The Tennessee Titans signed the fourth member of their 2023 NFL draft class on Thursday when they inked Tulane product and running back Tyjae Spears to his four-year rookie contract.
With Spears signed, the Titans now shift their focus to trying to reach an agreement with their top two picks, first-round pick and offensive lineman, Peter Skoronski, and second-round pick and quarterback, Will Levis.
According to Spotrac, Spears’ deal is worth a total of $5.49 million, with an average salary of $1.3 million and a signing bonus of $993,176.
All in all, Spears’ initial contract will be very manageable on the books as he won’t account for a cap hit that’s more than $1.7 million over the next four years. His Year 1 cap hit comes in under a million ($998,294).
Here’s a look at the full breakdown:
Year | Base Salary | Signing Bonus | Cap Hit | Dead Cap |
2023 | $750,000 | $248,294 | $998,294 | $993,294 |
2024 | $999,573 | $248,294 | $1,247,867 | $744,882 |
2025 | $1,249,147 | $248,294 | $1,497,441 | $496,588 |
2026 | $1,498,720 | $248,294 | $1,747,014 | $248,294 |
Along with Spears, the Titans have also signed signed tight end and fifth-round pick, Josh Whyle, offensive tackle and sixth-round pick, Jaelyn Duncan, and wide receiver and seventh-round pick, Colton Dowell.
You can check out their full contract breakdowns right here.