The Super Bowl has always been a huge event in the NFL. But it’s never been more exciting than this year’s game, which the Kansas City Chiefs won against the Philadelphia Eagles.
Now that we know the Chiefs are the official winners, you may be wondering how much a team would make after winning the superbowl tittle? The answer is pretty simple, as players get paid a lot after winning the Super Bowl.
How much do NFL players get paid for winning the Super Bowl?
There is no denying that the Super Bowl is one of the biggest events in sports. The winner of the game receives a Vince Lombardi trophy and takes home a huge payday. While a lot of players earn a fortune through their contracts, there are many who simply make a living playing the sport.
Whether you’re a fan of the Philadelphia Eagles or Kansas City Chiefs, you know that they are both trying to win their first-ever Super Bowl tittle this Sunday. With the game set to take place in Orlando, Florida, fans are eager to see who will take home the trophy. But what happens to the players on these teams?
The NFL has a collective bargaining agreement that stipulates how much each player on the winning team gets paid after their team wins the Super Bowl. This bonus amount is based on the number of years they have been in the NFL, as well as their age.
As a rule, every player on the winning team in Super Bowl games get an extra bonus of $157,000, while players on the losing side are given $82,000. This money is provided by the NFL in conjunction with the Players Association.
Aside from this additional cash, all players on the winning team receive a special Super Bowl ring. Each ring costs anywhere from $5,000 to $7,000, and the league typically contributes up to 150 rings per team.
In addition to the big bonus check, a Super Bowl win also has an impact on a team’s value. A ring can go for several tens of thousands of dollars on the secondary market, and a Super Bowl victory means that the team is likely to attract more sponsorships than it did last season.
Those on minimum salary contracts can also earn an extra bonus, as they would have already earned it throughout the postseason. This bonus can be worth up to $242K, if the player plays from the Wild Card round onwards.
The amount of the bonus varies a little bit from year to year, depending on the CBA. For example, in 2021, a rookie with zero years of service will only have to make $660,000 in order to receive the full pay. This amount increases by $45,000 annually, until it reaches $1,065,000 in 2030.
Some players, including Jimmy Garoppolo this year, are protected by a clause in the NFL’s contract that allows them to collect the bonus money even if they’re injured during the regular season. This carve-out also applies to conference championship games and the Super Bowl.
The amount of the bonus is paid out within 15 days after the Super Bowl. Not everyone gets the full amount, though, because of tenure and income tax factors.
How much do teams pay their players for winning the Super Bowl?
Having a chance to play in the Super Bowl is an incredible accomplishment in any NFL player’s career. Not only does winning the tittle bring prestige and a coveted Super Bowl ring, it can also boost your team’s financial situation – especially if you are on a relatively low salary.
According to the Collective Bargaining Agreement, every member of a winning team gets a $150,000 bonus for playing in the game. That’s a big deal to rookies on the league minimum, which is around $400,000 a year, and veterans who have played for over seven years.
The amount of the bonus varies from year to year, but it’s expected to rise each year. Last year, it was $130,000. And next year, it’s set to increase to $157,000.
A player can only receive the full bonus if he’s been on a team’s active roster for eight games prior to the Super Bowl, and he can’t have been on an inactive list or on injured reserve for three to seven games before the Super Bowl. There are also a number of exceptions, such as players who were traded or cut prior to the Super Bowl.
One of the biggest exceptions to this rule is Jimmy Garoppolo, who was traded from the New England Patriots to the San Francisco 49ers at midseason. He won’t get the full payout if he was on the Patriots roster at that time, because of language in the CBA that protects players who were on teams in a different conference at the time of the trade.
Other exceptions to the standard rule are players who are in the NFL for less than four seasons, or who get injured before or during the regular season and are therefore placed on injured reserve or removed from the active roster. In the case of an injured player, his team can choose to pay him half of his share if they’d like.
It’s also worth mentioning that the total amount that each player on a winning team receives will go up each year, as the CBA says. For instance, this year’s winners will receive $157,000, which is a $7,000 bump over what the Los Angeles Rams received a year ago.
But this isn’t the only way that a winning team can make some extra money, as they also have playoff bonuses. In the Wild Card and Divisional rounds, the winners will receive $42,500 and $65,000, respectively.
The Pro Bowl is also an opportunity for teams to earn some more money, with players on the winning team getting an extra $326,000 for participating in that game. This is in addition to the $169,000 they will receive for playing in the Super Bowl, which adds up to a lot of cash.
It’s important to note that this amount doesn’t affect a player’s actual salary, which varies by how long they have been in the NFL and by their contract with their current team. It’s also worth mentioning that the amount of the bonus for a Super Bowl win has increased substantially over the decades, even adjusted for inflation.
How much do NFL players get paid during the playoffs?
NFL players do not get a lot of extra compensation during the playoffs. Instead, they get paid the same amount as players on their team for each game during the playoffs. This is a good thing for NFL teams, who want to be competitive in the postseason.
The league’s collective bargaining agreement (CBA) sets out a specific amount for each playoff round that all eligible players receive. The payouts are set in place to encourage teams to play their best players at the end of the season.
In addition to this, players on the winning team can receive a $150,000 bonus for their team’s win in the Super Bowl. This bonus is an increase from last season and is a significant step up for the winners.
Some teams also have performance bonuses for winning a particular playoff round or championship. For example, the Cowboys have $800,000 of incentives for their players to win a Wild Card round or a Divisional round of the playoffs, while Clemson’s head coach, Dabo Swinney, could make up to $1 million in performance bonuses if the Tigers are able to win a Playoff or Championship.
These extra payments are not usually included in a player’s contract. The league sets the amounts of these payments based on a player’s most recent game participation.
For the first two playoff rounds, a practice squad player’s salary is based on his or her team’s league minimum. The team can then elevate up to two players from the practice squad for each regular-season or postseason game. This is done to encourage a player not to leave a team for another one that has more money and a better chance of making the playoffs.
This payment can be as much as $46,500 for a team that beats its rival in the Wild Card round. The same holds true for a team that wins the first round of the playoffs.
Similarly, a team can elevate up to two players from the practice squad if it has a divisional or conference championship. This is done to encourage a player to stay on that team in order to help it win a playoff game or championship.
The higher the pay, the more likely a player is to get promoted from the practice squad to the roster. In Buffalo, for instance, linebacker Del’Shawn Phillips has a practice squad salary of $495,000, which means he gets $37,500 if he is elevated to the 53-man roster during the Wild Card round.
These payments are a great way for teams to attract quality players, while also encouraging players to stick with their current team. They are particularly beneficial for those who are in their prime and have the potential to be superstars.
