Former Notre Dame offensive lineman Quenton Nelson was the No. 6 overall pick by the Indianapolis Colts in the 2018 NFL Draft last month. Now, he’s a millionaire several times over.
Nelson signed his four-year rookie contract as slotted by the collective bargaining agreement on Friday, according to a report from Kevin Patra of NFL.com. The contract comes with a fifth-year team option.
Nelson was the first offensive lineman selected in the draft and was considered by many analysts to be one of the best interior line prospects in recent memory. With keeping Andrew Luck healthy a priority for the Colts moving forward, the pick of Nelson was not a surprise.
The Colts allowed a league-high 56 sacks in 2017 while Nelson anchored a Notre Dame offensive line that was given the Joe Moore Award as the best unit in the country.
Based on the projected salary cap in 2018 and the anticipated rookie wage pool, Business Insider predicts Nelson’s deal is worth slightly more than $24.2 million with a signing bonus of slightly less than $15.7 million. With wages controlled by the collective bargaining agreement, the only element of negotiation in rookie contract typically revolves around offset language.
It hasn’t yet been reported if there’s any offset language in Nelson’s contract.