Mike Evans

Tampa Bay Buccaneers, Wide Receiver
Age: 30-257d (Aug 21, 1993)
Exp: 9 Years
Country: US
College: Texas A&M
Drafted: Round 1 (#7 overall), 2014
Agent(s): Mike McCartney, Darren Jones
2024 Cap Hit

$5,568,000

2024 Cash

$23,000,000

Career Earnings

$133,362,362

2024-2025 Extension (CURRENT)

Mike Evans signed a 2 year , $41,000,000 contract with the Tampa Bay Buccaneers, including $35,000,000 guaranteed, and an average annual salary of $20,500,000. In 2024, Evans will earn a base salary of $1,210,000 and a signing bonus of $21,790,000, while carrying a cap hit of $5,568,000 and a dead cap value of $29,000,000.

Contract Terms:
2 yr(s) / $41,000,000
Average Salary:
$20,500,000
Signing Bonus:
N/A
GTD at Sign:
$29,000,000
Total GTD:
$35,000,000
Free Agent:
2026 / UFA
Year Age Base P5 SalarySalary Signing Proration Cap Hit Cap % League Cap Dead Cap
2024 31 $1,210,000 $4,358,000 $5,568,000 2.18% $29,000,000
POTENTIAL OUT: 2025, 1 YR, $29,000,000; $29,432,000 DEAD CAP
2025 32 $18,000,000 $4,358,000 $22,358,000 8.18% $23,432,000
2026 33 - $4,358,000 $13,074,000 4.47% $13,074,000
2027 34 - $4,358,000 $4,358,000 1.39% -
2028 35 - $4,358,000 $4,358,000 1.30% -
2026 36
UFA
Year Age Status Base P5 Salary Signing Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 31 $1,210,000 $21,790,000 $23,000,000 $23,000,000 $23,000,000 $20,500,000
2025 32 $18,000,000 - $18,000,000 $41,000,000 $20,500,000 $18,000,000
2026 33
Void
- - - - - -
2027 34
Void
- - - - - -
2028 35
Void
- - - - - -
Contract Notes
  • $29M fully guaranteed at signing (2024 compensation + $6M of 2025 salary)
  • 2024 Roster Bonus: $21.79M (fully guaranteed, treated as signing bonus)
    $10M paid out March 18th, $11.79M paid out April 4th
  • Additional $6M of 2025 salary guaranteed for injury at signing, fully guarantees the 5th league day of 2025
  • Annual Incentive: $2M for Top 10 Receiving in catches, yards, & touchdowns
  • 2025 Escalator: $3M for 70 catches, 1,000 REC Yds, 10 TDs
  • $500,000 per playoff win (65% regular season snaps)
  • 2026-2028 years automatically void the final day of the 2025 league year
Source: NFL contract specifics generally collected from verified reports.

2018-2023 Extension

Mike Evans signed a 5 year , $82,500,000 contract with the Tampa Bay Buccaneers, including $55,008,000 guaranteed, and an average annual salary of $16,500,000. In 2024, Evans will earn, while carrying a cap hit of $12,198,000 and a dead cap value of $12,198,000.

Contract Terms:
5 yr(s) / $82,500,000
Average Salary:
$16,500,000
Signing Bonus:
N/A
GTD at Sign:
$38,258,000
Total GTD:
$55,008,000
Free Agent:
2024 / UFA
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2014-2018 Rookie

Mike Evans signed a 4 year , $14,631,502 contract with the Tampa Bay Buccaneers, including $8,961,092 signing bonus, $14,631,502 guaranteed, and an average annual salary of $3,657,876.

Contract Terms:
4 yr(s) / $14,631,502
Average Salary:
$3,657,876
Signing Bonus:
$8,961,092
GTD at Sign:
$14,631,502
Total GTD:
$14,631,502
Free Agent:
2019 / UFA
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Career Earnings thru 2024

$133,362,362

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2014 21
Active
$9,381,092
$9,381,092
2015 22
Active
$1,120,154
$10,501,246
2016 23
Active
$1,750,137
$12,251,383
2017 24
Active
$2,415,205
$14,666,588
2018 25
Active
$18,258,000
$32,924,588
2019 26
Injured
$20,000,000
$52,924,588
2020 27
Active
$16,750,000
$69,674,588
Champion
2021 28
Active
$12,250,000
$81,924,588
2022 29
Active
$13,937,774
$95,862,362
2023 30
Active
$14,500,000
$110,362,362
Nfc Pro Bowl:WR All NFL (2nd)
2024 31
Active
$23,000,000
$133,362,362
Total      
$133,362,362
$133,362,362
2025 32
Active
$18,000,000
$151,362,362
Total
$151,362,362
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2014
21
$420,000
$8,961,092
$9,381,092
$9,381,092
2015
22
$510,000
$575,068
$35,086
$1,120,154
$10,501,246
2016
23
$600,000
$1,150,137
$1,750,137
$12,251,383
2017
24
$690,000
$1,725,205
$2,415,205
$14,666,588
2018
25
$8,258,000
$10,000,000
$18,258,000
$32,924,588
2019
26
$11,000,000
$6,000,000
$3,000,000
$20,000,000
$52,924,588
2020
27
$4,000,000
$12,750,000
$16,750,000
$69,674,588
2021
28
$1,075,000
$11,175,000
$12,250,000
$81,924,588
2022
29
$1,057,774
$12,880,000
$13,937,774
$95,862,362
2023
30
$13,000,000
$1,500,000
$14,500,000
$110,362,362
2024
31
$1,210,000
$21,790,000
$23,000,000
$133,362,362
Total
$41,820,774
$30,751,092
$42,805,000
$17,950,410
$35,086
$133,362,362
$133,362,362
2025
32
$18,000,000
$18,000,000
$151,362,362
Total
$59,820,774
$30,751,092
$42,805,000
$17,950,410
$35,086
$151,362,362

