Tre Norwood Salary, Net Worth, Contract
| Tre Norwood Salary | $940,000 |
| Tre Norwood Net Worth | $2,000,000 |
| Source of Income | NFL |
| Tre Norwood Forbes (Market Value) | $1,367,220 |
| Total Contract Value | $3,574,440 (4 years) |
| Total Cap | $3,574,440 |
Tre Norwood has recently landed a grandiose 4-year agreement with the Pittsburgh Steelers that is worth an astounding $3,574,440! Furthermore, the contract also entails a generous signing bonus of $94,440 and an additional $94,440 guarantee. With a yearly income average of $893,610, it comes as no surprise that Norwood feels overjoyed by his newfound success.
As of 2023, Norwood’s base pay is an impressive $940,000, carrying a significant cap hit of $963,610. The favorable circumstances do not cease there, for even if unfortunate circumstances were to arise such as a debilitating injury, Norwood has a dead cap value of $47,220 to fall back on.
In conclusion, Norwood’s future seems to hold abundant opportunities, and we are fervently looking forward to observing his on-field performance!
| Year | Yearly Base Salary | Cap Hit |
| 2021 | $660,000 | $683,610 |
| 2022 | $825,000 | $848,610 |
| 2023 | $940,000 | $963,610 |
| 2024 | $1,055,000 | $1,078,610 |
The Pittsburgh Steelers have recently inked defensive back Tre Norwood to a lucrative 4-year deal that amounts to a staggering $3.57 million. The deal includes a signing bonus of $94,440, and the player is entitled to $94,440 in guaranteed money. The average yearly income of the contract is approximately $893,610, with the base compensation for 2023 clocking in at $940,000. As per the deal’s terms, Norwood’s contract is set to be a cap hit of $963,610, and in the unfortunate event of the team releasing him, they will face a dead cap value of $47,220.
Who is Tre Norwood?
Tre Norwood is an exceptional defensive back who honed his skills while playing college football at the esteemed University of Oklahoma. Throughout his tenure at Oklahoma, the player was able to record 111 tackles, 7 interceptions, and 19 passes defended. The Pittsburgh Steelers picked Norwood in the 7th round of the highly coveted 2021 NFL Draft.
How Will Norwood’s Role Be Defined?
Given his versatility and skill set, Norwood is expected to contribute to the Steelers’ defense in numerous ways. He can play both the positions of safety and cornerback, thus providing the team with a much-needed depth in the secondary. Additionally, the player has an outstanding reputation for being a highly intellectual and disciplined individual, which should bode well for him in the Steelers’ defense.
| Tre Norwood Net Worth over the years | |
| 2023 | $2,000,000 |
| 2022 | $1,428,571 |
| 2021 | $1,020,408 |
| 2020 | $728,863 |
Norwood’s Contract Specifics
Norwood’s contract is valued at $3.57 million, which he will be entitled to over a 4-year period. The player will receive a signing bonus of $94,440, and $94,440 in guaranteed money. The base salary for 2023 is $940,000, with the average annual salary amounting to $893,610. The contract also carries a cap hit of $963,610, and in case the team decides to part ways with him, they will incur a dead cap value of $47,220.
In Conclusion
The Pittsburgh Steelers’ acquisition of Tre Norwood is a smart move as the player has the potential to be a valuable asset to the team. With his exceptional versatility, intelligence, and skill, Norwood should fit in well with the Steelers’ defense. Furthermore, the team’s contract with the player is a reasonable one, considering Norwood’s potential and the team’s needs. Overall, we are thrilled about Norwood’s contributions on the field and expect the player to be a valuable member of the Pittsburgh Steelers.
