Michael Pittman Jr.
Colts, WR
Age: 26-203d Exp: 3 Years
Drafted: Round 2 (#34 overall), 2020
College: Southern California
Agent(s): David Mulugheta (Athletes First)
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Current Contract
Michael Pittman Jr. signed a 3 year, $70,000,000 contract with the Indianapolis Colts, including a $15,000,000 signing bonus, $46,000,000 guaranteed, and an average annual salary of $23,333,333. In 2024, Pittman Jr. will earn a base salary of $8,000,000, a signing bonus of $15,000,000 and a roster bonus of $5,000,000, while carrying a cap hit of $18,000,000 and a dead cap value of $41,000,000.Contract: 3 yr(s) / $70,000,000 Signing Bonus $15,000,000 Average Salary $23,333,333 Total Guarantees $46,000,000 Guaranteed at Signing $41,000,000 Free Agent: 2027 / UFA Bonus Breakdown Cap Details Cash Details Year Age Base Salary Signing Roster Cap Hit Dead Cap Yearly Cash Cash AAV 2024 27 $8,000,000 $5,000,000 $5,000,000 $18,000,000 $41,000,000 $28,000,000($28,000,000) $28,000,000 Pre-6/1 Release 2024 Dead Cap: $41,000,000 2024 Cap Savings: $-23,000,000 Pre-6/1 Trade 2024 Dead Cap: $15,000,000 2024 Cap Savings: $3,000,000 Post-6/1 Release 2024 Dead Cap: $31,000,000 2025 Dead Cap: $10,000,000 2024 Cap Savings: $-13,000,000 Post-6/1 Trade 2024 Dead Cap: $5,000,000 2025 Dead Cap: $10,000,000 2024 Cap Savings: $13,000,000 2025 28 $18,000,000 $5,000,000 - $23,000,000 $23,000,000 $18,000,000($46,000,000) $23,000,000 Pre-6/1 Release 2025 Dead Cap: $23,000,000 2025 Cap Savings: $0 Pre-6/1 Trade 2025 Dead Cap: $10,000,000 2025 Cap Savings: $13,000,000 Post-6/1 Release 2025 Dead Cap: $18,000,000 2026 Dead Cap: $5,000,000 2025 Cap Savings: $5,000,000 Post-6/1 Trade 2025 Dead Cap: $5,000,000 2026 Dead Cap: $5,000,000 2025 Cap Savings: $18,000,000 Potential Out: 2026, 2 yr, $46,000,000; $5,000,000 dead cap
2026 29 $22,000,000 $5,000,000 $2,000,000 $29,000,000 $5,000,000 $24,000,000($70,000,000) $23,333,333 Pre-6/1 Release 2026 Dead Cap: $5,000,000 2026 Cap Savings: $24,000,000 Pre-6/1 Trade 2026 Dead Cap: $5,000,000 2026 Cap Savings: $24,000,000 Post-6/1 Release 2026 Dead Cap: $5,000,000 2027 Dead Cap: $0 2026 Cap Savings: $24,000,000 Post-6/1 Trade 2026 Dead Cap: $5,000,000 2027 Dead Cap: $0 2026 Cap Savings: $24,000,000 2027 30 UFA Contract Notes:- $41M guaranteed at signing (signing bonus + 2024 salary/roster bonus + $13M of 2025 salary)
- Additional $5M of 2025 salary fully guarantees the 5th league day of 2025 (injury guaranteed at signing)
- 2027 Roster Bonus: $2M
Sources: NFL contract specifics generally collected from verified reports.
