Jeff Okudah Contract: Salary, Cap Hit, & Potential Extension

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Detroit Lions cornerback Jeff Okudah (1) warms up before an NFL football game Sunday, Nov. 13, 2022, in Chicago. (AP Photo/David Banks)
(AP Photo/David Banks)
BetMGM Staff @BETMGM Mar 18, 2023, 4:24 PM

Drafted No. 3  in 2020, Detroit Lions cornerback Jeff Okudah battled injuries and inconsistency in the first two years of his NFL career before a better season in 2022.

Jeff Okudah Salary

Okudah’s base salary for the 2023 season is $1,010,000.

He’s entering the final year of his four-year rookie contract, a deal worth$33,528,544, including a $21,944,396 signing bonus.

Jeff Okudah Cap Hit

Okudah has cap hit of $10,668,173 in 2023, an increase of approximately $1.5 million from 2022.

Jeff Okudah Potential Extension

As of mid-March, the Lions haven’t exercised Okudah’s fifth-year option, nor have there been reports of a contract extension.

His option would be worth $11,514,000 for the 2024 season.

If Okudah does sign an extension, his market value is likely around $13 million per year, according to Spotrac projections.

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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.