Erik McCoy

Center

Age: 27
Free Agency: 2028 (Void)
Accrued Seasons: 5
  • 2024 Salary Cap Charge: $6,520,000 (2.53% of cap)
  • 2024 Cash Payout: $10,100,000 (4.72% of spending)
  • 2024 Cash to Cap Ratio: 1.55
  • Contract Value: $60,000,000 ($12,000,000 APY)
  • Fully Guaranteed Money: $20,090,000
  • Contract Ranking: 7/70 at C

Current Contract

(Extension, signed 2022)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated Signing BonusRoster BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
202225$1,010,000$2,212,378$0$1,010,000$3,222,3781.6%
202326$1,080,000$3,600,000$0$1,080,000$4,680,0002.1%
2024 📝
March 18: Roster bonus due
27$1,125,000$5,395,000$0$1,125,000$6,520,0002.5%
2025 📝
March 21: Roster bonus due
28$9,600,000$5,395,000$500,000$0$13,700,0005.3%
2026 📝
March 19: Roster bonus due
29$10,000,000$5,395,000$500,000$0$14,100,0005.0%
2027 📝
March 19: Roster bonus due
30$10,500,000$3,795,000$1,500,000$0$14,000,0004.5%
202831Void$1,795,000VoidVoid$1,795,000--
Total$33,315,000$27,587,378$2,500,000$3,215,000$58,017,378

Contract Notes

Eric McCoy signed a five year, $60 million extension with the Saints. McCoy received $33 million in guarantees of which $22 million is guaranteed at signing. McCoy received an $8 million roster bonus and his 2022 and 2023 salaries are fully guaranteed. If on the roster the third day of the 2024 league year his salary for that season will be guaranteed. Another $2.81M is fully guaranteed if on the roster on the third day of the 2025 league year. There are annual roster bonuses due on the 5th day of the league year in the final two years of the contract. The extension created $180,000 in cap room for 2022.

February 22, 2024 - McCoy and New Orleans agreed to a contract restructure per Tom Pelissero with conversion of $8,795,00 to signing bonus. One void year was added to the contract for salary cap purposes

Cash Flows

- fully earned money
- unearned or partially earned money
$12M
$24M
$36M
$48M
$60M
202220232024202520262027
Cash Due$6,220,000$11,080,000$10,100,000$10,100,000$10,500,000$12,000,000
Running Cash$6,220,000$17,300,000$27,400,000$37,500,000$48,000,000$60,000,000
Career Earnings: $24,855,047
Career APY: $4,971,009
Potential Earnings: $67,555,047
Total Guarantees: $23,806,357
Largest Cash Payment: $12,000,000 (2027)
Largest Cap Number: $14,100,000 (2026)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
SaintsDraftedExtended20194$6,090,582$1,522,646$3,716,357$4,765,04778.2%$1,588,349
SaintsExtensionActive20225$60,000,000$12,000,000$20,090,000$20,090,00033.5%$10,045,000
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Saints5$24,855,047$4,971,009$12,055,0470.0%$00.0%

Season History

YearTeamBase SalaryProrated BonusRoster BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2019Saints$495,000$612,378$0$495,000$1,107,3780.6%$2,944,512
2020Saints$771,845$612,378$0$771,845$1,384,2230.7%$771,845
2021Saints$1,048,690$612,378$0$0$1,661,0680.9%$1,048,690
2022Saints$1,010,000$2,212,378$0$1,010,000$3,222,3781.6%$9,010,000
2023Saints$1,080,000$3,600,000$0$1,080,000$4,680,0002.1%$11,080,000
2024Saints$1,125,000$5,395,000$0$1,125,000$6,520,0002.5%$10,100,000
2025Saints$9,600,000$5,395,000$500,000$0$13,700,0005.3%$10,100,000
2026Saints$10,000,000$5,395,000$500,000$0$14,100,0005.0%$10,500,000
2027Saints$10,500,000$3,795,000$1,500,000$0$14,000,0004.5%$12,000,000
2028Saints$0$1,795,000$0$0$1,795,000--$0
Total$35,630,535$29,424,512$2,500,000$4,481,845$62,170,047$67,555,047

Statistics

YearGames PlayedGames InactiveSnaps
InjuredHealthyOffenseSpecial
2019160099.4%16.4%
2020160099.7%6.9%
2021125068.3%3.6%
2022130076.0%1.1%
2023170099.5%15.5%

Valuation Diamond

The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.

OTC ValuationAPY
Regular$6,048,000$12,000,000
Injury Adjusted$6,048,000$12,000,000
test
OTC Valuation $1.8M $3.6M $5.4M $7.2M $9M APY $2.4M $4.8M $7.1M $9.5M $11.9M $4,370,000 $4,125,000

Weekly Valuation Trends

The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.

To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.