Deebo Samuel officially put pen to paper on Monday morning, signing a three-year deal reportedly worth $71.55 million with a maximum value of $73.5 million, including $58.167 million that will become fully guaranteed on April 1, 2023.
RELATED Details emerge on 49ers WR Deebo Samuel's 3-year extension
What's the deal with the $1.95 million in incentives? ESPN's Adam Schefter provided some details. Samuel can earn the extra money by hitting a specific mark in rushing yards each season. That means the 49ers could continue using Samuel as a part-time running back in Kyle Shanahan's offense, which the head coach said was not off the table on Monday.
In case the 49ers continue to use wide receiver Deebo Samuel as a running back, he has incentives in his new contract that could pay him an additional $1.95 million over life of contract for rushing yards and rushing TDs, per sources.
— Adam Schefter (@AdamSchefter) August 1, 2022
Pro Football Talk first reported that Samuel would receive $650,000 in yearly incentives. Schefter reports that the star wideout will need to reach 380 rushing yards per season to earn that money. He had 365 through his 16 games last season.
Samuel will also earn $150,000 if he scores three rushing touchdowns in any single season. He had eight in 2021, setting a single-season NFL record for a wide receiver.
Deebo Samuel will receive $650,000 per year for each year he has 380 or more rushing yards.
Samuel also will earn $150,000 if he scores three rushing TDs in any one year.
He maxes out at $650,000 per year and 1.95 million over the life of his new contract.
— Adam Schefter (@AdamSchefter) August 1, 2022