Johnny Manziel may have lost as much as $12million in guaranteed money due to his drop in the first round of the NFL Draft this year.
Despite being widely expected to be one of the first picks of the 2014 draft, Manziel, known to many as Johnny Football, fell to 22nd before being selected by the Cleveland Browns. On the night he was overlooked by the Jacksonville Jaguars - who selected Blake Bortles as the first quarter-back, and third overall to be drafted - and according to Forbes, the financial repercussions could be just as great as any he experiences on the field.
Forbes highlights that in 2012 the third pick overall, Trent Richardson, was awarded a guaranteed $20.4million, whilst the 22nd pick was only afforded $8.1million - a gap of $12.3million. And the story is much the same when looking at the difference between the third and 22nd picks from last year’s draft, where Dion Jordan (third pick) earned himself $20.6million over the four year contract and Desmond Trufant (22nd) was promised $12.4million.
It would seem if this year follows a similar suit then Manziel could be falling well short of the financial windfall he may have been expecting to receive had he been drafted early on as expected. Of course near on $9million probably won’t go amiss.