing bonus of $25,000, $125,000 guaranteed, and an average annual salary of $816,667. In 2023, Herring will receive a base salary of $870,000, with a cap hit of $878,334, and a dead cap value of $8,334. These financial terms assure Herring’s security and allow him to channel his focus on performing with excellence on the field.
Malik Herring has already proven his potential and talent in the NFL, emerging as a star defensive end, with an outstanding work ethic. He has played for the Georgia Bulldogs in the past and was part of their SEC Championship team in 2018. The All-SEC second team in 2020 further validates his commendable abilities.
The acquisition of Herring is poised to have a substantial positive impact on the Chiefs’ defense, elevating it to an even higher level of competitiveness. It goes without saying that this signing will further solidify the Chiefs’ position as a top-performing team in the NFL. With Herring’s inclusion in the roster, their chances of success are bound to increase exponentially.
Malik Herring Net Worth over the years | |
2023 | $1,500,000 |
2022 | $1,071,429 |
2021 | $765,306 |
2020 | $546,647 |
In conclusion, the Chiefs’ decision to sign Malik Herring is a shrewd move, one that benefits both parties. Herring’s skills and potential make him an indispensable asset to the Chiefs’ defense, while the contract secures his financial future. With the new season looming, the Kansas City Chiefs’ fans can rest assured that their team is poised for greatness.