Previous Contracts
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2024-2024Franchise Tag
Michael Pittman Jr. signed a 1 year, $21,816,000 contract with the Indianapolis Colts, including an average annual salary of $21,816,000. In 2024, Pittman Jr. will earn a base salary of $8,000,000, a signing bonus of $15,000,000 and a roster bonus of $5,000,000, while carrying a cap hit of $18,000,000 and a dead cap value of $41,000,000.Contract: 1 yr(s) / $21,816,000 Signing Bonus - Average Salary $21,816,000 Total Guarantees - Guaranteed at Signing - Free Agent: 2025 / UFA
2020-2023Entry Level
Michael Pittman Jr. signed a 4 year, $8,612,850 contract with the Indianapolis Colts, including a $3,823,892 signing bonus, $5,825,385 guaranteed, and an average annual salary of $2,153,213. In 2024, Pittman Jr. will earn a base salary of $8,000,000, a signing bonus of $15,000,000 and a roster bonus of $5,000,000, while carrying a cap hit of $18,000,000 and a dead cap value of $41,000,000.Contract: 4 yr(s) / $8,612,850 Signing Bonus $3,823,892 Average Salary $2,153,213 Total Guarantees $5,825,385 Guaranteed at Signing $5,825,385 Free Agent: 2024 / UFA -
Estimated Career Earnings
Year Team Awards Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Earnings 2020 $560,588 $3,823,892 - - - - $227,223 $4,611,703 2021 $1,001,493 - - - - - - $1,001,493 2022 $1,392,986 - - - - - - $1,392,986 2023 $2,993,000 - - - - - - $2,993,000 4 seasons $5,948,067 $3,823,892 - - - - $227,223 $9,999,182 2024 $8,000,000 $15,000,000 $5,000,000 - - - - $28,000,000 2025 $18,000,000 - - - - - - $18,000,000 2026 $22,000,000 - $2,000,000 - - - - $24,000,000 $53,948,067 $18,823,892 $7,000,000 - - - $227,223 $79,999,182 Seasons Team Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Total Cash 4 seasons $5,948,067 $3,823,892 - - - - $227,223 $9,999,182 -
Fines
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10/27/2023, $10,927
Taunting against Cleveland (CLE)
TOTAL: $10,927
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Transactions
Mar 11 2024Signed a 3 year $70 million contract extension with Indianapolis (IND)Mar 5 2024Offered a 1 year $21.816 million franchise tag by Indianapolis (IND)Oct 27 2023Fined $10,927 Taunting against Cleveland (CLE)Jun 15 2020Signed a 4 year $8.61 million contract with Indianapolis (IND)Apr 24 2020Drafted by Indianapolis (IND): Round 2 (#34 overall) -
2024 Player Rankings
A visual look at how Michael Pittman Jr. ranks across the league, conference, division, and team.
Cap Hit ($0) Rank NFL: # Indianapolis Colts: # Wide Receiver: #
Total Cash ($0) Rank NFL: # Wide Receiver: #
Average Annual ($0) Rank NFL: # Wide Receiver: # -
Statistics
Season Team GA GP GS Snaps Snaps% Tgt Rec Rec Yds Yds/Rec Yds/Gm Rec TD Fum Drops Prod Pts 2023 IND 16 16 15 991 86.3 156 109 1152 10.6 72.00 4 2 5 141.2 2022 IND 16 16 16 1065 105.0 141 99 925 9.3 57.81 4 2 5 117.5 2021 IND 17 17 17 980 88.0 129 88 1082 12.3 63.65 6 1 5 150.6 2020 IND 13 13 8 699 64.1 61 40 503 12.6 38.69 1 0 3 58.9 Totals 62 62 56 3,735 - 487 336 3,662 10.9 59.06 15 5 18 468.20 -
Calculated Market Value
Market Value
- 4 yrs, $90,867,748
- Avg. Salary: $22,716,937
- NFL Rank: 43
- WR Rank: 9
Current Contract
- Free Agent: 2024
- Avg. Salary: $2,153,213
- NFL Rank: 725
- WR Rank: 82
Comparable Players
We've selected the following players based on their age, contract status, and statistical production to compare Michael Pittman Jr. to.
Player Length Value Avg. Salary Age When Signed Terry McLaurin 3 $68,364,000 $22,788,000 26 D.J. Moore 3 $61,884,000 $20,628,000 24 D.K. Metcalf 3 $72,000,000 $24,000,000 24 A.J. Brown 4 $100,000,000 $25,000,000 24 Averages 3.3 $75,562,000 $23,249,846 24.5
Base Calculated Value
After adjusting the above contracts as if signed at Pittman Jr.'s current age (26), a linear regression is performed, providing us with the following initial value.
Length Value Avg. Salary 2 $46,629,334 $23,314,667
Statistical Comparisons
Now we'll compare our variables and Pittman Jr. statistically over the two seasons prior to their signing. In this case we're analyzing: Games Played %, Receiving Targets, Receptions, Receiving Yards, Receiving Touchdowns, Yards After Catch, Dropped Passes, Rating
Player GP% Rec Tgt Rec/GM Rec Yds/GM Rec TD/GM YAC Dropped Rating Terry McLaurin 2020-2021, WAS 96.97 8.25 5.13 67.84 0.28 5.1 0.16 78.1 D.J. Moore 2020-2021, CAR 96.97 8.78 4.97 73.44 0.25 5.5 0.5 77.75 D.K. Metcalf 2020-2021, SEA 100 7.82 4.79 68.79 0.67 4.4 0.39 82.6 A.J. Brown 2020-2021, PHI 81.82 7.81 4.93 72 0.59 5.1 0.56 85.25 Average 93.94 8.17 4.96 70.52 0.45 5.03 0.40 80.93 Michael Pittman Jr. 2022-2023 90.91 9.53 6.67 66.77 0.23 4.15 0.3 74.45 % Change -3.23% 16.65% 34.48% -5.32% -48.89% -17.50% 25.00% -8.01% Median Prime % Change -4.28% Average Prime % Change -0.85%
Calculated Market Value: Michael Pittman Jr.
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 4 years, $90,867,748 $22,716,937