Jake Bailey Salary
What is Jake Bailey Salary?
Jake Bailey signed a 3-year, $9,139,000 contract with the New England Patriots, including a $3,160,000 signing bonus, $6,275,000 guaranteed, and an average annual salary of $3,046,333. In 2023, Bailey is set to earn a base salary of $1,080,000 and a signing bonus of $152,500, while carrying a cap hit of $1,092,500 and a dead cap value of $1,092,500.
August 2022, the Patriots reportedly made Bailey one of the highest paid punters in NFL with a four-year, $13.5 million contract extension. The exact breakdown of the extension is not yet available, but it is speculated to include a $5 million signing bonus and $8 million fully guaranteed at signing.
It is worth noting that the figures mentioned may not be fully up-to-date or accurate due to the constantly evolving nature of NFL contracts and the salary cap.
The New England Patriots have secured the talents of Jake Bailey for the foreseeable future. The 25-year-old punter has signed a lucrative four-year contract extension with the team worth $13.5 million. In this new deal, Bailey is guaranteed an impressive $6.5 million, ensuring his long-term involvement in the Patriots’ plans. With his powerful right leg, Bailey will continue to play a crucial role in helping the team achieve success on the field through the 2025 season.
With this new agreement, Jake Bailey finds himself among the highest-paid punters in the league. Only Tress Way of the Washington Commanders and Michael Dickson of the Seattle Seahawks have higher average annual values at the position.
Bailey, who was drafted by the New England Patriots in the fifth round of the 2019 NFL draft (No. 163 overall), has been a consistent presence for the team since his arrival. He has never missed a game, appearing in all 49 contests. Throughout his regular season career, Bailey has maintained an impressive average of 46.7 yards per punt on 185 attempts.
Notably, Bailey has proven his ability to pin opponents deep in their own territory. He has downed 90 punts inside the opposing 20-yard line, while 17 have ended up as touchbacks in the end zone.
With a career-long punt of 71 yards achieved in consecutive seasons, Bailey’s performance has earned him recognition. In 2020, he was selected to the Pro Bowl and earned first-team All-Pro honors. That season, Bailey boasted an impressive average of 48.7 yards per punt, along with an NFL-best net average of 45.6 per punt.
In the 2021 season, the New England Patriots’ special teams faced a challenge as they had a league-high record of three punts blocked. Despite this, Jake Bailey, the team’s punter, had successful opportunities with an average of 47.3 yards per punt and a net average of 42 yards, ranking him eighth and 21st in the league, respectively.
Bailey, who had a base salary of $850,000 last season, was set to enter the final year of his rookie contract. However, due to his impressive performance, he received a proven-performance escalator, resulting in a base salary of $3.986 million for the upcoming season. As per Punter.net, his projected cap hit for the season would be $4.058 million, which ranked him second among all punters in the game.
As per Mike Reiss of ESPN, the recent extension signed by Jake Bailey has left the New England Patriots with nearly $5 million in total cap space for the 2022 season. This marks the second extension made by the team during training camp, with the first one being a two-year, $20.8 million deal for defensive tackle Davon Godchaux.
Highest Paid Punters in NFL
Highest Paid Punters in NFL
The Patriots’ focus on continuity is reflected in their contracts for special teams players as well. Kicker Nick Folk was re-signed in free agency for a two-year, $5 million contract, while long snapper Joe Cardona is currently in the final year of his four-year, $4.31 million extension. With these investments in their specialists, the Patriots look to maintain consistency and stability in their performance going forward.
In addition to punting, Jake Bailey has shown his versatility by handling kickoff and holding duties throughout his time with the Patriots.
Head coach Bill Belichick praised the three-man unit and their ability to adapt to various conditions during kicks. With Jake Bailey as the punter, and Nick Folk as the kicker, backed up by Joe Cardona as the long snapper, the Patriots have a strong and cohesive special teams unit.
At the start of training camp, Bailey was temporarily placed on the non-football illness list. However, he resumed participation in training alongside rookie punter Jake Julien, an undrafted free agent from Eastern Michigan.
The New England Patriots are set to begin their preseason on August 11th with a 7 p.m. ET kickoff against the New York Giants at Gillette Stadium.
Jake Bailey Net Worth
Jake Bailey Net Worth
| YEAR | SALARY | SIGNING BONUS | ROSTER BONUS | WORKOUT BONUS | INCENTIVE EARNINGS | TOTAL CASH | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | $495,000 | $288,980 | – | – | $783,980 | $783,980 | ||||
| 2020 | $675,000 | – | $103,191 | $778,191 | – | $778,191 | ||||
| 2021 | $850,000 | – | – | – | $850,000 | $850,000 |
| 2022 | $1,000,000 | $3,160,000 | $270,000 | – | – | $4,430,000 | – | $4,430,000 |
|---|
| 4 seasons | $3,020,000 | $3,448,980 | $270,000 | – | – | $103,191 | $6,842,171 | $6,842,171 |
|---|
| 2023 | $1,080,000 | $152,500 | – | – | – | $1,232,500 | $4,100,000 | $8,074,671 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEASONS |
| 4 seasons | $3,020,000 | $3,448,980 | $270,000 | – | – | $103,191 | $6,842,171 | $6,842,171 |
|---|
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