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
10 $40,610,774 $8,961,092 $17,950,410 $42,805,000 - $35,086 $110,362,362
  • Mar 04, 2024 Signed a 2 year $41 million contract extension with Tampa Bay (TB)
  • Sep 19, 2022 Suspended 1 game for unsportsmanlike conduct against New Orleans, forfeiting $62,222 in 2022 salary with Tampa Bay (TB)
  • Mar 17, 2022 Converted $12.88M of 2022 salary into signing bonus, adding another void year, freeing up $10.304M of cap space with Tampa Bay (TB)
  • Sep 01, 2021 Converted $11.1M of 2021 salary into bonus, clearing $8.94M of cap with Tampa Bay (TB)
  • Sep 05, 2020 Converted $12.75 million of his 2020 salary into bonus, clearing $9.565M of 2020 cap with Tampa Bay (TB)
  • Sep 05, 2019 Converted an additional $2M of 2019 salary into bonus, clearing $1.6M of cap space with Tampa Bay (TB)
  • Jun 18, 2019 Converted $4M of 2019 salary into bonus, clearing $3.2M of cap with Tampa Bay (TB)
  • Mar 09, 2018 Signed a 5 year $82.5 million contract extension with Tampa Bay (TB)
  • Nov 06, 2017 Suspended 1 game for unsportsmanlike conduct (taunting, shoving) against Marshon Lattimore (NO), forfeiting $40,588 in 2017 salary with Tampa Bay (TB)
  • Apr 17, 2017 Tampa Bay (TB) exercised a $13.258 million 5th-year option for 2018
  • Jun 12, 2014 Signed a 4 year $14.63 million contract with Tampa Bay (TB)
  • May 08, 2014 Drafted by Tampa Bay (TB): Round 1 (#7 overall)
Year Team GP GS Snaps Snaps% Receiving Receptions Receiving Yards Receiving Touchdowns Fum
2023 TB 17 16 807 77.70 79 1,255 13 0
2022 TB 15 15 931 80.90 77 1,124 6 0
2021 TB 16 16 915 77.30 74 1,035 14 0
2020 TB 16 15 857 79.80 70 1,006 13 0
2019 TB 13 13 810 78.30 67 1,157 8 0
2018 TB 16 16 940 84.20 86 1,524 8 2
2017 TB 15 15 884 80.80 71 1,001 5 1
2016 TB 16 16 950 83.60 96 1,321 12 0
2015 TB 15 14 859 78.40 74 1,206 3 1
2014 TB 15 15 769 77.40 68 1,051 12 0

Calculated Market Value

Market Value

  • 3 years, $69,331,701
  • Avg. Salary: $23,110,567
  • NFL Rank: 49
  • WR Rank: 10

Current Contract

  • Free Agent: 2026
  • Avg. Salary: $20,500,000
  • NFL Rank: 68
  • WR Rank: 16

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Mike Evans to.

Player Length Value Avg. Salary Age When Signed
Tyreek Hill 4 $120,000,000 $30,000,000 27
Davante Adams 5 $140,000,000 $28,000,000 29
Cooper Kupp 3 $80,100,000 $26,700,000 28
Stefon Diggs 4 $96,000,000 $24,000,000 28
Averages 4 $109,025,000 $27,175,000 28.0

Base Calculated Value

After adjusting the above contracts as if signed at Evans's current age (30), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $54,609,090 $27,304,545

Statistical Comparisons

Now we'll compare our variables and Evans statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Rec Tgt/Gm, Rec/Gm, Rec Yds/Gm, Rec TD/Gm, YAC/GM, Drops/Gm, Rating

Player GP% Rec Tgt/Gm Rec/Gm Rec Yds/Gm Rec TD/Gm YAC/GM Drops/Gm Rating
Tyreek Hill
2020-2021
96.97 9.19 6.19 78.59 0.75 27.34 0.59 84.15
Davante Adams
2020-2021
90.91 10.57 7.93 97.57 0.97 41.41 0.17 92.50
Cooper Kupp
2020-2021
96.97 9.84 7.41 91.28 0.59 43.56 0.38 86.55
Stefon Diggs
2020-2021
100.00 10.03 6.97 83.64 0.55 23.78 0.34 85.70
Average 96.21 9.91 7.13 87.77 0.72 34.02 0.37 87.23
Mike Evans
2022-2023
96.97 8.22 4.88 74.34 0.59 17.50 0.28 77.75
Pct Change 0.79 -17.05 -31.56 -15.30 -18.06 -48.56 24.32 -10.87
Median Prime % Change -16.18%
Average Prime % Change -14.54%

Calculated Market Value: Mike Evans

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
3 years, $69,331,701 $23,110,567
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