Age: 30
Free Agency: 2024 (Void)
Accrued Seasons: 7
- Height: 6'3"
- Weight: 212
- College: Ohio State
- Entry: 2016 Draft, Round 2, #47 overall (Saints)
- 2023 Salary Cap Charge: $14,253,588 (6.38% of cap)
- 2023 Cash Payout: $6,260,000 (2.71% of spending)
- 2023 Cash to Cap Ratio: 0.44
- Contract Value: $10,000,000 ($10,000,000 APY)
- Fully Guaranteed Money: $6,260,000
- Contract Ranking: 33/295 at WR
Current Contract
(Other, signed 2023)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 30 | $1,260,000 | $12,993,588 | $1,260,000 | $14,253,588 | 6.4% | |||||
| 2024 | 31 | $1,210,000 | $8,993,588 | $0 | $10,203,588 | 4.0% | |||||
| 2025 | 32 | Void | $4,093,588 | Void | $9,187,177 | 3.3% | |||||
| 2026 | 33 | Void | $4,093,589 | Void | $0 | 0.0% | |||||
| 2027 | 34 | Void | $1,000,000 | Void | $0 | -- | |||||
| Total | $2,470,000 | $31,174,353 | $1,260,000 | $33,644,353 | |||||||
Contract Notes
Michael Thomas and the Saints agreed to a renegotiated contract to keep Thomas on the Saints in 2023. The contract, which has an effective length of one year, has a base value of $10 million of which $6.26 million is guaranteed at signing. Thomas' 2024 salary includes an incentivized roster bonus worth $3.74 million that is based on games active in 2023. If earned these will be guaranteed if on the roster on the 1st day of the 2024 league year. Thomas contract contains what are four effective void years as the structure of the contract is designed to designate Thomas as a post June 1 cut at the start of the 2024 league year or extend him prior to the start of the league year. The intent of the contract is to have Thomas as a free agent in 2024.
Cash Flows
| 2023 | 2024 | |
|---|---|---|
| Cash Due | $6,260,000 | $4,950,000 |
| Running Cash | $5,050,000 | $10,000,000 |
Career Earnings: $70,218,974
Career APY: $10,031,282
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Saints | Drafted | Renegotiated | 2016 | 4 | $5,118,974 | $1,279,744 | $3,055,569 | $3,970,931 | 77.6% | $1,323,644 |
| Saints | Extension | Renegotiated | 2019 | 5 | $96,250,000 | $19,250,000 | $35,648,043 | $61,248,043 | 63.6% | $15,312,011 |
| Saints | Other | Active | 2023 | 1 | $10,000,000 | $10,000,000 | $6,260,000 | $5,000,000 | 50.0% | $0 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Saints | 7 | $70,218,974 | $10,031,282 | $39,947,562 | 0.0% | $0 | 0.0% |
Season History
| Year | Team | Base Salary | Prorated Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | Saints | $450,000 | $480,722 | $0 | $450,000 | $930,722 | 0.6% | $2,372,888 | ||
| 2017 | Saints | $682,681 | $480,722 | $0 | $682,681 | $1,163,403 | 0.7% | $682,681 | ||
| 2018 | Saints | $915,362 | $480,722 | $0 | $0 | $1,396,084 | 0.8% | $915,362 | ||
| 2019 | Saints | $1,648,043 | $4,480,722 | $0 | $1,648,043 | $6,128,765 | 3.2% | $21,648,043 | ||
| 2020 | Saints | $1,000,000 | $6,000,000 | $0 | $1,000,000 | $7,000,000 | 3.5% | $11,000,000 | ||
| 2021 | Saints | $1,000,000 | $8,900,000 | $200,000 | $1,000,000 | $10,100,000 | 5.5% | $12,800,000 | ||
| 2022 | Saints | $1,035,000 | $11,993,588 | $200,000 | $1,035,000 | $13,228,588 | 6.4% | $15,800,000 | ||
| 2023 | Saints | $1,260,000 | $12,993,588 | $0 | $1,260,000 | $14,253,588 | 6.4% | $6,260,000 | ||
| 2024 | Saints | $1,210,000 | $8,993,588 | $0 | $0 | $10,203,588 | 4.0% | $4,950,000 | ||
| 2025 | Saints | $0 | $4,093,588 | $0 | $0 | $9,187,177 | 3.3% | $0 | ||
| 2026 | Saints | $0 | $4,093,589 | $0 | $0 | $0 | 0.0% | $0 | ||
| 2027 | Saints | $0 | $1,000,000 | $0 | $0 | $0 | -- | $0 | ||
| Total | $9,201,086 | $63,990,829 | $400,000 | $7,075,724 | $73,591,915 | $76,428,974 | ||||
Statistics
| Year | Games Played | Games Inactive | Snaps | Rushing | Receiving | Fumbles | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Injured | Healthy | Offense | Special | Att | Yards | Avg | TD | Rec | Yards | Avg | TD | Total | Lost | ||
| 2016 | 15 | 1 | 0 | 75.3% | 1.0% | 0 | 0 | 0.0 | 0 | 92 | 1137 | 12.4 | 9 | 2 | 2 |
| 2017 | 15 | 0 | 0 | 75.3% | 1.2% | 0 | 0 | 0.0 | 0 | 98 | 1151 | 11.7 | 5 | 0 | 0 |
| 2018 | 15 | 0 | 0 | 82.1% | 1.2% | 0 | 0 | 0.0 | 0 | 125 | 1405 | 11.2 | 9 | 2 | 2 |
| 2019 | 16 | 0 | 0 | 88.6% | 1.4% | 1 | -9 | -9.0 | 0 | 149 | 1725 | 11.6 | 9 | 1 | 0 |
| 2020 | 7 | 6 | 0 | 32.1% | 0.0% | 1 | 1 | 1.0 | 0 | 40 | 438 | 11.0 | 0 | 0 | 0 |
| 2022 | 3 | 4 | 1 | 12.9% | 0.0% | 0 | 0 | 0.0 | 0 | 16 | 171 | 10.7 | 3 | 0 | 0 |
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 Valuation | APY | |
|---|---|---|
| Regular | $1,062,000 | $10,000,000 |
| Injury Adjusted | $4,469,083 | $7,500,000 |
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.
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