- Signed
- 2024
- Average / year
- $5.72M
- Signing bonus
- $13.46M
- Guarantee rate
- 100.0%
$22,882,636 in reported contract value across 4 seasons, including $22,882,636 guaranteed at signing and a $13,461,916 signing bonus.
Capologist / NFL contract file
Atlanta Falcons
Atlanta FalconsMichael Penix Jr. Contract
Michael Penix Jr. signed a four-year, $22.88 million contract with the Atlanta Falcons. The deal includes $22.88 million guaranteed. It carries a $6.25 million cap hit in 2026.
Contract record last updated .
4-year contract$22.88M
- Guaranteed
- $22.88M
- Average / year
- $5.72M
- Free agency
- 2029 UFA
Quarterback #9Age 263 NFL seasons6' 3" / 220 lbsWashington
ATLQB / 9
2026 contract ledger
Select a label for a plain-language definition.
| 2026 | $1,075,000 | $3,365,479 | $2,885,440 | $0 | $6,250,919 |
|---|
Cap hit: The total amount charged against the team salary cap for this league year.
View full accounting breakdown13 contract fields
| Year | Base salary | Signing proration | Option bonus | Option proration | Roster bonus | Per-game bonus | Workout bonus | Available incentives | Cap incentives | Guaranteed salary | Cash due | Cap hit |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026contract | $1,075,000 | $3,365,479 | $0 | $0 | $1,800,240 | $0 | $10,200 | $0 | $0 | $0 | $2,885,440 | $6,250,919 |
Cap equation · 2026
BASE $1,075,000 + SIGNING $3,365,479 + OPTION PRORATION $0 + ROSTER $1,800,240 + PER-GAME $0 + WORKOUT $10,200 + CAP INCENTIVES $0=$6,250,919Career cash flow
Earned through 2025Hatched bars are scheduled, not yet earnedSwipe across seasons →
$14.32M$7.16M$0
ATL2024–2027BaseSigningRosterRestructureOptionOther earnedBonus mixNew dealScheduled
CASH · 2026=
BASE $1,075,000 + SIGNING $0 + ROSTER $0 + RESTRUCTURE $1,800,240 + OPTION $0 + WORKOUT $10,200 + EARNED INCENTIVES $0$2,885,440Annual career ledger
Swipe for annual and career totals →
| Season | Salary | Bonuses and cash adjustments | Potential | Cash totals | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Age | Team | Base salary | Signing | Roster | Restructure | Option | Workout | Incentives paid | Other cash | Available | Annual cash | Career cash |
| 2024NEW DEAL | 24 | ATL | $795,000 | $13,461,916 | $0 | $0 | $0 | $0 | $67,036 | $0 | $0 | $14,323,952 | $14,323,952 |
| 2025 | 25 | ATL | $960,000 | $0 | $0 | $875,120 | $0 | $8,820 | $0 | $0 | $0 | $1,843,940 | $16,167,892 |
| 2026SCHEDULED | 26 | ATL | $1,075,000 | $0 | $0 | $1,800,240 | $0 | $10,200 | $0 | $0 | $0 | $2,885,440 | $19,053,332 |
| 2027SCHEDULED | 27 | ATL | $1,190,000 | $0 | $0 | $2,725,360 | $0 | $0 | $0 | $0 | $0 | $3,915,360 | $22,968,692 |
| Career totals | $4,020,000 | $13,461,916 | $0 | $5,400,720 | $0 | $19,020 | $67,036 | $0 | $0 | $22,968,692 | $22,968,692 | ||
Contract history
1 reported agreements · guarantees at signing
- 20242024