Justin Fields Contract: Salary, Guaranteed Money

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Chicago Bears quarterback Justin Fields (1) scrambles around Green Bay Packers linebacker Preston Smith (91) during an NFL football game between the Green Bay Packers and Chicago Bears Sunday, Jan. 7, 2024, in Green Bay, Wis.
(AP Photo/Matt Ludtke)
Chase Kiddy @chaseakiddy Jan 12, 2024, 12:55 PM

When the Chicago Bears selected Justin Fields with the 11th pick in the 2021 NFL Draft, they likely had no idea that they were laying claim to a quarterback who would become one of the most polarizing players in the entire league.

San Francisco’s Nick Bosa called Fields “probably the best running quarterback I’ve ever seen.” Some analysts think Fields’ legs are as good as Michael Vick, Lamar Jackson, and other elite names from the history of the sport. He already holds the all-time record for most rushing yards by a quarterback (178) in a regular-season game.

On the other hand, the Bears have won a total of 16 games in Fields’ three seasons, and PFF graded him as the No. 20 NFL quarterback in 2023 – behind Geno Smith, Jake Browning, Russell Wilson, and Derek Carr. 

Is Fields the savior of the Bears? Or is he just trade bait for another team before the Bears take a potentially elite quarterback in the next NFL Draft? For now, those questions remain unanswered, but the end of his rookie contract is quickly approaching.

Justin Fields Contract

Following the 2021 NFL Draft, Justin Fields signed a four-year, $18.8 million contract with the Bears. The entire contract is fully guaranteed.

Justin Fields Salary

Justin Fields’ base salary for the upcoming 2024 season is $1,616,724. He will make an additional $1.6 million in roster bonuses. 

Justin Fields Signing Bonus

Justin Fields’ signing bonus for his rookie contract totaled $11,085,060.

Justin Fields 5th Year Option

Like all first-round picks, Fields’ rookie contract can be extended by the Bears for a fifth year. That extension would govern the 2025 NFL season.

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About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.