Drake Maye salary: How much will Patriots' first-round pick make in 2024?

2024 NFL Draft - Round 1
2024 NFL Draft - Round 1 / Gregory Shamus/GettyImages

Since the Patriots were set to hold the third overall pick in the 2024 NFL Draft, speculation has run rampant regarding what position they would inevitably select so high in the draft. Because it was clear the Mac Jones experience was over and Bailey Zappe was not the guy, the assumption has been it would be a quarterback.

But plenty of rumors have suggested the new regime's interest in trading down to acquire more picks and potentially take one of the second tier quarterbacks in the next round.

Fortunately for those who saw it best to take one of the top of the class prospects, the Patriots kept their initial pick and selected Drake Maye in the first round.

Plenty has been said about a new era in Foxboro, with the removal of Bill Belichick and the arrival of Jerod Mayo as the new head coach. But a probable new franchise quarterback feels like the official start of that new era.

How much is Drake Maye's salary in 2024?

Moving on from Mac Jones despite still being on a rookie contract was a widely criticized move earlier this offseason, but the Patriots get right back on the saddle with a more promising prospect in Drake Maye, who will be locked down with a four-year contract through the 2027 season.

Because the Patriots are far removed from drafting a player so high in the first round, with the last time being Drew Bledsoe with the first overall pick in 1993, the salaries have dramatically changed in the 31 years since.

Although the official numbers won't be known until Drake Maye signs on the dotted line, Over The Cap projects that he will make $6.61 million in his first season. He will have a base salary of $795k with a prorated bonus of $5.86 million.

Drake Maye's projected rookie contract with the Patriots:

The typical rookie contract is for four years, which will be the same offer Drake Maye will receive. He is set to earn an estimated $36.6 million over that time with a signing bonus of $23.46 million.

Can the Patriots sign Drake Maye for longer than four years?

Any player selected in the 2024 NFL Draft cannot be signed longer than four years, which includes the Patriots pick of Drake Maye.

He will be locked down in New England through the 2027 season, and they can pick up his fifth-year option before that season begins.

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