NFL Contract Updates: Rookies, Mark Andrews, and Sterling Shepard

 

#### Rookie Contracts for the 2024 Draft Class

 

As the 2024 NFL season approaches, the latest crop of rookies is finalizing their contracts. Notable first-round picks have secured lucrative deals that reflect their anticipated impact on the field. For instance, Drake Maye, the third overall pick by the New England Patriots, signed a four-year, $36.6 million contract, which includes a $23.4 million signing bonus【7†source】. Such contracts are standard for first-round picks, featuring fully guaranteed salaries and a fifth-year team option【6†source】.

 

Other top first-round signees include Marvin Harrison Jr., the fourth overall pick by the Arizona Cardinals, who inked a similarly substantial deal. These contracts are structured to ensure financial security for the players while providing teams with cost control over potential star athletes【6†source】【7†source】. The fixed nature of these contracts, as dictated by the NFL’s collective bargaining agreement, means that rookies receive predetermined salaries based on their draft position, minimizing the negotiation complexities of past eras【6†source】.

 

#### Mark Andrews’ Contract Extension

 

Baltimore Ravens tight end Mark Andrews remains a cornerstone of the team’s offense, secured through the 2025 season by a significant four-year extension signed in 2021. This $56 million deal includes $37.6 million in guaranteed money, underscoring Andrews’ value to the Ravens【6†source】. Andrews has consistently been one of the top performers at his position, and this contract reflects the team’s commitment to keeping him as a key offensive weapon.

 

The Ravens have strategically invested in Andrews, ensuring stability at the tight end position as they continue to build around quarterback Lamar Jackson. Andrews’ performance and leadership are integral to the Ravens’ offensive scheme, making his contract a critical component of their long-term plans.

 

#### Sterling Shepard’s One-Year Deal with the Giants

 

New York Giants wide receiver Sterling Shepard re-signed with the team on a one-year deal worth up to $1.317 million for the 2023 season. This contract, reflecting Shepard’s injury history and the team’s salary cap considerations, is structured to be team-friendly【6†source】. Shepard, who has battled injuries in recent seasons, remains a valuable veteran presence in the Giants’ receiving corps.

 

Shepard’s return provides the Giants with experienced depth at wide receiver, crucial for supporting the development of their younger players and the overall effectiveness of their passing game. His ability to contribute both on and off the field is a significant asset as the Giants look to improve upon their recent performances.

 

### Conclusion

 

As rookies secure their places in the NFL and established players like Mark Andrews and Sterling Shepard finalize their deals, teams are strategically shaping their rosters for the upcoming season. These contracts reflect a blend of immediate performance expectations and long-term planning, essential for maintaining competitive balance in the league.