The Green Bay Packers have officially signed fifth-round pick Jacob Monk. Over the Cap now has the details on what Monk’s rookie deal will look like.
Monk earned a standard four-year rookie contract that totals $4.321 million with a signing bonus of $301,616.
Monk will receive the full signing bonus up front, but from a salary cap perspective, that $301,616 can be pro-rated over the life of the contract. Or, in short, the cap hit in 2024 from that bonus is just $75,404.
That pro-rated signing bonus amount plus a base salary of $795,000 makes up Monk’s cap hit for this season, which totals $870,404.