Michael Thomas

New Orleans Saints, Wide Receiver
Age: 31-63d (Mar 03, 1993)
Exp: 7 Years
Country: US
College: Ohio State
Drafted: Round 2 (#47 overall), 2016
Agent(s): Andrew Kessler, David Mulugheta (Athletes First)
2024 Cap Hit

$12,403,588

2024 Cash

$2,200,000

Career Earnings

$74,720,383

2023-2024 (CURRENT)

Michael Thomas signed a 1 year , $10,000,000 contract with the New Orleans Saints, including $5,000,000 signing bonus, $10,000,000 guaranteed, and an average annual salary of $10,000,000.

Contract Terms:
1 yr(s) / $10,000,000
Average Salary:
$10,000,000
Signing Bonus:
$5,000,000
GTD at Sign:
$10,000,000
Total GTD:
$10,000,000
Free Agent:
2025 / UFA
Year Age Base P5 SalarySalary Signing Proration Restructure Proration Roster Bonus Cap Hit Cap % League Cap Dead Cap
2023 30 $1,260,000 $5,180,588 $7,813,000 - $14,253,588 6.34% $36,174,352
2024 31 $1,210,000 $1,180,588 $7,813,000 $2,200,000 $12,403,588 4.86% $20,380,764
2025 32 - $1,180,588 $2,913,000 - $9,187,176 3.36% $9,187,176
2026 33 - $1,180,588 $2,913,000 - $4,093,588 1.40% -
2027 34 - $1,000,000 - - $1,000,000 0.32% -
2025 35
UFA
Year Age Status Base P5 Salary Signing Bonus Roster Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023 30
Injured
$1,260,000 $5,000,000 - $6,260,000 $6,260,000 $6,260,000 $4,230,000
2024 31
June 1st Cut
- - $2,200,000 $2,200,000 $8,460,000 $4,230,000 $2,200,000
2025 32
Void
- - - - - - -
2026 33
Void
- - - - - - -
2027 34
Void
- - - - - - -
Contract Notes
  • $10M guaranteed (signing bonus + 2023 salary + 2024 roster bonus)
  • 2024 Roster Bonus: $2.2M (guaranteed)
  • If Thomas is on the roster March 15th, 2024, $119M of future bonus becomes guaranteed
    $220,000 per game active 
  • 2025-2027 years automatically void
  • Receptions ($750,000)
    $250,000 each for 100, 110, 120

    Receiving Yards ($750,000)
    $250,000 each for 1000, 1150, 1300

    Receiving TDs ($250,000)
    $250,000 for 7

    Pro Bowl + Playoffs: $250,000
    All-Pro 1st Team: $500,000
    Offensive Player of the Year: $1M
    NFL MVP: $500,000
    Super Bowl MVP: $500,000
    Super Bowl Win + 110 catches or 1150 yards: $500,000
Source: NFL contract specifics generally collected from verified reports.

2019-2024 Extension

Michael Thomas signed a 5 year , $96,250,000 contract with the New Orleans Saints, including $20,000,000 signing bonus, $60,598,043 guaranteed, and an average annual salary of $19,250,000.

Contract Terms:
5 yr(s) / $96,250,000
Average Salary:
$19,250,000
Signing Bonus:
$20,000,000
GTD at Sign:
$35,648,043
Total GTD:
$60,598,043
Free Agent:
2025 / UFA
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2016-2019 Rookie

Michael Thomas signed a 4 year , $5,118,971 contract with the New Orleans Saints, including $1,922,888 signing bonus, $2,605,569 guaranteed, and an average annual salary of $1,279,743.

