Mike Evans

Wide Receiver

Age: 30
Free Agency: 2024 (Void)
Accrued Seasons: 9
  • 2023 Salary Cap Charge: $23,698,500 (10.46% of cap)
  • 2023 Cash Payout: $14,500,000 (6.85% of spending)
  • 2023 Cash to Cap Ratio: 0.61
  • Contract Value: $82,500,000 ($16,500,000 APY)
  • Fully Guaranteed Money: $38,258,000
  • Contract Ranking: 17/391 at WR

Current Contract

(Extension, signed 2018)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated BonusRoster BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
201825$8,258,000$0$10,000,000$18,258,000$18,258,0009.4%
2019 📝
March 17: $11.75 million of 2020 salary guaranteed for skill
26$11,000,000$1,200,000$3,000,000$14,000,000$15,200,0007.8%
2020 📝
March 22: Balance of salary guaranteed for skill
27$4,000,000$4,387,500$0$4,000,000$8,387,5004.1%
202128$1,075,000$6,622,500$0$0$7,697,5004.2%
202229$1,120,000$9,198,500$0$0$10,256,2785.0%
202330$13,000,000$9,198,500$1,500,000$0$23,698,50010.5%
202431Void$4,811,000VoidVoid$12,198,0004.8%
202532Void$4,811,000VoidVoid$00.0%
202633Void$2,576,000VoidVoid$00.0%
Total$38,453,000$42,805,000$14,500,000$36,258,000$95,695,778

Contract Notes

Mike Evans signed a 5 year, $82.5 million extension with the Buccaneers on March 12, 2018. Evans received $55 million in guarantees, $38.258 million of which is guaranteed at signing. Evans guarantee consists of a $10 million 2018 roster bonus, a $8.258 million 2018 salary, and $20 million 2019 salary. If Evans is on the roster on the 5th day of the 2019 league year, $11.75 million of his 2020 salary will vest from injury to fully guaranteed. The balance becomes fully guaranteed on the 5th day of the 2020 league year. If Evans is on the roster on the 5th day of the 2023 league year he will receive a $1.5 million roster bonus.

On June 14, 2019 the Buccaneers converted $4 million of Evans salary to a signing bonus. The move creates $3.2 million in 2019 salary cap space for the Buccaneers and increases his salary cap charge by $800,000 in each of the remaining years of his contract.

On September 4, 2019 the Buccaneers converted $2 million of Evans salary to a signing bonus, creating $1.6 million in 2019 cap space and increasing the remaining years of his contract by $400,000 each.

Per Greg Auman, Evans agreed to a restructure that is currently not official. We are estimating the Buccaneers did a maximum conversion and added two void years to the contract, creating $8.2 million in cap room. When the contract is official and we can confirm the numbers we will update accordingly.

Cash Flows

- old money
- fully earned money
- unearned or partially earned money
$16.5M
$33M
$49.5M
$66M
$82.5M
Old Money201820192020202120222023
Cash Due$62,222$5,000,000$20,000,000$16,750,000$12,250,000$13,937,778$14,500,000
Running Cash$5,062,222$25,062,222$41,812,222$54,062,222$68,000,000$82,500,000
Career Earnings: $95,786,692
Career APY: $10,642,966
Potential Earnings: $110,286,692
Total Guarantees: $52,889,052
Largest Cash Payment: $20,000,000 (2019)
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
BuccaneersExtensionActive20185$82,500,000$16,500,000$38,258,000$81,195,77898.4%$16,239,156
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Buccaneers9$95,786,692$10,642,966$74,390,1920.0%$00.0%

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$23,698,50010.5%$14,500,000
2024Buccaneers$0$4,811,000$0$0$12,198,0004.8%$0
2025Buccaneers$0$4,811,000$0$0$00.0%$0
2026Buccaneers$0$2,576,000$0$0$00.0%$0
Total$40,673,000$51,766,092$17,950,410$41,928,410$110,286,692$110,286,692

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

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$15,228,000$16,500,000
Injury Adjusted$15,228,000$16,500,000
test
OTC Valuation $4.5M $8.9M $13.4M $17.8M $22.3M APY $5M $10M $15M $20M $25M $9,108,000 $5,383,618

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.