Mike Evans

Wide Receiver

Age: 31
Free Agency: 2026 (Void)
Accrued Seasons: 10
  • 2024 Salary Cap Charge: $5,568,000 (2.21% of cap)
  • 2024 Cash Payout: $23,000,000 (10.38% of spending)
  • 2024 Cash to Cap Ratio: 4.13
  • Contract Value: $41,000,000 ($20,500,000 APY)
  • Fully Guaranteed Money: $29,000,000
  • Contract Ranking: 14/303 at WR

Current Contract

(UFA, signed 2024)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated Signing BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
2024 📝
April 4: $11.79 million roster bonus due
31$1,210,000$4,358,000$1,210,000$5,568,0002.2%
2025 📝
March 18: $6 million injury guarantee vests to full guarantee
32$18,000,000$4,358,000$6,000,000$22,358,0008.6%
2026 📝
March 12: Contract voids
33Void$4,358,000Void$13,074,0004.6%
202734Void$4,358,000Void$00.0%
202835Void$4,358,000Void$0--
Total$23,245,000$21,790,000$7,210,000$41,000,000

Contract Notes

Mike Evans signed a two year contract with the Tampa Bay Buccaneers worth base value of $41 million with $29 million fully guaranteed, and a total guarantee of $35 million. Evans has a full guaranteed salary in 2024, and is due two roster bonuses in 2024. First roster bonus is due on March 18 worth $10 million, and the second roster bonus is due on April 4 worth $11.79 million. Evans has a $6 million guarantee in 2025 at signing with another $6 million vesting on the 5th day of the 2025 league year. An additional $11 million is available through performance incentives and escalators. The contract voids on the last day of the 2025 league year.

Cash Flows

- fully earned money
- unearned or partially earned money
$20.5M
$41M
20242025
Cash Due$23,000,000$18,000,000
Running Cash$23,000,000$41,000,000
Career Earnings: $132,076,692
Career APY: $13,207,669
Potential Earnings: $151,286,692
Total Guarantees: $81,889,052
Largest Cash Payment: $23,000,000 (2024)
Largest Cap Number: $23,698,500 (2023)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
BuccaneersDraftedRenegotiated20144$14,631,052$3,657,763$14,631,052$14,590,91499.7%$3,647,729
BuccaneersExtensionExpired20185$82,500,000$16,500,000$38,258,000$95,695,778116.0%$15,949,296
BuccaneersUFAActive20242$41,000,000$20,500,000$29,000,000$21,790,00053.1%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Buccaneers10$132,076,692$13,207,669$98,088,6920.0%$12,198,0000.0%

Season History

YearTeamBase SalaryProrated BonusRoster BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2014Buccaneers$420,000$2,240,273$0$420,000$2,660,2731.9%$9,381,092
2015Buccaneers$510,000$2,240,273$575,068$1,085,068$3,325,3412.3%$1,085,068
2016Buccaneers$600,000$2,240,273$1,150,137$1,750,137$3,990,4102.5%$1,750,137
2017Buccaneers$690,000$2,240,273$1,725,205$2,415,205$4,614,8902.7%$2,374,617
2018Buccaneers$8,258,000$0$10,000,000$18,258,000$18,258,0009.4%$18,258,000
2019Buccaneers$11,000,000$1,200,000$3,000,000$14,000,000$15,200,0007.8%$20,000,000
2020Buccaneers$4,000,000$4,387,500$0$4,000,000$8,387,5004.1%$16,750,000
2021Buccaneers$1,075,000$6,622,500$0$0$7,697,5004.2%$12,250,000
2022Buccaneers$1,120,000$9,198,500$0$0$10,256,2785.0%$13,937,778
2023Buccaneers$13,000,000$9,198,500$1,500,000$0$23,698,50010.4%$14,500,000
2024Buccaneers$1,210,000$4,358,000$0$1,210,000$5,568,0002.2%$23,000,000
2025Buccaneers$18,000,000$4,358,000$0$6,000,000$22,358,0008.6%$18,000,000
2026Buccaneers$1,300,000$4,358,000$0$0$13,074,0004.6%$0
2027Buccaneers$1,345,000$4,358,000$0$0$00.0%$0
2028Buccaneers$1,390,000$4,358,000$0$0$0--$0
Total$63,918,000$61,358,092$17,950,410$49,138,410$139,088,692$151,286,692
Dead Money History
TeamYearCap ChargeCash Paid
Buccaneers2024$12,198,000$0
Total$12,198,000$0

Statistics

YearGames PlayedGames InactiveSnapsRushingReceivingFumbles
InjuredHealthyOffenseSpecialAttYardsAvgTDRecYardsAvgTDTotalLost
2014151077.4%0.0%000.0068105115.51200
2015151078.8%0.9%000.0074120616.3311
2016160083.5%0.2%000.0096132113.81200
2017140080.6%0.0%000.006694614.3510
2018160084.2%0.7%000.0086152417.7821
2019133069.8%0.2%000.0067115717.3800
2020160079.8%0.2%000.0070100614.41300
2021161077.3%0.0%11010.0074103514.01400
2022150076.2%0.9%000.0077112414.6600
2023170078.2%0.2%000.0079125515.91300

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$16,883,000$20,500,000
Injury Adjusted$16,883,000$20,500,000
test
OTC Valuation $4.3M $8.7M $13M $17.4M $21.7M APY $5M $10M $15M $20M $25M $9,208,000 $6,000,000

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.