Tight end Evan Engram is entering his ninth NFL season and will turn 31 right before the regular season starts. He was let go by the Jacksonville Jaguars as a salary cap casualty, leaving $7.5 million in dead money, and signed a new contract with the Denver Broncos. Let’s analyze his salary, net worth, and career earnings.
Evan Engram’s Contract and Salary
Engram signed a two-year deal worth $23 million with the Broncos during this offseason. The deal includes $16.5 million in guaranteed money and $8 million as a signing bonus. In 2025, Engram will earn a base salary of $2.9 million and a signing bonus of $8 million while carrying a cap hit of $5.9 million and a dead cap value of $16 million.
In 2026, Engram will earn a base salary of $10.9 million and a roster bonus of $510,000. He will carry a cap hit of $14.1 million and a dead cap value of $10.3 million.
The incentives on Engram’s contract with the Broncos are:
- Per Game Active Bonus: $30,000 ($510,000)
- Receiving Yard Incentive (non-cumulative)
700: $125,000
800: $375,000
900: $625,000
900 + Playoff Berth: $750,000 - Receptions Incentive (non-cumulative)
60: $125,000
70: $375,000
80: $625,000
80 + Playoff Berth: $750,000
In terms of average contract value, Engram’s salary has dropped by over $2 million compared to his last contract with the Jacksonville Jaguars. He inked a three-year, $41.25 million deal with the Jaguars in 2022.
Engram’s Net Worth and Career Earnings
While Engram’s net worth isn’t publicly known, it’s estimated to be around $30 million. The estimate is likely to be true considering the tight end has generated $51,431,304 in career earnings.
Engram was picked 23rd overall by the New York Giants in the 2017 NFL Draft. He had an impressive rookie campaign, putting up 64 receptions, 722 yards, and six touchdowns, but couldn’t establish himself as a consistent producer in his following four years in New York.
He signed a one-year, $9 million contract in 2022 and rejuvenated his career with the Jaguars, setting career highs in receptions (73) and yards (766) in his first year with the team. He signed a new three-year, $41.25 million contract and smashed those numbers in 2023, totaling 114 catches and 963 yards en route to a Pro Bowl selection.
However, his season was cut short due to injury in 2024, and he could only manage 47 receptions for 365 yards and one touchdown.
Engram is closer to a big receiver than a true in-line tight end and was ranked No. 46 in PFSN’s Top 121 Free Agent Rankings. Despite the injury-shortened season, he posted a career-best 25.6% on-field target share when healthy. He settled into a featured role in the short passing game during his three seasons in Jacksonville, Fla. (5.6 air yards per target).