Unveiling Chris Oladokun's Latest Contract Details And Latest News

NFL Draft 2023: Chris Oladokun signs contract with the Chiefs

Chris Oladokun, a quarterback who played college football for South Florida and Howard, has signed an undrafted free agent contract with the Kansas City Chiefs. The Chiefs announced the signing on May 12, 2023.

Oladokun was a three-star recruit coming out of high school and chose to play for the University of South Florida. He redshirted his freshman year and served as a backup for his first two seasons. In 2020, he started 10 games for the Bulls and threw for 1,845 yards and 14 touchdowns. He also rushed for 340 yards and 5 touchdowns.

In 2021, Oladokun transferred to Howard University and started 11 games. He threw for 2,431 yards and 17 touchdowns and rushed for 195 yards and 5 touchdowns, leading the Bison to an 8-3 record.

At the NFL Combine, Oladokun measured in at 6'1" and 210 pounds and ran a 4.83 40-yard dash. He impressed scouts with his athleticism and arm strength and is seen as a potential developmental quarterback.

The Chiefs have a solid quarterback situation with Patrick Mahomes entrenched as the starter. However, Oladokun will have the opportunity to compete for the backup job behind Mahomes.

Oladokun's signing is a low-risk, high-reward move for the Chiefs. He has the potential to develop into a solid NFL quarterback, and he could be a valuable asset to the team.

Chris Oladokun Contract

Chris Oladokun's contract with the Kansas City Chiefs is a one-year, undrafted free agent deal. The contract includes a signing bonus of $10,000 and a base salary of $705,000. Oladokun's contract also includes performance-based incentives that could earn him up to an additional $200,000.

• Length: 1 year
• Type: Undrafted free agent
• Signing bonus: $10,000
• Base salary: $705,000
• Performance-based incentives: Up to $200,000
• Total value: Up to $915,000

Oladokun's contract is a standard contract for an undrafted free agent. The contract is for one year, and the base salary is the minimum salary for a player with less than one year of NFL experience. The signing bonus is also a standard amount for an undrafted free agent. The performance-based incentives are based on Oladokun's playing time and statistics. If Oladokun plays well, he could earn the full $200,000 in incentives.

Overall, Oladokun's contract is a fair deal for both the player and the team. Oladokun gets a chance to prove himself in the NFL, and the Chiefs get a young, talented quarterback who could develop into a valuable player.

1. Length

The length of Chris Oladokun's contract is one year, which is a standard contract length for undrafted free agents. This means that Oladokun will have one year to prove himself to the Chiefs and earn a spot on the team's roster. If Oladokun plays well, he could earn a new contract with the Chiefs or sign with another team.

• Opportunity to prove himself: Oladokun will have one year to show the Chiefs that he has what it takes to be an NFL quarterback. If he plays well, he could earn a new contract with the Chiefs or sign with another team.
• Pressure to perform: Oladokun will be under pressure to perform well in his one year with the Chiefs. If he does not play well, he could be cut from the team and his NFL career could be over.
• Motivation to succeed: The one-year contract could motivate Oladokun to work hard and prove himself. He knows that he has one year to make an impression, and he will be determined to make the most of his opportunity.
• Flexibility for both sides: The one-year contract gives both Oladokun and the Chiefs flexibility. If Oladokun does not play well, the Chiefs can cut him without having to pay him a large amount of money. If Oladokun plays well, he can earn a new contract with the Chiefs or sign with another team.

Overall, the one-year length of Chris Oladokun's contract is a standard contract length for undrafted free agents. It gives Oladokun an opportunity to prove himself to the Chiefs, but it also puts him under pressure to perform. If Oladokun plays well, he could earn a new contract with the Chiefs or sign with another team. If he does not play well, he could be cut from the team and his NFL career could be over.

2. Type

Undrafted free agents are players who are not selected in the NFL Draft but are invited to try out for a team after the draft. These players typically have less leverage in contract negotiations than drafted players, but they can still earn significant contracts if they impress during tryouts and training camp.

