Details of Joe Mixon's Contract Restructure With Bengals Revealed

The veteran running back restructured his contract on Friday to remain in Cincinnati.

Author:
James Rapien
Publish date:
Jul 14, 2023 8:45 PM EDT

In this story:

Cincinnati Bengals

CINCINNATI — Despite an offseason full of speculation, Joe Mixon will remain in Cincinnati this season.

The veteran running back agreed to a restructured deal on Friday night, league sources told All Bengals.

Mixon was scheduled to make more than $10 million this season and had a $12.8 million cap hit.

The 26-year-old agreed to a significant pay cut. Mixon will make just under $6 million in base salary and could make up to $8 million with incentives according to Pro Football Talk.

Look: More Details Emerge About Mixon's New Multi-Year Contract

"Joe just agreed to a restructuring of his deal," Mixon's agent Peter Schaffer told Pelissero. "His goal is to win a Super Bowl and play his career in Cincinnati and this is the best way to accomplish these goals.”

Mixon will remain the Bengals starting running back. This is the first time in team history that they've restructured a contract. Offers have been made in the past, but it takes two sides to make this work. Mixon clearly wanted to remain in Cincinnati.

The Bengals took him in the second-round (48th overall) in the 2017 NFL Draft. He's ran for 5,378 yards and 40 touchdowns in six seasons in Cincinnati. Mixon also has 231 receptions for 1,763 yards, 10 receiving scores and was a Pro Bowler in 2021.

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