Noticiero El Big Picture del Deporte: Fox Business, LSU quarterback Joe Burrow set for big NFL payday: Here's how much

Burrow is the consensus choice for the first overall pick in 2020 NFL Draft. The top pick in the 2019 NFL Draft received a four-year contract worth an estimated $35 million, including a $23.4 million signing bonus. Compensation for the first overall pick rises by about $2 million to $3 million each season, which would put Burrow’s deal into the $37 million range.

• NFL rookie contracts are pre-determined by a scale tied to the league’s salary cap for the upcoming season. While the 2020 salary cap has yet to be finalized, the contract signed by Arizona Cardinals quarterback Kyler Murray, the first overall pick in last year’s draft, provides a glimpse at what Burrow can expect to earn.
• Burrow, who completed his master’s degree at LSU in December, is considered a virtual lock to be the first overall pick in the 2020 NFL Draft. The Cincinnati Bengals hold the first pick and are in the market for a franchise quarterback after a dismal 2-14 season.
• The possibility of endorsement deals, which were forbidden for college players during Burrow’s time at LSU, will vastly increase his earning potential at the professional level.

References: 

Fox Business, LSU quarterback Joe Burrow set for big NFL payday: Here's how much, Thomas Barrabi, Jan. 14, 2020.