Yearly salary cap hits, contract details for Colts RB Seth McGowan

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The Indianapolis Colts have officially signed running back Seth McGowan to his four-year rookie deal, and Over the Cap has contract details and salary cap hits.

This four-year deal for McGowan totals $4.514 million, which averages out to $1.128 million per year. McGowan earned a guaranteed signing bonus of $134,908.

McGowan will earn a base salary of $885,000 for the 2026 season, and that figure will increase each season, maxing out at $1.280 million in 2029, the final year of his deal.

The aforementioned signing bonus will be prorated for salary cap purposes over the life of the contract, accounting for $33,727 against the cap each season.

Seth McGowan's salary cap hits by year with Colts

  • 2026: $918,727
  • 2027: 1.083M
  • 2028: $1.198M
  • 2029: $1.313M

McGowan will compete with DJ Giddens for the Colts' backup running back role. Special teams contributions and ability to hold up in pass pro will be important factors in deciding this competition.

This article originally appeared on Colts Wire: Colts salary cap: Contract breakdown for RB Seth McGowan

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