Story Poster
Photo by Pat Kinnison - Chief Photographer
Oklahoma State Football

Chuba Hubbard Agrees to Terms With Carolina Panthers

May 6, 2021
4,018

STILLWATER – Oklahoma State running back Chuba Hubbard is now officially a Carolina Panther running back. The Panthers announced the two had agreed to terms on Hubbard’s four-year rookie contract, the first of the Carolina rookies, and the first rookie deal to be announced by a team.

While the details have yet to be announced, the contract value of Hubbard’s draft spot is $4,193,176 with a projected signing bonus of just over $700,000.

Hubbard was drafted in the fourth round with the 126th overall pick in the 2021 NFL Draft. While he had a down 2020 season which was marred by injuries, finishing with 625 yards and five touchdowns on 133 carries, his 2019 season was one of the best in program history. He finished with 2,094 yards and 21 touchdowns on 328 carries. Former Baylor coach, and current Panther head coach, Matt Rhule, saw plenty of Hubbard in Stillwater in the 2019 season as he rushed for 171 yards and two touchdowns.

In a rather funny exchange during their draft call, Rhule explained to Hubbard that Rhule’s wife Julie sent a text asking that the Panthers please draft Hubbard during the fourth round.

Hubbard finished his Oklahoma State career with 3,495 rushing yards and 33 touchdowns on 585 carries, which is good enough for eight all-time in program history.

Discussion from...

Chuba Hubbard Agrees to Terms With Carolina Panthers

3,698 Views | 5 Replies | Last: 3 yr ago by Theecolonel
CaliforniaCowboy
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:51p, 5/6/21
good for Chuba.

"the contract value of Hubbard's draft spot is $4,193,176 with a projected signing bonus of just over $700,000."


does that mean 1 mil/yr for 4 years, or 4 mil/yr for 4 years?

neither one seems like all that much when you factor in agent fees and worker confiscation government penalty (taxes).





Reply Quote
1 edit
TeaTownCowboy
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:14a, 5/7/21
Congrats to Chuba. Hope, and I think he will be, he's one of those who will be wise w/ his money! NFL contracts are rarely 100% guaranteed and four years is too long for an RB rookie contract. IMO the NFL should change rookie contracts and limit them based on position. Cause the average life of an NFL RB isn't that long...
Reply Quote
1
TeaTownCowboy
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to CaliforniaCowboy • 7:16a, 5/7/21
Subtract the signing bonus amount and divide by four I believe. So a bit over a mill per year but there's likely some performance bonuses inked in there I would imagine! It's probably not 100% guaranteed, what rookie gets that, maybe only QBs but not many.
Reply Quote
CaliforniaCowboy
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:08a, 5/7/21
yeah, that's what I was thinking..... it's not that much money considering the IRS and everybody else that has their hands out... for all the effort that went into earning it, and the uncertainty of the future.

I like your idea of shorter rookie contracts.... those teams are not risking anything that they need to "have protection" over for 4 years.

I think that the government should allow players to distribute tax liabilities, or "average" their earnings over their "lifetimes" rather than pay lump sum tax amounts. It's like the government is taking half of their life-time earnings over a couple of years timeframe. The rest of us get to spread our life-time earnings over our entire lives. (we still both give up about half of our lives to the freaking government, but we get to spread it out over our entire live).

Reply Quote
2
Theecolonel
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:55a, 5/8/21
He will prove his value and be a solid guy!!
USA First!!!!
Reply Quote
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.