Thomas Morstead
Punter
- 2019 Salary Cap Charge: $4,250,000
- % of 2019 Team Cap: 2.23%
- 2019 Cash Payout: $3,250,000
- % of 2019 Team Cash Spending: 1.68%
- 2019 Cash to Cap Ratio: 0.76
- Total Contract Value: $15,600,000
- Annual Contract Value: $3,900,000
- Position Ranking: 1/34 at P
- Fully Guaranteed Money: $9,118,000
- Age: 33
- Height: 6' 4"
- Weight: 235
- College: SMU
- Accrued Seasons: 7
- Entry: 2009 Draft, Round 5, #164 overall (Saints)
- Year Signed: 2018 (Extension)
- Free Agency: 2023 (UFA)
- 2019 OTC Valuation: $3,124,000
Contract Notes
Thomas Morstead signed a 4 year, $15.6 million contract extension with the Saints. Morstead received $9.118 million guaranteed. The guarantee includes his 2018 salary, a $5 million signing bonus, his 2019 salary and a 2019 roster bonus. He is due to earn roster bonuses on the 5th day of each league year. another $1 million in incentives are available.Current Contract
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Bonus | Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 | 32 | $918,000 | $1,700,000 | $0 | $32,000 | $918,000 | $2,650,000 | 1.5% | |||||
| 2019 | 33 | $2,950,000 | $1,000,000 | $250,000 | $50,000 | $3,200,000 | $4,250,000 | 2.3% | |||||
| 2020
March 20: $300,000 roster bonus is due
| 34 | $2,950,000 | $1,000,000 | $300,000 | $50,000 | $0 | $4,300,000 | 2.2% | |||||
| 2021
March 14: $300,000 roster bonus is due
| 35 | $3,150,000 | $1,000,000 | $300,000 | $50,000 | $0 | $4,500,000 | -- | |||||
| 2022
March 13: $550,000 roster bonus is due
| 36 | $3,150,000 | $1,000,000 | $550,000 | $50,000 | $0 | $4,750,000 | -- | |||||
| Total | $13,118,000 | $5,700,000 | $1,400,000 | $232,000 | $4,118,000 | $20,450,000 | |||||||
Career Earnings: $26,210,000
Career APY: $3,744,286
Potential Earnings: $40,010,000
Total Guarantees: $16,043,000
Largest Cash Payment: $6,025,000 (2012)
Largest Cap Hit: $4,750,000 (2022)
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Saints | Extension | Renegotiated | 2012 | 6 | $21,885,000 | $3,647,500 | $6,925,000 | $20,260,000 | 92.6% | $3,376,667 |
| Saints | Extension | Active | 2018 | 4 | $15,600,000 | $3,900,000 | $9,118,000 | $5,950,000 | 38.1% | $5,950,000 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Saints | 7 | $26,210,000 | $3,744,286 | $21,001,250 | 0.0% | $0 | 0.0% |
Salary Cap History
| Year | Team | Base Salary | Prorated Bonus | Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012 | Saints | $1,275,000 | $741,250 | $0 | $0 | $0 | $2,016,250 | 1.7% | $6,025,000 | ||
| 2013 | Saints | $900,000 | $950,000 | $0 | $100,000 | $900,000 | $1,950,000 | 1.6% | $2,250,000 | ||
| 2014 | Saints | $2,185,000 | $950,000 | $0 | $100,000 | $0 | $3,235,000 | 2.4% | $2,285,000 | ||
| 2015 | Saints | $2,350,000 | $950,000 | $0 | $100,000 | $0 | $3,400,000 | 2.4% | $2,450,000 | ||
| 2016 | Saints | $900,000 | $1,650,000 | $400,000 | $100,000 | $0 | $3,050,000 | 2.0% | $3,500,000 | ||
| 2017 | Saints | $3,150,000 | $950,000 | $500,000 | $100,000 | $0 | $4,700,000 | 2.8% | $3,750,000 | ||
| 2018 | Saints | $918,000 | $1,700,000 | $0 | $32,000 | $918,000 | $2,650,000 | 1.5% | $5,950,000 | ||
| 2019 | Saints | $2,950,000 | $1,000,000 | $250,000 | $50,000 | $3,200,000 | $4,250,000 | 2.3% | $3,250,000 | ||
| 2020 | Saints | $2,950,000 | $1,000,000 | $300,000 | $50,000 | $0 | $4,300,000 | 2.2% | $3,300,000 | ||
| 2021 | Saints | $3,150,000 | $1,000,000 | $300,000 | $50,000 | $0 | $4,500,000 | -- | $3,500,000 | ||
| 2022 | Saints | $3,150,000 | $1,000,000 | $550,000 | $50,000 | $0 | $4,750,000 | -- | $3,750,000 | ||
| Total | $23,878,000 | $11,891,250 | $2,300,000 | $732,000 | $5,018,000 | $38,801,250 | $40,010,000 | ||||
Statistics
| Year | Games Played | Snaps |
|---|---|---|
| Special | ||
| 2012 | 16 | 26.0% |
| 2013 | 16 | 33.0% |
| 2014 | 16 | 31.1% |
| 2015 | 14 | 25.0% |
| 2016 | 16 | 30.2% |
| 2017 | 16 | 30.5% |
| 2018 | 16 | 31.6% |
| 2019 | 12 | 29.7% |