Joe Mixon Addresses Bengals Pay Cut

Joining Aaron Jones in accepting a pay cut off a $12MM-per-year contract this offseason, Joe Mixon accepted a steeper pay slash compared to the Packers running back. The seventh-year Bengals back is now tied to what can be labeled a two-year, $11.5MM deal — one that gives the Bengals flexibility to move on after the 2023 season.

Mixon entered the offseason as one of eight backs tied to eight-figure-per-year extensions. While he remains under contract nearly three years after agreeing to a four-year, $48MM Cincinnati extension, the former second-round pick is now making a fraction of the AAV he signed up for in 2020. With Samaje Perine gone, however, Mixon is the clear-cut Bengals starter. And it is not out of the question his workload increases in 2023.

I see the bigger picture. I see the task at hand and what we’re trying to build and in order to keep other players here and pieces here, sometimes you have to sacrifice,” Mixon said, via Bengals.com’s Geoff Hobson. “I felt like this year was the year to sacrifice on the Super Bowl team we can potentially be.

That was my stance on it. We agreed on a number with great compensation this year with the incentives. Off my last deal, I feel like they allowed me to work to be able to make that money back. That’s cool. I’ll go work for it.”

Mixon, 27, took a $4.39MM pay cut for this season and trimmed $4.67MM off his 2024 salary. Although the Packers slashed Jones’ 2023 salary by $5MM, he received $8.52MM in guarantees in exchange for the cut. While Mixon is at $11.5MM over the next two years, Jones is at $23MM. It will cost the Packers $12.4MM in dead money — in a non-post-June 1 scenario — to release Jones in 2024; Mixon can be cut for just $2.75MM in dead money next year.

Had Mixon refused the pay cut, he would have joined the likes of Dalvin Cook, Ezekiel Elliott, Leonard Fournette and Kareem Hunt as proven veterans unsigned in a year when the running back market crashed. This undoubtedly influenced the Bengals’ terms when they approached Mixon with the long-rumored cut. But Mixon will be Cincinnati’s starting back for a seventh year. With 71 starts to his credit, Mixon will move into third place on the Bengals’ all-time list — behind James Brooks and Corey Dillon — early this season. He sits just more than 1,000 rushing yards shy of Brooks for second in team history in rushing.

Mixon is coming off a down season and has totaled 1,545 career touches. The Oklahoma product will have a chance to prove last year (1,255 scrimmage yards, down from 1,519 during the Bengals’ Super Bowl LVI season) did not mark a clear sign of a decline while operating as the lead back on what again looks like one of the NFL’s best teams.

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