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: 4/12 at P
  • Fully Guaranteed Money: $2,000,000
  • Age: 26
  • Height: 5' 11"
  • Weight: 190
  • College: Tennessee
  • Accrued Seasons: 3
  • 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

Year Age Base Salary (Guaranteed) Bonuses Cap
Number
Cap %
Dead Money & Cap Savings
Prorated Roster Workout Other
2018 26 $630,000 $500,000 $0 $0 $100,000 $1,230,000 0.7%
2019 27 $800,000 $500,000 $0 $100,000 $0 $1,400,000 0.7%
2020 28 $1,840,000 $500,000 $160,000 $100,000 $0 $2,600,000 1.3%
2021 29 $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: $3,368,494
Career APY: $842,124
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

Team Contract Type Status Year Signed Yrs Total APY Guarantees Amount Earned % Earned Effective APY
Raiders 2014 1 $6,300 $6,300 $0 $6,300 100.0% $6,300
Rams 2015 1 $435,000 $435,000 $0 $0 0.0% $0
Falcons Practice 2016 1 $117,300 $117,300 $0 $6,900 5.9% $0
Panthers SFA 2016 1 $450,000 $450,000 $0 $185,294 41.2% $185,294
Panthers ERFA Expired 2017 1 $540,000 $540,000 $0 $540,000 100.0% $540,000
Panthers ERFA Renegotiated 2018 1 $630,000 $630,000 $0 $0 0.0% $0
Panthers Extension Active 2018 3 $7,520,000 $2,506,667 $2,000,000 $2,630,000 35.0% $2,630,000
Earnings By Team
Team Yrs Salary APY Paid on Cap % Paid on Cap Paid as Dead Money % Paid as Dead Money
Raiders 1 $6,300 $6,300 $6,300 0.0% $0 0.0%
Rams 0 $0 $0 $0 0.0% $0 0.0%
Falcons 0 $6,900 $0 $0 0.0% $6,900 0.0%
Panthers 3 $3,355,294 $1,118,431 $1,955,294 0.0% $0 0.0%
Browns $0 $0 $0 0.0% $20,700 0.0%

Salary Cap History    

Year Team Base Salary (Guaranteed) Bonuses Cap
Number
Cap % Cash Due
Prorated Roster Workout Other
2014 Raiders $6,300 $0 $0 $0 $0 $6,300 0.0% $6,300
2016 Panthers $450,000 $0 $0 $0 $0 $185,294 0.1% $185,294
2017 Panthers $540,000 $0 $0 $0 $0 $540,000 0.3% $540,000
2018 Panthers $630,000 $500,000 $0 $0 $100,000 $1,230,000 0.7% $2,630,000
2019 Panthers $800,000 $500,000 $0 $100,000 $0 $1,400,000 0.7% $0
2020 Panthers $1,840,000 $500,000 $160,000 $100,000 $0 $2,600,000 1.3% $0
2021 Panthers $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
Team Year Cap Charge Cash Paid
Browns 2016 $20,700 $20,700
Falcons 2016 $6,900 $6,900
Total$27,600$27,600

Statistics

Year Games Played Snaps
Special
2016 7 14.4%
2017 16 30.3%
2018 16 27.5%

Financial Reports

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