Joe Mixon and the Bengals have agreed to a contract restructure. Before the restructure, Mixon was set to be the fifth highest-paid running back entering the 2023 season. He had a $9.4 million nonguaranteed base salary that represented a $12.8 million salary cap hit for this season. Mixon agreed to take a $4.39 million pay cut and will now earn $5.51 million in base salary in 2023 instead. Although, he can make an extra $2 million in incentives, according to NFL Network’s Ian Rapoport. The new and improved deal was announced Friday night.
The restructure comes partly due to multiple off-the-field issues within the last year from the 26 year old RB. Mixon also regressed on the ground last season as he rushed for 400 fewer yards compared to the year prior. Though he struggled running the football, he had career highs in both receptions and receiving yards finishing with 60 receptions for 441 yards in 2022.
Mixon will avoid joining fellow veteran running backs Dalvin Cook, Zeke Elliot, Kareem Hunt and Leonard Fournette in a depleted open market for running backs. The Bengals will also avoid losing a 2022 team captain who’s still a key piece of the team’s offense. Mixon has compiled 7,141 all-purpose yards and scored 50 touchdowns in his six seasons with the Bengals.
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