The Cleveland Browns restructured the contract of RB Nick Chubb in mid-April, which resulted in a significant amount of cap savings ($9.925 million). It was not a contract extension, though, so he is still scheduled to be a free agent after the 2024 season. Let’s take a look at how Chubb’s contract originally looked heading into his final season vs. how it looks now:
Nick Chubb’s Contract Breakdown for 2024 (Before & After)
| Year | Base Salary | Signing Bonus | Other Bonus | Total Cap Hit |
|---|---|---|---|---|
| 2024 (Original) | $11,775,000 | $4,000,000 | $425,000 | $16,200,000 |
| 2024 (Current) | $1,125,000 | $4,925,000 | $225,000 | $6,275,000 |
| Difference | -$10,650,000 | $925,000 | -$200,000 | -$9,925,000 |
- Originally, Chubb was set to have a cap hit in 2024 of $16.