Levi Wallace Contract: Salary, Cap Hit, Potential Extension

min read
Pittsburgh Steelers cornerback Levi Wallace (29) gestures to the crowd during an NFL football game against the Las Vegas Raiders, Sunday, Dec. 24, 2022, in Pittsburgh. (AP Photo/Tyler Kaufman)
(AP Photo/Tyler Kaufman)
BetMGM Staff @BETMGM Apr 03, 2023, 9:52 PM

Heading into the final year of his contract, Levi Wallace is looking to build off of a successful first season with the Pittsburgh Steelers.

Levi Wallace Salary

Levi Wallace inked a two-year deal worth $8,000,000 with Pittsburgh on March 17, 2022. It included a $2,965,000 signing bonus, $2,965,000 guaranteed, and an average annual salary of $4,000,000.

In 2023, the cornerback will earn a base salary of $4,000,000.

Levi Wallace Cap Hit

The 27-year-old’s contract will carry a cap hit of $5,482,500 in 2023, with a dead cap hit of $1,482,500.

Levi Wallace Potential Extension

If the 27-year-old can repeat his strong play, he will be in line for an extension. Pittsburgh is going through a retool, and Wallace can be serviceable as their young players get acclimated to the league. The Steelers kept him because he’s a reliable cornerback at a relatively low price.

If this season goes as planned, Levi Wallace should command at least $5,000,000 a year for his next contract. The five-year pro has plenty of football left in him.

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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.