The Detroit Lions have rewarded young star Penei Sewell with a substantial three-year contract extension, solidifying his status as the highest-paid offensive lineman in the NFL based on new money earned. The pact is a testament to Sewell’s impressive performance since being drafted in the top ten of the 2021 NFL Draft.
The comprehensive details of Sewell’s new contract are as follows:
1. Signing bonus: $15 million
2. 2024 base salary: $1.446 million, fully guaranteed
3. 2025 option bonus: $25 million, fully guaranteed at signing
4. 2025 base salary: $1.54 million, fully guaranteed at signing
5. 2026 base salary: $19.9 million, fully guaranteed in 2025
6. 2026 offseason workout bonus: $100,000
7. 2027 base salary: $23.9 million, $12.113 million fully guaranteed by 2026, $10 million fully guaranteed by 2027
8. 2027 offseason workout bonus: $100,000
9. 2028 base salary: $25.9 million
10. 2028 offseason workout bonus: $100,000
11. 2029 offseason 90-man roster bonus: $2.5 million
12. 2029 base salary: $19.4 million
13. 2029 offseason workout bonus: $100,000
This extension represents a three-year addition to Sewell’s initial five-year rookie contract, which included a 2024 base salary of $3.94 million and a fully guaranteed fifth-year option salary of $19.04 million.
The financial breakdown of the new deal reveals substantial payouts in the coming years: $16.446 million in 2024, $26.54 million in 2025, $20 million in 2026, $24 million in 2027, $26 million in 2028, and $22 million in 2029.
On average, Sewell will earn an impressive $28 million per year based on new money and $22.497 million annually from the time of signing. This lucrative contract solidifies Sewell’s status as not only one of the most talented offensive linemen in the NFL but also one of the highest-paid.
