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Current Contract
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 2023, Pittman Jr. will earn a base salary of $2,993,000, while carrying a cap hit of $3,948,973 and a dead cap value of $955,973.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 Bonus Breakdown Cap Details Cash Details Year Age Base Salary Signing Cap Hit Dead Cap Yearly Cash Cash AAV 2020 23 $560,588 $955,973 $1,516,561 $5,825,385 $4,611,703($4,611,703) $4,611,703 Pre-6/1 Release 2020 Dead Cap: $5,825,385 2020 Cap Savings: $-4,308,824 Pre-6/1 Trade 2020 Dead Cap: $3,823,892 2020 Cap Savings: $-2,307,331 Post-6/1 Release 2020 Dead Cap: $2,957,466 2021 Dead Cap: $2,867,919 2020 Cap Savings: $-1,440,905 Post-6/1 Trade 2020 Dead Cap: $955,973 2021 Dead Cap: $2,867,919 2020 Cap Savings: $560,588 2021 24 $1,001,493 $955,973 $1,957,466 $4,869,412 $1,001,493($5,613,196) $2,806,598 Pre-6/1 Release 2021 Dead Cap: $4,869,412 2021 Cap Savings: $-2,911,946 Pre-6/1 Trade 2021 Dead Cap: $2,867,919 2021 Cap Savings: $-910,453 Post-6/1 Release 2021 Dead Cap: $2,957,466 2022 Dead Cap: $1,911,946 2021 Cap Savings: $-1,000,000 Post-6/1 Trade 2021 Dead Cap: $955,973 2022 Dead Cap: $1,911,946 2021 Cap Savings: $1,001,493 2022 25 $1,392,986 $955,973 $2,348,959 $2,911,946 $1,392,986($7,006,182) $2,335,394 Pre-6/1 Release 2022 Dead Cap: $2,911,946 2022 Cap Savings: $-562,987 Pre-6/1 Trade 2022 Dead Cap: $1,911,946 2022 Cap Savings: $437,013 Post-6/1 Release 2022 Dead Cap: $1,955,973 2023 Dead Cap: $955,973 2022 Cap Savings: $392,986 Post-6/1 Trade 2022 Dead Cap: $955,973 2023 Dead Cap: $955,973 2022 Cap Savings: $1,392,986 2023 26 $2,993,000 $955,973 $3,948,973 $955,973 $2,993,000($9,999,182) $2,499,796 Pre-6/1 Release 2023 Dead Cap: $955,973 2023 Cap Savings: $2,993,000 Pre-6/1 Trade 2023 Dead Cap: $955,973 2023 Cap Savings: $2,993,000 Post-6/1 Release 2023 Dead Cap: $955,973 2024 Dead Cap: $0 2023 Cap Savings: $2,993,000 Post-6/1 Trade 2023 Dead Cap: $955,973 2024 Dead Cap: $0 2023 Cap Savings: $2,993,000 2024 27 UFA Contract Notes:- $5.825M guaranteed (signing bonus + 2021 salary + $1M of 2022 salary)
- 2023: Proven Performance Escalator
Sources: NFL contract specifics generally collected from verified reports. -
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 3 seasons $2,955,067 $3,823,892 - - - - $227,223 $7,006,182 2023 $2,993,000 - - - - - - $2,993,000 $5,948,067 $3,823,892 - - - - $227,223 $9,999,182 Seasons Team Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Total Cash 3 seasons $2,955,067 $3,823,892 - - - - $227,223 $7,006,182 -
Transactions
Jun 15 2020Signed a 4 year $8.61 million contract with Indianapolis (IND)Apr 24 2020Drafted by Indianapolis (IND): Round 2 (#34 overall) -
2023 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 2022 IND 15 15 14 993 97.9 136 96 895 9.3 59.67 3 2 5 108.5 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 45 45 39 2,672 - 326 224 2,480 11.1 55.11 10 3 13 318.00 -
Calculated Market Value
Market Value
- 4 yrs, $73,672,416
- Avg. Salary: $18,418,104
- NFL Rank: 58
- WR Rank: 17
Current Contract
- Free Agent: 2024
- Avg. Salary: $2,153,213
- NFL Rank: 563
- WR Rank: 73
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 Brandin Cooks 2 $39,764,000 $19,882,000 28 Robbie Anderson 2 $29,500,000 $14,750,000 28 Terry McLaurin 3 $68,364,000 $22,788,000 26 Christian Kirk 4 $72,000,000 $18,000,000 25 Averages 2.8 $52,407,000 $19,057,091 26.8
Base Calculated Value
After adjusting the above contracts as if signed at Pittman Jr.'s current age (25), a linear regression is performed, providing us with the following initial value.
Length Value Avg. Salary 5 $92,585,855 $18,517,171
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 Brandin Cooks 2020-2021, HOU 93.94 8.16 5.52 70.55 0.39 4.25 0.26 77.75 Robbie Anderson 2020-2021, CAR 100 7.45 4.48 48.94 0.24 4.25 0.27 68.15 Terry McLaurin 2020-2021, WAS 96.97 8.25 5.13 67.84 0.28 5.1 0.16 78.1 Christian Kirk 2020-2021, JAC 93.94 5.87 4.03 51.71 0.35 3.45 0.26 67.5 Average 96.21 7.43 4.79 59.76 0.32 4.26 0.24 72.88 Michael Pittman Jr. 2021-2022 94.12 8.28 5.75 61.78 0.28 3.7 0.28 74.3 % Change -2.17% 11.44% 20.04% 3.38% -12.50% -13.15% -16.67% 1.95% Median Prime % Change -0.11% Average Prime % Change -0.96%
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, $73,672,416 $18,418,104