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Current Contract
Erik McCoy signed a 5 year, $60,000,000 contract with the New Orleans Saints, including a $8,000,000 signing bonus, $20,090,000 guaranteed, and an average annual salary of $12,000,000. In 2024, McCoy will earn a base salary of $1,125,000 and a restructure bonus of $8,975,000, while carrying a cap hit of $6,520,000 and a dead cap value of $22,900,000.Contract: 5 yr(s) / $60,000,000 Signing Bonus $8,000,000 Average Salary $12,000,000 Total Guarantees $20,090,000 Guaranteed at Signing $20,090,000 Free Agent: 2028 / UFA Bonus Breakdown Cap Details Cash Details Year Age Base Salary Signing Roster Restructure Cap Hit Dead Cap Yearly Cash Cash AAV 2022 25 $1,010,000 $2,212,378 - - $3,222,378 $20,702,378 $9,010,000($9,010,000) $9,010,000 Pre-6/1 Release 2022 Dead Cap: $20,702,378 2022 Cap Savings: $-17,480,000 Pre-6/1 Trade 2022 Dead Cap: $8,612,378 2022 Cap Savings: $-5,390,000 Post-6/1 Release 2022 Dead Cap: $14,302,378 2023 Dead Cap: $6,400,000 2022 Cap Savings: $-11,080,000 Post-6/1 Trade 2022 Dead Cap: $2,212,378 2023 Dead Cap: $6,400,000 2022 Cap Savings: $1,010,000 2023 26 $1,080,000 $1,600,000 - $2,000,000 $4,680,000 $17,480,000 $11,080,000($20,090,000) $10,045,000 Pre-6/1 Release 2023 Dead Cap: $17,480,000 2023 Cap Savings: $-12,800,000 Pre-6/1 Trade 2023 Dead Cap: $16,400,000 2023 Cap Savings: $-11,720,000 Post-6/1 Release 2023 Dead Cap: $4,680,000 2024 Dead Cap: $12,800,000 2023 Cap Savings: $0 Post-6/1 Trade 2023 Dead Cap: $3,600,000 2024 Dead Cap: $12,800,000 2023 Cap Savings: $1,080,000 Potential Out: 2024, 2 yr, $21,215,000; $24,025,000 dead cap
2024 27 $1,125,000 $1,600,000 - $3,795,000 $6,520,000 $22,900,000 $10,100,000($30,190,000) $10,063,333 Pre-6/1 Release 2024 Dead Cap: $22,900,000 2024 Cap Savings: $-16,380,000 Pre-6/1 Trade 2024 Dead Cap: $21,775,000 2024 Cap Savings: $-15,255,000 Post-6/1 Release 2024 Dead Cap: $6,520,000 2025 Dead Cap: $16,380,000 2024 Cap Savings: $0 Post-6/1 Trade 2024 Dead Cap: $5,395,000 2025 Dead Cap: $16,380,000 2024 Cap Savings: $1,125,000 2025 28 $9,600,000 $1,600,000 $500,000 $3,795,000 $15,495,000 $16,380,000 $10,100,000($40,290,000) $10,072,500 Pre-6/1 Release 2025 Dead Cap: $16,380,000 2025 Cap Savings: $-885,000 Pre-6/1 Trade 2025 Dead Cap: $16,380,000 2025 Cap Savings: $-885,000 Post-6/1 Release 2025 Dead Cap: $5,395,000 2026 Dead Cap: $10,985,000 2025 Cap Savings: $10,100,000 Post-6/1 Trade 2025 Dead Cap: $5,395,000 2026 Dead Cap: $10,985,000 2025 Cap Savings: $10,100,000 2026 29 $10,000,000 $1,600,000 $500,000 $3,795,000 $15,895,000 $10,985,000 $10,500,000($50,790,000) $10,158,000 Pre-6/1 Release 2026 Dead Cap: $10,985,000 2026 Cap Savings: $4,910,000 Pre-6/1 Trade 2026 Dead Cap: $10,985,000 2026 Cap Savings: $4,910,000 Post-6/1 Release 2026 Dead Cap: $5,395,000 2027 Dead Cap: $5,590,000 2026 Cap Savings: $10,500,000 Post-6/1 Trade 2026 Dead Cap: $5,395,000 2027 Dead Cap: $5,590,000 2026 Cap Savings: $10,500,000 2027 30 $10,500,000 - $1,500,000 $3,795,000 $15,795,000 $5,590,000 $12,000,000($62,790,000) $10,465,000 Pre-6/1 Release 2027 Dead Cap: $5,590,000 2027 Cap Savings: $10,205,000 Pre-6/1 Trade 2027 Dead Cap: $5,590,000 2027 Cap Savings: $10,205,000 Post-6/1 Release 2027 Dead Cap: $3,795,000 2028 Dead Cap: $1,795,000 2027 Cap Savings: $12,000,000 Post-6/1 Trade 2027 Dead Cap: $3,795,000 2028 Dead Cap: $1,795,000 2027 Cap Savings: $12,000,000 2028 31 - - - $1,795,000 $1,795,000 $1,795,000 - Pre-6/1 Release 2028 Dead Cap: $1,795,000 2028 Cap Savings: $0 Pre-6/1 Trade 2028 Dead Cap: $1,795,000 2028 Cap Savings: $0 Post-6/1 Release 2028 Dead Cap: $1,795,000 2029 Dead Cap: $0 2028 Cap Savings: $0 Post-6/1 Trade 2028 Dead Cap: $1,795,000 2029 Dead Cap: $0 2028 Cap Savings: $0 2028 32 UFA Contract Notes:- $20.09M guaranteed at signing (signing bonus + 2022 salary + 2023 salary + 2023 roster bonus)
- 2023 Roster Bonus: $10M (3/19/23, guaranteed)
- 2024 salary fully guarantees 3/16/2024
- 2024 Roster Bonus: $500,000 (3/16/2024)
- $2.81M of 2025 salary fully guarantees on the 3rd league day of 2025
- 2025 Roster Bonus: $500,000 (5th league day)
- 2026 Roster Bonus: $500,000 (5th league day)
- 2027 Roster Bonus: $1.5M (5th league day)
Sources: NFL contract specifics generally collected from verified reports.
Previous Contracts
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2019-2022Entry Level
Erik McCoy signed a 4 year, $6,077,748 contract with the New Orleans Saints, including a $2,449,512 signing bonus, $3,211,441 guaranteed, and an average annual salary of $1,519,437. In 2024, McCoy will earn a base salary of $1,125,000 and a restructure bonus of $8,975,000, while carrying a cap hit of $6,520,000 and a dead cap value of $22,900,000.Contract: 4 yr(s) / $6,077,748 Signing Bonus $2,449,512 Average Salary $1,519,437 Total Guarantees $3,211,441 Guaranteed at Signing $3,211,441 Free Agent: 2023 / UFA -
Estimated Career Earnings
Year Team Awards Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Earnings 2019 $495,000 $2,449,512 - - - - - $2,944,512 2020 $771,261 - - - - - - $771,261 2021 $1,048,690 - - - - - - $1,048,690 2022 $1,010,000 $8,000,000 - - - - - $9,010,000 2023 $1,080,000 - - - $10,000,000 - - $11,080,000 5 seasons $4,404,951 $10,449,512 - - $10,000,000 - - $24,854,463 2024 $1,125,000 - - - $8,975,000 - - $10,100,000 2025 $9,600,000 - $500,000 - - - - $10,100,000 2026 $10,000,000 - $500,000 - - - - $10,500,000 2027 $10,500,000 - $1,500,000 - - - - $12,000,000 $35,629,951 $10,449,512 $2,500,000 - $18,975,000 - - $67,554,463 Seasons Team Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Total Cash 5 seasons $4,404,951 $10,449,512 - - $10,000,000 - - $24,854,463 -
Transactions
Feb 22 2024Converted $8.475M of 2024 salary plus a $500,000 roster bonus into signing bonus, adding 1 void year, freeing up $7.18M of cap with New Orleans (NO)Feb 20 2023Converted a $10M roster bonus into signing bonus, clearing $8M of cap space with New Orleans (NO)Sep 8 2022Signed a 5 year $60 million contract extension with New Orleans (NO)May 10 2019Signed a 4 year $6 million contract with New Orleans (NO)Apr 26 2019Drafted by New Orleans (NO): Round 2 (#48 overall) -
2024 Player Rankings
A visual look at how Erik McCoy ranks across the league, conference, division, and team.
Cap Hit ($0) Rank NFL: # New Orleans Saints: # Center: #
Total Cash ($0) Rank NFL: # Center: #
Average Annual ($0) Rank NFL: # Center: # -
Statistics
Season Team GA GP GS Snaps Snaps% 2023 NO 16 16 16 1085 99.5 2022 NO 13 13 13 799 90.6 2021 NO 12 12 12 745 68.3 2020 NO 16 16 16 1073 99.7 2019 NO 16 16 16 1077 99.4 Totals 73 73 73 4,779 -