Per the terms of his slot as the No. 24 overall pick, it’ll be a four-year, $11.9MM deal for the Alabama product. And, because Jacobs is a first-round pick, the Raiders will hold a team option on a fifth season. The additional year is guaranteed for injury only, giving Oakland flexibility in the event that things do not work out.
Recently, we heard rumblings of a major stall in negotiations between the Raiders and Jacobs. There was reportedly concern that the running back would not show for training camp on July 23, but the two sides apparently worked out a disagreement over the payment schedule of his signing bonus.
It’s a fully guaranteed deal, according to NFL.com’s Tom Pelissero (on Twitter), meaning that the top 24 picks in this year’s draft will have completely guaranteed pacts. That’s an uptick from 2018, when the top 22 got full guarantees.
Jacobs, the first running back to come off of the board in April’s draft, averaged 5.9 yards per carry over the course of his career at Alabama. Evaluators believe that Jacobs has the ideal size and frame to be an every-down back at the next level, though there is concern about his overall speed.
With Jacobs in the fold, all of the Raiders’ draft picks are now under contract. His signing leaves just five unsigned first-round picks around the league: Nick Bosa (49ers, No. 2 overall), Quinnen Williams (Jets, No. 3), Devin White (Buccaneers, No. 5), Daniel Jones (Giants, No. 6), and Brian Burns (Panthers, No. 16).
Photo courtesy of USA Today Sports Images.