Sheldon Rankins Contract: Salary, Cap Hit, Potential Extension

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New York Jets defensive tackle Sheldon Rankins (98) runs onto the field during player introductions before playing against the Detroit Lions in an NFL football game, Sunday, Dec. 18, 2022, in East Rutherford, N.J. (AP Photo/Bryan Woolston)
(AP Photo/Bryan Woolston)
BetMGM Staff @BETMGM Mar 25, 2023, 2:05 PM

Drafted No. 12  by the New Orleans Saints in the 2016 NFL Draft, defensive tackle Sheldon Rankins signed with his third NFL franchise in free agency.

Sheldon Rankins Salary

After the 2022 season, Rankins signed a one-year, $9,750,000 contract with the Houston Texans, including a $7,000,000 signing bonus, $850,000 guaranteed.

Sheldon Rankins Cap Hit

The 28-year-old carries a $4,279,411 cap hit in 2023.

Sheldon Rankins Potential Extension

If Rankins can put together a half-decent season in 2023, there are some comparable players that warrant him getting at least a multi-year contract. B.J. Hill, Roy Robertson-Harris, Tyquan Lewis, and DaQuan Jones have similar numbers to Rankins.

As a result, he can likely look for a two-year deal worth just shy of $8 million per year in 2024.

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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.