NFL rewards Kansas City Chiefs RG Trey Smith with performance-based pay bump for second consecutive year

The NFL has officially announced performance-based pay distributions for the 2023 NFL season, and Kansas City Chiefs RG Trey Smith is a big winner for the second consecutive season.  The league announced on Monday that NFL players are set to receive nearly $394 million in performance-based for the 2023 season. This comes from the league […]

Charles Goldman NFL Managing Editor
Add as preferred source on Google
Feb 11, 2024; Paradise, Nevada, USA; Kansas City Chiefs guard Trey Smith (65) poses for a photo after winning Super Bowl LVIII against the San Francisco 49ers at Allegiant Stadium.
Kirby Lee-USA TODAY Sports

The NFL has officially announced performance-based pay distributions for the 2023 NFL season, and Kansas City Chiefs RG Trey Smith is a big winner for the second consecutive season. 

The league announced on Monday that NFL players are set to receive nearly $394 million in performance-based for the 2023 season. This comes from the league as a benefit collectively bargained between the NFL and NFLPA to compensate players based on their playing time and salary.

A sixth-round draft pick out of the University of Tennessee in 2021, Smith was the top earner in performance-based pay among Chiefs players in both 2022 and 2023. He played the third-highest percentage (96.11%) of offensive snaps in Kansas City in 2023. His 1,086 snaps earned him a No. 7 in the NFL in terms of performance-based pay with over $865K earned.

On top of becoming a back-to-back Super Bowl champion in the past two years, Smith has now earned over $1.5 million in performance-based pay. 

Former Ravens G John Simpson (now with the New York Jets) was the top earner in the NFL this past season with over $974K in performance-based pay.

Explaining how the NFL determines performance-based pay each year:

If you’re curious about how exactly performance-based pay is determined, here’s an explainer and chart from the NFL:

Each player on the same team com­petes for his own share of his club’s Performance-Based Pay pool. The hypothetical example in the table below illustrates how the Player Index works, using a simplified four-player team and a club bonus pool of $1,000,000. Each player receives his share of the pool depending on how his Index compares to those of his teammates.

via NFL Communications