Luke McCaffrey signed a 4 Years, $5,596,312 contract with the Washington Commanders on May 10, 2024. The contract runs through the 2027 season and has an average annual value of $1,399,078. It also came with a $890,044 signing bonus and $890,044 guaranteed. McCaffrey was represented by Range Sports in negotiations.
| Year | Base Salary | Cap Hit | Cap % |
|---|---|---|---|
| 2024 | $795,000 | $1,017,511 |
0.40%
|
| 2025 | $1,009,378 | $1,271,889 |
0.46%
|
| 2026 | $1,263,756 | $1,526,267 |
0.50%
|
| 2027 | $1,518,134 | $1,780,645 |
0.53%
|