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: 3.67%
  • 2018 Cash to Cap Ratio: 2.25
  • Total Contract Value: $15,600,000
  • Annual Contract Value: $3,900,000
  • Position Ranking: 0/16 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

YearAgeBase Salary (Guaranteed)BonusesCap
Number
Cap %
Dead Money & Cap Savings
ProratedRosterWorkoutOther
201832$918,000 $918,000$1,700,000$0$32,000$0$2,650,0001.5%
201933$2,950,000 $3,200,000$1,000,000$250,000$50,000$0$4,250,0002.2%
202034$2,950,000$1,000,000$300,000$50,000$0$4,300,0002.2%
202135$3,150,000$1,000,000$300,000$50,000$0$4,500,000--
202236$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

TeamContract TypeStatusYear SignedYrsTotalAPYAmount Earned% EarnedEffective APY
SaintsExtensionRenegotiated20126$21,885,000$3,647,500$20,260,00092.6%$3,376,667
SaintsExtensionActive20184$15,600,000$3,900,000$5,000,00032.1%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Saints6$25,260,000$4,210,000$18,351,2500.0%$00.0%

Salary Cap History    

YearTeamBase Salary (Guaranteed)BonusesCap
Number
Cap %Cash Due
ProratedRosterWorkoutOther
2012Saints$1,275,000$741,250$0$0$0$2,016,2501.7%$6,025,000
2013Saints$900,000 $900,000$950,000$0$100,000$0$1,950,0001.6%$2,250,000
2014Saints$2,185,000$950,000$0$100,000$0$3,235,0002.4%$2,285,000
2015Saints$2,350,000$950,000$0$100,000$0$3,400,0002.4%$2,450,000
2016Saints$900,000$1,650,000$400,000$100,000$0$3,050,0002.0%$3,500,000
2017Saints$3,150,000$950,000$500,000$100,000$0$4,700,0002.8%$3,750,000
2018Saints$918,000 $918,000$1,700,000$0$32,000$0$2,650,0001.5%$5,950,000
2019Saints$2,950,000 $3,200,000$1,000,000$250,000$50,000$0$4,250,0002.2%$3,250,000
2020Saints$2,950,000$1,000,000$300,000$50,000$0$4,300,0002.2%$3,300,000
2021Saints$3,150,000$1,000,000$300,000$50,000$0$4,500,000--$3,500,000
2022Saints$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

YearGames PlayedSnaps
Special
20121626.0%
20131633.0%
20141631.1%
20151425.0%
20161630.2%
20171630.5%
2018529.6%

Financial Reports

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