Michael Palardy

Punter

  • 2018 Salary Cap Charge: $1,230,000
  • % of 2018 Team Cap: 0.67%
  • 2018 Cash Payout: $2,630,000
  • % of 2018 Team Cash Spending: 1.47%
  • 2018 Cash to Cap Ratio: 2.14
  • Total Contract Value: $7,520,000
  • Annual Contract Value: $2,506,667
  • Position Ranking: 5/16 at P
  • Fully Guaranteed Money: $2,000,000
  • Age: 26
  • Height: 5' 11"
  • Weight: 190
  • College: Tennessee
  • Accrued Seasons: 2
  • Entry: 2014 Undrafted Free Agent (Raiders)
  • Year Signed: 2018
  • Contract Type: Extension
  • Free Agency: 2022 (UFA)

Contract Notes

Michael Palardy signed a three year, $7.52 million contract extension with the Panthers on October 3, 2018. Palardy received a $2 million signing bonus.

Current Contract

YearAgeBase Salary (Guaranteed)BonusesCap
Number
Cap %
Dead Money & Cap Savings
ProratedRosterWorkoutOther
201826$630,000$500,000$0$0$100,000$1,230,0000.7%
201927$800,000$500,000$0$100,000$0$1,400,0000.7%
202028$1,840,000$500,000$160,000$100,000$0$2,600,0001.3%
202129$2,180,000$500,000$240,000$100,000$0$3,020,000--
Total$5,450,000$2,000,000$400,000$300,000$100,000$8,250,000
Embed This Contract
<iframe src="https://overthecap.com/contract-embed/3635/" width="600" height="283" frameborder="0" scrolling="no"></iframe>
Career Earnings: $2,738,494
Career APY: $912,831
Potential Earnings: $3,361,594
Total Guarantees: $2,000,000
Largest Cash Payment: $2,630,000 (2018)
Largest Cap Hit: $3,020,000 (2021)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYAmount Earned% EarnedEffective APY
Raiders20141$6,300$6,300$6,300100.0%$6,300
Rams20151$435,000$435,000$00.0%$0
FalconsPractice20161$117,300$117,300$6,9005.9%$0
PanthersSFA20161$450,000$450,000$185,29441.2%$185,294
PanthersERFAExpired20171$540,000$540,000$540,000100.0%$540,000
PanthersERFARenegotiated20181$630,000$630,000$00.0%$0
PanthersExtensionActive20183$7,520,000$2,506,667$2,000,00026.6%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Raiders1$6,300$6,300$6,3000.0%$00.0%
Rams0$0$0$00.0%$00.0%
Falcons0$6,900$0$00.0%$6,9000.0%
Panthers2$2,725,294$1,362,647$725,2940.0%$00.0%
Browns$0$0$00.0%$20,7000.0%

Salary Cap History    

YearTeamBase Salary (Guaranteed)BonusesCap
Number
Cap %Cash Due
ProratedRosterWorkoutOther
2014Raiders$6,300$0$0$0$0$6,3000.0%$6,300
2016Panthers$450,000$0$0$0$0$185,2940.1%$185,294
2017Panthers$540,000$0$0$0$0$540,0000.3%$540,000
2018Panthers$630,000$500,000$0$0$100,000$1,230,0000.7%$2,630,000
2019Panthers$800,000$500,000$0$100,000$0$1,400,0000.7%$0
2020Panthers$1,840,000$500,000$160,000$100,000$0$2,600,0001.3%$0
2021Panthers$2,180,000$500,000$240,000$100,000$0$3,020,000--$0
Total$6,446,300$2,000,000$400,000$300,000$100,000$8,981,594 $3,361,594
Dead Money History
TeamYearCap ChargeCash Paid
Browns2016$20,700$20,700
Falcons2016$6,900$6,900
Total$27,600$27,600

Statistics

YearGames PlayedSnaps
Special
2016714.4%
20171630.3%
2018927.2%

Financial Reports

Yearly Cap Charge vs. Dead Money (pre-June 1 cut)
Positional Comparisons to League Average