Michael Thomas
Wide Receiver
- 2019 Salary Cap Charge: $6,128,765
- % of 2019 Team Cap: 3.23%
- 2019 Cash Payout: $21,648,043
- % of 2019 Team Cash Spending: 10.43%
- 2019 Cash to Cap Ratio: 3.53
- Total Contract Value: $96,250,000
- Annual Contract Value: $19,250,000
- Position Ranking: 1/386 at WR
- Fully Guaranteed Money: $35,648,043
- Age: 26
- Height: 6' 3"
- Weight: 212
- College: Ohio State
- Accrued Seasons: 3
- Entry: 2016 Draft, Round 2, #47 overall (Saints)
- Year Signed: 2019
- Contract Type: Extension
- Free Agency: 2025 (UFA)
Contract Notes
Michael Thomas signed a five year, $96.25 million extension with the Saints on July 31, 2019. The details of the contract come from PFT, so please credit them if using any details of the contract. Per PFT, Thomas received a $20 million signing bonus and $35.64 million fully guaranteed at signing. Thomas' 2019 and 2020 salaries are fully guaranteed as is $3 million of his 2021 salary. If on the roster on the 3rd day of the 2021 league year his salary will become guaranteed. On the 3rd day of the 2022 league year his salary will be guaranteed. There are fifth day of the league year roster bonuses in each of the last three years as well as per game roster bonuses in the final two contract years. The max value of the contract is $100 million if certain escalators are earned. Thomas' cap charge increased by $4.5 million in 2019 due to the extension.Current Contract
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Bonus | Roster Bonus | Per Game Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 26 | $1,648,043 | $4,480,722 | $0 | $0 | $0 | $1,648,043 | $6,128,765 | 3.3% | |||||
| 2020 | 27 | $11,000,000 | $4,000,000 | $0 | $0 | $0 | $11,000,000 | $15,000,000 | 7.5% | |||||
| 2021
March 15: Balance of salary fully guaranteed
| 28 | $12,600,000 | $4,000,000 | $0 | $0 | $200,000 | $3,000,000 | $16,800,000 | -- | |||||
| 2022
March 15: Salary becomes fully guaranteed March 17: Roster bonus due
| 29 | $15,350,000 | $4,000,000 | $250,000 | $0 | $200,000 | $0 | $19,800,000 | -- | |||||
| 2023
March 17: Roster bonus due
| 30 | $15,500,000 | $4,000,000 | $250,000 | $500,000 | $200,000 | $0 | $20,450,000 | -- | |||||
| 2024
March 17: Roster bonus due
| 31 | $18,500,000 | $0 | $250,000 | $750,000 | $200,000 | $0 | $19,700,000 | -- | |||||
| Total | $74,598,043 | $20,480,722 | $750,000 | $1,250,000 | $800,000 | $15,648,043 | $97,878,765 | |||||||
Career Earnings: $23,970,931
Career APY: $7,990,310
Potential Earnings: $101,368,974
Total Guarantees: $38,703,612
Largest Cash Payment: $21,648,043 (2019)
Largest Cap Hit: $20,450,000 (2023)
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 | Active | 2019 | 5 | $96,250,000 | $19,250,000 | $35,648,043 | $20,000,000 | 20.8% | $0 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Saints | 3 | $23,970,931 | $7,990,310 | $3,490,209 | 0.0% | $0 | 0.0% |
Salary Cap History
| Year | Team | Base Salary | Prorated Bonus | Roster Bonus | Per Game Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | Saints | $450,000 | $480,722 | $0 | $0 | $0 | $450,000 | $930,722 | 0.6% | $2,372,888 | ||
| 2017 | Saints | $682,681 | $480,722 | $0 | $0 | $0 | $682,681 | $1,163,403 | 0.7% | $682,681 | ||
| 2018 | Saints | $915,362 | $480,722 | $0 | $0 | $0 | $0 | $1,396,084 | 0.8% | $915,362 | ||
| 2019 | Saints | $1,648,043 | $4,480,722 | $0 | $0 | $0 | $1,648,043 | $6,128,765 | 3.3% | $21,648,043 | ||
| 2020 | Saints | $11,000,000 | $4,000,000 | $0 | $0 | $0 | $11,000,000 | $15,000,000 | 7.5% | $11,000,000 | ||
| 2021 | Saints | $12,600,000 | $4,000,000 | $0 | $0 | $200,000 | $3,000,000 | $16,800,000 | -- | $12,800,000 | ||
| 2022 | Saints | $15,350,000 | $4,000,000 | $250,000 | $0 | $200,000 | $0 | $19,800,000 | -- | $15,800,000 | ||
| 2023 | Saints | $15,500,000 | $4,000,000 | $250,000 | $500,000 | $200,000 | $0 | $20,450,000 | -- | $16,450,000 | ||
| 2024 | Saints | $18,500,000 | $0 | $250,000 | $750,000 | $200,000 | $0 | $19,700,000 | -- | $19,700,000 | ||
| Total | $76,646,086 | $21,922,888 | $750,000 | $1,250,000 | $800,000 | $16,780,724 | $101,368,974 | $101,368,974 | ||||
Statistics
| Year | Games Played | Snaps | Receiving | Rushing | Fumbles | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Offense | Special | Rec | Yards | Avg | TD | Att | Yards | Avg | TD | Total | Lost | ||
| 2016 | 15 | 75.3% | 1.0% | 92 | 1137 | 12.4 | 9 | 0 | 0 | 0.0 | 0 | 2 | 2 |
| 2017 | 15 | 75.3% | 1.2% | 98 | 1151 | 11.7 | 5 | 0 | 0 | 0.0 | 0 | 0 | 0 |
| 2018 | 15 | 82.1% | 1.2% | 125 | 1405 | 11.2 | 9 | 0 | 0 | 0.0 | 0 | 2 | 2 |