No Guaranteed Money in Dwayne Haskins’ Low-Risk Steelers Contract

Further details of quarterback Dwayne Haskins’ new contract with the Pittsburgh Steelers have emerged, demonstrating just how low-risk the acquisition is for the club.

According to ESPN’s Field Yates, Haskins’ Reserve/Future contract with the Steelers is a one-year, $850,000 deal with no guaranteed money.

No bells or whistles to Dwayne Haskins' reserve/future deal with the Steelers: 1-year, $850K, 0 guarantees.

He's got plenty of money still due from WFT.

This was all about fit for Haskins, with a good chance to develop in Pittsburgh, while the Steelers take a zero risk flier.

— Field Yates (@FieldYates) January 26, 2021

Simply put, the Steelers will not be on the hook for any money if they decide to part ways further down the line. If Haskins turns out to be a diamond in the rough for Pittsburgh, they will have acquired him on a tremendous bargain.

Haskins is not getting a raw deal financially either, as he is still being paid on his four-year, $14,416,611 rookie deal with Washington. Signing with the Steelers gives him an opportunity to prove himself with a steady organization without worrying about the financial implications.

A first round pick in the 2019 NFL Draft out of Ohio State, Haskins was waived by Washington in late December after the young quarterback was photographed maskless at a strip club, in clear violation of the league’s COVID-19 protocols and mid-pandemic common sense.

Haskins was shaky over two seasons in Washington, passing for 12 touchdowns with 14 interceptions, while completing just over 60% of his passes.

The Steelers are hoping Haskins can flash the talent he showed in his final season at Ohio State, where he completed 70% of his passes for 4,831 yards with 50 touchdowns and just eight interceptions. He finished third in Heisman Trophy voting in 2018.

By signing Haskins to such a low-risk, team-friendly contract, Pittsburgh will have an excellent opportunity to determine if some of that talent is still there.