Now that he is the starting quarterback for the Indianapolis Colts, Joe Flacco will have the opportunity to earn up to $3.7 million in additional contract benefits, according to Tom Pelissero of the NFL Network.

The Colts signed Flacco to a one-year, $4.5 million deal this offseason. This came in the form of a $1.5 million signing bonus and a $3 million base salary.

Based on how the team performs under Flacco, he now has the opportunity to add to that $4.5 million total.

As highlighted in Pelissero’s post, Flacco can earn additional compensation based on playing time And the Colts make the playoffs and max out at $1,000,000.

• 30% or more of offensive playing time during 2024 regular season: $250,000 or

• 40% or more of offensive playing time during 2024 regular season: $500,000 or

• 50% or more of offensive playing time during 2024 regular season: $750,000 or

• 60% or more of offensive playing time during the 2024 regular season: $1,000,000 or

Another bonus option for Flacco is that for every win the Colts get where he plays at least 50 percent of the offensive snaps, he will earn $100,000, up to a maximum of $1.7 million.

Then, for every possible playoff game in which Flacco plays 50 percent of the offensive snaps and the team wins, he will earn another $250,000, up to a maximum of $1,000,000.

In total, between these three separate incentives, the total additional profit potential for Flacco is the aforementioned $3.7 million.

Any additional incentives Flacco takes will add to his 2024 cap hits that the Colts will have to absorb.

This article originally appeared on Colts Wire: With Colts QB starting, Joe Flacco has chance to earn contract incentives