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Caedan Wallace rookie contract figures with New England Patriots revealed after NFL Draft

ns_headshot_2024-clearby:Nick Schultz•04/26/24•

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Caedan Wallace, Penn State Nittany Lions offensive tackle
Penn State offensive tackle Caedan Wallace lines up to block during a game on Sept. 4, 2021. (Jeff Hanisch / USA TODAY Sports)

After helping anchor the offensive line at Penn State, Caedan Wallace is heading to New England. The Patriots selected him with the No. 68 overall pick Friday night, and his rookie contract figures have been revealed.

Wallace will sign a four-year contract worth $6.03 million, according to Spotrac. He will also receive a signing bonus of $1.2 million.

The 2023 season was Wallace’s best as he started in all 13 games at right tackle and allowed just one sack in 359 pass-blocking snaps. His work last season led to him being named an All-Big Ten Honorable Mention.

In 2022, Wallace played in eight games with seven starts at right tackle. He missed five regular season games due to an injury. Wallace started all 13 games at right tackle in 2021 and played in nine games with seven starts at the same position in 2020. In 2019, Wallace played in four games as a reserve before redshirting.

Wallace played high school football at The Hun School (N.J.), where he was a four-star recruit. He was the No. 60 overall player from the 2019 cycle, according to the On3 Industry Ranking, a weighted average that utilizes all four major recruiting media companies.

What NFL Draft analysts are saying about Caedan Wallace

Wallace might have to start his career as a backup, according to NFL.com’s Lance Zierlein, but he has the size and body control to make an impact at the next level. It’s also worth noting he played opposite Olu Fashanu, and Zierlein thinks Wallace is better in some aspects.

“Wallace played tackle in college but could be considered as a tackle or guard by NFL evaluators,” Zierlein wrote. “He’s broad across his upper and lower body and has decent length and big hands. He’s a clock-puncher who plays with better fundamentals and technique than his highly regarded teammate, Olumuyiwa Fashanu.

“Wallace won’t flash as often as a run blocker and he might be somewhat capped out in terms of what he’s going to be as a tackle. Wallace has NFL size and good body control and should find work as a backup with the potential to start as a guard or tackle.”