Contract Terms:
4 yr(s) / $5,118,971
Average Salary:
$1,279,743
Signing Bonus:
$1,922,888
GTD at Sign:
$2,605,569
Total GTD:
$2,605,569
Free Agent:
2020 / UFA
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Career Earnings thru 2024

$74,720,383

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2016 23
Active
$2,511,357
$2,511,357
2017 24
Active
$682,681
$3,194,038
2018 25
Active
$915,361
$4,109,399
2019 26
Active
$11,648,043
$15,757,442
OPOY
2020 27
Active
$21,000,000
$36,757,442
2021 28
Reserve
$12,800,000
$49,557,442
2022 29
Injured
$16,702,941
$66,260,383
2023 30
Injured
$6,260,000
$72,520,383
2024 31
Active / june-first
$2,200,000
$74,720,383
Total      
$74,720,383
$74,720,383
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2016
23
$450,000
$1,922,888
$138,469
$2,511,357
$2,511,357
2017
24
$682,681
$682,681
$3,194,038
2018
25
$915,361
$915,361
$4,109,399
2019
26
$1,648,043
$10,000,000
$11,648,043
$15,757,442
2020
27
$1,000,000
$10,000,000
$10,000,000
$21,000,000
$36,757,442
2021
28
$1,000,000
$11,600,000
$200,000
$12,800,000
$49,557,442
2022
29
$1,035,000
$902,941
$14,565,000
$200,000
$16,702,941
$66,260,383
2023
30
$1,260,000
$5,000,000
$6,260,000
$72,520,383
2024
31
$2,200,000
$2,200,000
$74,720,383
Total
$7,991,085
$27,825,829
$36,165,000
$2,200,000
$400,000
$138,469
$74,720,383
$74,720,383

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
8 $7,991,085 $27,825,829 - $36,165,000 $400,000 $138,469 $72,520,383
  • Mar 13, 2024 Designated a Post June 1st release by New Orleans (NO)
  • Mar 14, 2023 Signed a 1 year $10 million restructured contract extension with New Orleans (NO)
  • Jan 07, 2023 Reduced his 2023 salary from $15.5M to $1.165M, adding a $31.755M roster bonus to 2024 & a $902,941 signing bonus to 2022
  • Feb 26, 2022 Converted $14.3M of 2022 base salary & a $250,000 roster bonus into signing bonus, adding two void years, clearing $11.6M of cap space with New Orleans (NO)
  • Mar 12, 2021 Converted $11.61M of 2021 salary into bonus, clearing $8.7M of cap space with New Orleans (NO)
  • Oct 16, 2020 Fined $58,823 Conduct detrimental to the team
  • Mar 19, 2020 Converted $10M of 2020 salary into bonus, clearing $8 of cap space with New Orleans (NO)
  • Nov 15, 2019 Fined $10,527 Excessive Facemask against Atlanta (ATL)
  • Jul 31, 2019 Signed a 5 year $96.25 million contract extension with New Orleans (NO)
  • Nov 09, 2018 Fined $30,000 Using a prop in a celebration against Los Angeles (LAR)
  • May 09, 2016 Signed a 4 year $5.11 million contract with New Orleans (NO)
  • Apr 29, 2016 Drafted by New Orleans (NO): Round 2 (#47 overall)

Fines

Date Reason Fine Amount
Oct 12, 2018 Taunting against Washington (WAS) $10,026
Nov 09, 2018 Using a prop in a celebration against Los Angeles (LAR) $30,000
Nov 15, 2019 Excessive Facemask against Atlanta (ATL) $10,527
Oct 16, 2020 Conduct detrimental to the team $58,823
Year Team GP GS Snaps Snaps% Receiving Receptions Receiving Yards Receiving Touchdowns Fum
2023 NO 10 7 490 69.20 39 448 1 0
2022 NO 3 3 136 25.00 16 171 3 0
2020 NO 7 5 345 39.10 40 438 0 0
2019 NO 16 15 959 88.60 149 1,725 9 1
2018 NO 16 16 928 88.40 125 1,405 9 2
2017 NO 16 14 851 81.90 104 1,245 5 0
2016 NO 15 12 865 75.20 92 1,137 9 2
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