Thomas Morstead

Punter

  • 2018 Salary Cap Charge: $2,650,000
  • % of 2018 Team Cap: 1.48%
  • 2018 Cash Payout: $5,950,000
  • % of 2018 Team Cash Spending: 3.65%
  • 2018 Cash to Cap Ratio: 2.25
  • Total Contract Value: $15,600,000
  • Annual Contract Value: $3,900,000
  • Position Ranking: 0/15 at P
  • Fully Guaranteed Money: $9,118,000
  • Age: 32
  • Height: 6' 4"
  • Weight: 235
  • College: SMU
  • Accrued Seasons: 6
  • Entry: 2009 Draft, Round 5, #164 overall (Saints)
  • Year Signed: 2018
  • Contract Type: Extension
  • Free Agency: 2023 (UFA)

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

Year Age Base Salary (Guaranteed) Bonuses Cap
Number
Cap %
Dead Money & Cap Savings
Prorated Roster Workout Other
2018 32 $918,000 $918,000 $1,700,000 $0 $32,000 $0 $2,650,000 1.5%
2019 33 $2,950,000 $3,200,000 $1,000,000 $250,000 $50,000 $0 $4,250,000 2.2%
2020 34 $2,950,000 $1,000,000 $300,000 $50,000 $0 $4,300,000 2.2%
2021 35 $3,150,000 $1,000,000 $300,000 $50,000 $0 $4,500,000 --
2022 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 $0 $20,450,000
Embed This Contract
<iframe src="https://overthecap.com/contract-embed/1522/" width="600" height="336" frameborder="0" scrolling="no"></iframe>
Career Earnings: $25,260,000
Career APY: $4,210,000
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 $5,000,000 32.1% $0
Earnings By Team
Team Yrs Salary APY Paid on Cap % Paid on Cap Paid as Dead Money % Paid as Dead Money
Saints 6 $25,260,000 $4,210,000 $18,351,250 0.0% $0 0.0%

Salary Cap History    

Year Team Base Salary (Guaranteed) Bonuses Cap
Number
Cap % Cash Due
Prorated Roster Workout Other
2012 Saints $1,275,000 $741,250 $0 $0 $0 $2,016,250 1.7% $6,025,000
2013 Saints $900,000 $900,000 $950,000 $0 $100,000 $0 $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 $918,000 $1,700,000 $0 $32,000 $0 $2,650,000 1.5% $5,950,000
2019 Saints $2,950,000 $3,200,000 $1,000,000 $250,000 $50,000 $0 $4,250,000 2.2% $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 $0 $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 14 31.4%

Financial Reports

Yearly Cap Charge vs. Dead Money (pre-June 1 cut)
Positional Comparisons to League Average