Anthony Richardson Contract: Salary, Guaranteed Money

Indianapolis Colts quarterback Anthony Richardson in action before an NFL football game, Thursday, Aug. 24, 2023, in Philadelphia.
(AP Photo/Matt Rourke)

No one denies the raw talent and ability of former Florida quarterback Anthony Richardson. Heโ€™s one of the most gifted athletes to ever step onto the field as an NFL player.

However, the Colts are discovering in real time that raw athleticism can be as frustrating and unsatisfying as anything else. Heโ€™s played in fewer than half the Coltsโ€™ games since he was drafted in 2023. This season, heโ€™s completing fewer than half his passes.

The idea of what Richardson can do remains tantalizing. Unfortunately, Colts fans are still waiting for the real payoff on the field.ย 

Anthony Richardson Contract

Anthony Richardsonโ€™s four-year rookie contract carries a total value of $33,994,031, all of which is fully guaranteed.

Anthony Richardson Signing Bonus

Anthony Richardsonโ€™s signing bonus for his rookie contract totaled $21,722,932.

Anthony Richardson Salary

Anthony Richardsonโ€™s base salary for the 2024 season is $2,295,183.ย Richardsonโ€™s cap hit, which includes a prorated portion of his signing bonus, is about $7.7 million.

Anthony Richardson 5th Year Option

Like all first-round picks, Richardsonโ€™s rookie contract can be extended by the Colts for a fifth year. That extension would govern the 2027 NFL season.

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About the Author

Nick Hennion

Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.