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Finance

Preston Smith contract, salary and net worth explored

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The famous Preston Demarquis Smith is an American football outside linebacker for the Green Bay Packers of the National Football League. He played college football at Mississippi State University and was drafted by the Washington Redskins in the second round of the 2015 NFL Draft.

In Week 10 against the Jacksonville Jaguars, Smith recorded his first full sack of the season on Jake Luton during the 24–20 win.

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In Week 12 against the Chicago Bears on Sunday Night Football, Smith recorded three total tackles (one for loss) and sacked Bears quarterback Mitchell Trubisky once during the 41–25 win; he also recovered a fumble forced by teammate Za’Darius Smith on Trubisky and returned it for a 14-yard touchdown, the second score of his career.

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On March 12, 2021, Smith signed a new contract in Green Bay that reduced his base salary after a disappointing 2020 season, with performance incentives that could increase his total pay to eclipse the previous figure if he tallied 14 sacks during the season. Smith rebounded in 2021, tallying 9 sacks as a full-time starter with Za’Darius Smith injured for most of the year, and tallying high grades from Pro Football Focus.

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Contract

Preston Smith signed a 4 year, $52,000,000 contract with the Green Bay Packers, including a $12,200,000 signing bonus, $12,200,000 guaranteed.

Salary per year

Preston Smith earns an average annual salary of $13,000,000. In 2022, Smith will earn a base salary of $1,150,000, a signing bonus of $12,200,000, a roster bonus of $470,588, and a workout bonus of $150,000, while carrying a cap hit of $11,460,588 and a dead cap value of $19,600,000.

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Net worth

Preston Smith stands at a wealth of $40 million.