Luke Farrell

Jacksonville Jaguars, Tight End
Age: 26y-3m-19d (Oct 14, 1998)
Exp: 4 Years
Country: US
College: Ohio State
Drafted: Round 5 (#145 overall), 2021
Agent(s): Shannon Polk, Andy Kabat, Daniel Connell, Mark Humenik (IHC Sports)
Career Earnings

$3,838,020

2021-2024 Rookie

Luke Farrell signed a 4 year, $3,838,020 contract with the Jacksonville Jaguars, including $358,020 signing bonus, $358,020 guaranteed, and an average annual salary of $959,505.
Contract Terms:
4 yr(s) / $3,838,020
Average Salary:
$959,505
Signing Bonus:
$358,020
GTD at Sign:
$358,020
Total GTD:
$358,020
Free Agent:
2025 / UFA
MANAGE CONTRACT
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2021 23 $749,505 0.41% $1,018,020 $1,018,020 $358,020
2022 24 $914,505 0.44% $825,000 $1,843,020 $268,515
2023 25 $1,029,505 0.46% $940,000 $2,783,020 $179,010
2024 26 $1,144,505 0.45% $1,055,000 $3,838,020 $89,505
2025 27
UFA
Year Age Base P5 Salary Signing Proration Cap Hit Cap % League Cap Dead Cap
2021 23 $660,000 $89,505 $749,505 0.41% $358,020
2022 24 $825,000 $89,505 $914,505 0.44% $268,515
2023 25 $940,000 $89,505 $1,029,505 0.46% $179,010
2024 26 $1,055,000 $89,505 $1,144,505 0.45% $89,505
2025 27
UFA
Year Age Base P5 Salary Signing Bonus Cash Total Cash Cumulative Cash Remaining
2021 23 $660,000 $358,020 $1,018,020 $1,018,020 $3,838,020
2022 24 $825,000 - $825,000 $1,843,020 $2,820,000
2023 25 $940,000 - $940,000 $2,783,020 $1,995,000
2024 26 $1,055,000 - $1,055,000 $3,838,020 $1,055,000
Source: NFL contract specifics generally collected from verified reports.
Seasons

4 Years

Career Earnings thru 2025

$3,838,020

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2021 23
Active
$1,018,020
$1,018,020
2022 24
Active
$825,000
$1,843,020
2023 25
Active
$940,000
$2,783,020
2024 26
Active
$1,055,000
$3,838,020
Total      
$3,838,020
$3,838,020
Total
$3,838,020

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
4 $3,480,000 $358,020 - - - - $3,838,020
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2021
23
$660,000
$358,020
$1,018,020
$1,018,020
2022
24
$825,000
$825,000
$1,843,020
2023
25
$940,000
$940,000
$2,783,020
2024
26
$1,055,000
$1,055,000
$3,838,020
Total
$3,480,000
$358,020
$3,838,020
$3,838,020
Total
$3,480,000
$358,020
$3,838,020

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
4 $3,480,000 $358,020 - - - - $3,838,020

Injuries

Year Weeks Reason
2021 JAX 17 - 17 COVID-19
  • May 20, 2021 Signed a 4 year $3.83 million contract with Jacksonville (JAC)
  • May 01, 2021 Drafted by Jacksonville (JAC): Round 5 (#145 overall)
Year Team GP GS Snaps Snaps% Rec Targets Rec Receptions Rec Yards Rec Yards/Rec Rec Yards/Gm Rec Touchdowns Fum
2024 JAX 17 8 390 37.80 17 12 67 5.6 3.9 0 0
2023 JAX 17 8 411 35.20 15 13 155 11.9 9.1 0 0
2022 JAX 17 0 97 8.60 4 4 40 10.0 2.4 0 0
2021 JAX 15 4 254 23.40 11 7 56 8.0 3.7 0 1

Calculated Market Value

$1.5M Avg. Annual Salary

Market Value

  • 1 years, $1,459,584
  • Avg. Salary: $1,459,584
  • NFL Rank: 691
  • TE Rank: 40

Current Contract

  • Free Agent: 2025
  • Avg. Salary: $959,505

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Luke Farrell to.

Player Length Value Avg. Salary Age When Signed
MyCole Pruitt 1 $1,260,000 $1,260,000 32
Ian Thomas 1 $1,300,000 $1,300,000 27
Josiah Deguara 1 $1,125,000 $1,125,000 27
Pharaoh Brown 1 $3,200,000 $3,200,000 29
Averages 1 $1,721,250 $1,721,250 28.8

Base Calculated Value

After adjusting the above contracts as if signed at Farrell's current age (26), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
4 $6,720,000 $1,680,000

Statistical Comparisons

Now we'll compare our variables and Farrell statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Rec Tgt/Gm, Rec/Gm, Rec Yds/Gm, Rec TD/Gm, YAC/GM, Drops/Gm, Rating

Player GP% Rec Tgt/Gm Rec/Gm Rec Yds/Gm Rec TD/Gm YAC/GM Drops/Gm Rating
MyCole Pruitt
2022-2023
 88.24 1.10 0.83 8.67 0.17 4.47 0.03 67.65
Ian Thomas
2022-2023
 85.29 1.34 0.90 8.72 0.00 7.79 0.07 53.25
Josiah Deguara
2022-2023
 94.12 0.72 0.66 5.59 0.00 3.42 0.00 55.20
Pharaoh Brown
2022-2023
 97.06 1.06 0.76 9.85 0.03 6.24 0.06 66.20
Average 91.18 1.06 0.79 8.21 0.05 5.48 0.04 60.58
Luke Farrell
2023-2024
 100.00 0.94 0.74 6.53 0.00 3.76 0.03 57.90
Pct Change 9.67 -11.32 -6.33 -20.46 -100.00 -31.39 25.00 -4.42
Median Prime % Change -8.83%
Average Prime % Change -17.41%

Calculated Market Value: Luke Farrell

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
1 years, $1,459,584 $1,459,584

FEATURED PLAYER NEWS

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Before the chaos of the NFL offseason kicks into gear, we’ll dive into five players who appear poised to lock in a contract extension in the coming weeks and months, providing outcome predictions for each.

TRANSACTIONS

May 20, 2021
Signed a 4 year $3.83 million contract with Jacksonville (JAC)
May 01, 2021
Drafted by Jacksonville (JAC): Round 5 (#145 overall)

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