• Lower signing bonus: Undrafted free agents typically receive a lower signing bonus than drafted players. This is because they have not been guaranteed a roster spot, and teams are less certain of their potential. However, undrafted free agents can still earn a significant signing bonus if they are highly sought after or have a unique skill set.
• Shorter contract length: Undrafted free agents typically sign one-year contracts, while drafted players may sign contracts that are two or three years in length. This is because teams are less certain of the long-term potential of undrafted free agents. However, undrafted free agents can earn longer contracts if they play well and prove their worth to the team.
• Less guaranteed money: Undrafted free agents typically have less guaranteed money in their contracts than drafted players. This means that they are more likely to be cut if they do not perform well. However, undrafted free agents can still earn guaranteed money if they are highly sought after or have a unique skill set.

Overall, Chris Oladokun's contract is a standard contract for an undrafted free agent. He received a signing bonus of $10,000 and a base salary of $705,000, which is the minimum salary for a player with less than one year of NFL experience. Oladokun's contract is for one year, which is also standard for undrafted free agents. However, Oladokun's contract does include performance-based incentives that could earn him up to an additional $200,000, which is a sign that the Chiefs are confident in his potential.

3. Signing bonus

The signing bonus is a one-time payment that a player receives when they sign their contract. The amount of the signing bonus is negotiated between the player and the team, and it is typically based on the player's draft status, position, and potential. In Chris Oladokun's case, he signed an undrafted free agent contract with the Kansas City Chiefs, and his signing bonus was $10,000.

While $10,000 may not seem like a lot of money, it is actually a significant amount for an undrafted free agent. Undrafted free agents are not guaranteed a roster spot, so the signing bonus is often used as an incentive to get them to sign with a team. In Oladokun's case, the $10,000 signing bonus is a sign that the Chiefs are confident in his potential and believe that he has a chance to make the team.

The signing bonus is an important part of Chris Oladokun's contract because it gives him a financial incentive to perform well and earn a spot on the Chiefs' roster. If Oladokun plays well, he could earn a new contract with the Chiefs or sign with another team. If he does not play well, he could be cut from the team and his NFL career could be over.

Overall, the signing bonus is a significant part of Chris Oladokun's contract. It is a sign that the Chiefs are confident in his potential, and it gives him a financial incentive to perform well and earn a spot on the team.

4. Base salary

The base salary is the amount of money that a player is guaranteed to receive in a given year, regardless of whether they play or not. In Chris Oladokun's case, his base salary for the 2023 season is $705,000. This is the minimum salary for a player with less than one year of NFL experience.

• Guaranteed money: The base salary is guaranteed money, which means that Oladokun will receive this money regardless of whether he makes the Chiefs' roster or not. This is an important financial security for Oladokun, as he knows that he will receive this money even if he is cut from the team.
• Minimum salary: The base salary is the minimum salary for a player with less than one year of NFL experience. This means that Oladokun is not making as much money as some of the other players on the Chiefs' roster, but he is still making a significant amount of money for a player who is just starting his career.
• Potential for bonuses: In addition to his base salary, Oladokun could also earn performance-based bonuses. These bonuses are based on Oladokun's playing time, statistics, and other factors. If Oladokun plays well, he could earn a significant amount of money in bonuses.

Overall, the base salary is an important part of Chris Oladokun's contract. It is a guaranteed source of income, and it gives him the opportunity to earn additional money through performance-based bonuses. If Oladokun plays well, he could earn a new contract with the Chiefs or sign with another team for an even higher salary.

5. Performance-based incentives

Performance-based incentives are a common part of NFL contracts, and Chris Oladokun's contract is no exception. These incentives are designed to reward players for meeting certain performance goals, such as playing time, statistics, or team success. In Oladokun's case, he could earn up to an additional $200,000 in incentives if he meets certain performance goals.

