New contract details for Packers CB/KR Keisean Nixon

The Packers gave Keisean Nixon a $6.5 million signing bonus in his three-year, $18 million deal.

New contract details are in for Green Bay Packers cornerback Keisean Nixon. According to Over the Cap and Ken Ingalls, Nixon’s deal includes a $6.5 million signing bonus, a roster bonus of $2.8 million in 2025 and a 2024 cap number of under $4 million.

Nixon’s deal pays out $8.8 million in 2024 and $18 million over the three years. The only guaranteed money is the $6.5 million signing bonus. The Packers included $200,000 in annual workout bonuses and $500,000 in per-game roster bonuses.

The Packers are paying Nixon — a first-team All-Pro at kickoff returner in 2022 and 2023 and the defense’s starter in the slot in 2023 — as an expected starter and impact special teamer for 2024 and beyond. He turns 27 in June and is now under contract through his age 29 season.

Nixon’s cap number will be $3.99 million in 2024 and never rises above $7.2 million.

Here are the numbers and structure, via Over the Cap and Ingalls:

Year Base Signing Roster Per game Workout Cap number
2024 $1,125,000 $2,166,666 $500,000 $200,000 $3,991,666
2025 $1,170,000 $2,166,666 $2,805,000 $500,000 $200,000 $6,841,666
2026 $4,300,000 $2,166,666 $500,000 $200,000 $7,166,668
Total $6,595,000 $6,500,000 $2,805,000 $1,500,000 $600,000 $18,000,000

In terms of money paid out in 2024, Nixon currently ranks 23rd among cornerbacks. Even if he doesn’t play out the final year of the deal, Nixon will make $13 million across the first two years of the contract.

Nixon led the NFL in kickoff returns and kickoff return yardage in each of the last two seasons, and he played over 800 snaps on defense across 17 games in 2023.