Gerald Everett Contract: Salary, Cap Hit & Potential Extension

min read
Los Angeles Chargers tight end Gerald Everett (7) catches a pass during an NFL wild-card football game against the Jacksonville Jaguars, Saturday, Jan. 14, 2023, in Jacksonville, Fla. The Jaguars defeated the Chargers 31-30.
(AP Photo/Gary McCullough)
BetMGM Staff @BETMGM Mar 23, 2023, 1:59 PM

Drafted 44th overall in the second round of the 2017 NFL draft, Gerald Everett has proven to be one of the most dynamic tight ends in the league. He continues to improve his level of play as the years roll by and is in line for a significant free agency next year. 

In 2022, Everett recorded career highs in receiving yards (555), receptions (55), and touchdowns (4). He helped the Los Angeles Chargers stay relevant while they dealt with injuries, and was a key reason why they secured a wild card spot.

Gerald Everett Salary

The 28-year-old signed a two-year $12,000,000 contract with the Chargers on March 20, 2022. It included a $5,000,000 signing bonus with $8,000,000 guaranteed and an average annual salary of $6,000,000.

In 2023, the tight end will earn a base salary of $5,500,000, a signing bonus of $2,500,000, and a miscellaneous bonus of $500,000.

Gerald Everett Cap Hit

Everett will carry a cap hit of $8,250,000 in 2023. His contract has a dead cap value of $4,000,000 this year.

Gerald Everett Potential Extension

Everett was one of the most consistent receivers for the Chargers in 2022. Set to be an unrestricted free agent in 2024, the 28-year-old will likely test the market as multiple teams in the league will be interested in him.

Read More: Top 10 Highest-Paid NFL Tight Ends: Salary Rankings

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BetMGM Staff

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Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.