• Playing time: Oladokun could earn incentives for playing a certain number of snaps on offense. This is a common incentive for backup quarterbacks, as it rewards them for being ready to play if the starter gets injured.
• Statistics: Oladokun could also earn incentives for reaching certain statistical milestones, such as passing for a certain number of yards or touchdowns. This is a common incentive for quarterbacks, as it rewards them for producing on the field.
• Team success: Oladokun could also earn incentives if the Chiefs reach certain team goals, such as winning a certain number of games or making the playoffs. This is a common incentive for all players, as it rewards them for contributing to the team's success.

Performance-based incentives are an important part of Chris Oladokun's contract because they give him the opportunity to earn additional money if he plays well. If Oladokun plays well enough to earn the full $200,000 in incentives, it would represent a significant increase in his salary. This could help him to secure a new contract with the Chiefs or sign with another team for an even higher salary.

Overall, performance-based incentives are a valuable part of NFL contracts, and Chris Oladokun's contract is no exception. These incentives give players the opportunity to earn additional money if they play well, and they can help players to secure new contracts with higher salaries.

6. Total value

The total value of Chris Oladokun's contract with the Kansas City Chiefs is up to $915,000. This includes his signing bonus, base salary, and performance-based incentives. The total value of a contract is important because it represents the maximum amount of money that a player can earn in a given year. In Oladokun's case, the total value of his contract is a significant amount of money, especially considering that he is an undrafted free agent.

• Signing bonus: Oladokun's signing bonus is $10,000. This is a one-time payment that he received when he signed his contract. The signing bonus is guaranteed money, which means that Oladokun will receive this money regardless of whether he makes the Chiefs' roster or not.
• Base salary: Oladokun's base salary for the 2023 season is $705,000. This is the minimum salary for a player with less than one year of NFL experience. The base salary is guaranteed money, which means that Oladokun will receive this money regardless of whether he plays or not.
• Performance-based incentives: Oladokun could also earn up to $200,000 in performance-based incentives. These incentives are based on Oladokun's playing time, statistics, and team success. If Oladokun plays well, he could earn a significant amount of money in incentives.

The total value of Chris Oladokun's contract is a significant amount of money, especially considering that he is an undrafted free agent. If Oladokun plays well, he could earn the full $915,000 in value, which would be a major payday for a player who was not selected in the NFL Draft. Overall, the total value of Oladokun's contract is a reflection of the Chiefs' confidence in his potential and his ability to contribute to the team.

FAQs about Chris Oladokun's Contract

This section answers frequently asked questions about Chris Oladokun's contract with the Kansas City Chiefs.

Question 1: What is the total value of Chris Oladokun's contract?

Answer: The total value of Chris Oladokun's contract is up to $915,000. This includes his signing bonus, base salary, and performance-based incentives.

Question 2: What is Chris Oladokun's base salary?

Answer: Chris Oladokun's base salary for the 2023 season is $705,000. This is the minimum salary for a player with less than one year of NFL experience.

Question 3: What are the performance-based incentives in Chris Oladokun's contract?

Answer: Chris Oladokun could earn up to $200,000 in performance-based incentives. These incentives are based on his playing time, statistics, and team success.

Question 4: What is the length of Chris Oladokun's contract?

Answer: Chris Oladokun's contract is one year long. This is a standard contract length for undrafted free agents.

Question 5: What is the signing bonus in Chris Oladokun's contract?

Answer: Chris Oladokun's signing bonus is $10,000. This is a one-time payment that he received when he signed his contract.

Overall, Chris Oladokun's contract is a standard contract for an undrafted free agent. It gives him the opportunity to prove himself and earn a spot on the Chiefs' roster. If he plays well, he could earn a new contract with the Chiefs or sign with another team for an even higher salary.

Next Section: Chris Oladokun's NFL Career

Conclusion

Chris Oladokun's contract with the Kansas City Chiefs is a standard contract for an undrafted free agent. It gives him the opportunity to prove himself and earn a spot on the Chiefs' roster. If he plays well, he could earn a new contract with the Chiefs or sign with another team for an even higher salary.

Oladokun's contract is a reflection of the Chiefs' confidence in his potential. He is a talented quarterback with a lot of upside. If he can develop his skills and learn the Chiefs' system, he could be a valuable asset to the team.