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Harrison Butker’s new contract doubles his 2024 earnings, but reduces his cap hit

Related Topics: Harrison Butker

Earlier this week, it was reported that the Kansas City Chiefs had signed placekicker Harrison Butker to a four-year contract extension worth $25.6 million, including $17.8 million guaranteed.

We now have the details for that contract, which Butker negotiated himself.

According to the salary-cap site Spotrac, Butker’s 2024 compensation includes a $7 million signing bonus and a $50,000 workout bonus on top of his $1.2 million base salary. Since his previous contract (which extended through 2024) carried a prorated cap charge of $729,000 for a contract restructure that opened cap space in 2022, that means his total cap hit for this season is $3.