The Super Bowl is about more than just claiming the Lombardi Trophy; players from both teams are also in line for a hefty bonus, regardless of the outcome.
In Super Bowl 59, the Philadelphia Eagles triumphed over the Kansas City Chiefs on Sunday, securing a 40-22 victory in New Orleans.
The Dollar Breakdown
Though Patrick Mahomes and his teammates like Travis Kelce likely felt the sting of defeat, they can take solace in the $96,000 bonuses they earned for competing in the big game. Meanwhile, the victorious Eagles will walk away with $171,000 each for their win.
Under article 37 of the NFL’s collective bargaining agreement, players receive standardized bonuses for advancing through various stages of the playoffs.
Every team and individual player is entitled to tiered levels of bonus compensation for various playoff achievements, ranging from division wins and first-round byes to Super Bowl victories and defeats.
Each playoff round comes with a specific bonus amount, and payments must be made within 15 days following a playoff game, according to As USA.
In the 2020-2021 season, players on the Super Bowl winners, the Tampa Bay Buccaneers, received a bonus of $133,000, while the losers, the Chiefs, received $65,000 apiece.
Highlighting the high stakes of the Super Bowls, the winning and losing bonuses have increased by 31.5 percent and 47.7 percent in a matter of four years, respectively.
Mahomes, who signed a 10-year contract extension for $450 million with the Chiefs in 2020, isn’t getting a significant bonus when compared against his NFL salary, but $96,000 is rather sufficient for a second place.
The Eagles and winning quarterback Jalen Hurts are expected to celebrate their Super Bowl championship on Valentine’s Day, which falls on a Friday, as reported by The Philadelphia Inquirer.
Both the Philadelphia School District and South Jersey’s Gloucester City School District will have a day off for the parade. The day off follows a similar tradition from 2018 when the Eagles won the Super Bowl, prompting government offices to close.
In 2023, even after the team lost to the Chiefs in that Super Bowl, public offices were given a two-hour delay for the occasion.