Erik McCoy

Age: 26-251d (Aug 27, 1997)
Exp: 3 Years
Country: US
College: Texas A&M
Drafted: Round 2 (#48 overall), 2019
Agent(s): Bill Johnson
2024 Cap Hit

$6,520,000

2024 Cash

$10,100,000

Career Earnings

$34,954,463

2022-2027 Extension (CURRENT)

Erik McCoy signed a 5 year , $60,000,000 contract with the New Orleans Saints, including $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 Terms:
5 yr(s) / $60,000,000
Average Salary:
$12,000,000
Signing Bonus:
$8,000,000
GTD at Sign:
$20,090,000
Total GTD:
$20,090,000
Free Agent:
2028 / UFA
Year Age Base P5 SalarySalary Signing Proration Restructure Proration Roster Bonus Cap Hit Cap % League Cap Dead Cap
2022 25 $1,010,000 $2,212,378 - - $3,222,378 1.55% $20,702,378
2023 26 $1,080,000 $1,600,000 $2,000,000 - $4,680,000 2.08% $17,480,000
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 2.55% $22,900,000
2025 28 $9,600,000 $1,600,000 $3,795,000 $500,000 $15,495,000 5.67% $16,380,000
2026 29 $10,000,000 $1,600,000 $3,795,000 $500,000 $15,895,000 5.44% $10,985,000
2027 30 $10,500,000 - $3,795,000 $1,500,000 $15,795,000 5.05% $5,590,000
2028 31 - - $1,795,000 - $1,795,000 0.54% $1,795,000
2028 32
UFA
Year Age Status Base P5 Salary Signing Bonus Restructure Bonus Roster Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2022 25 $1,010,000 $8,000,000 - - $9,010,000 $9,010,000 $9,010,000 $10,465,000
2023 26 $1,080,000 - $10,000,000 - $11,080,000 $20,090,000 $10,045,000 $10,756,000
2024 27 $1,125,000 - $8,975,000 - $10,100,000 $30,190,000 $10,063,333 $10,675,000
2025 28 $9,600,000 - - $500,000 $10,100,000 $40,290,000 $10,072,500 $10,866,667
2026 29 $10,000,000 - - $500,000 $10,500,000 $50,790,000 $10,158,000 $11,250,000
2027 30 $10,500,000 - - $1,500,000 $12,000,000 $62,790,000 $10,465,000 $12,000,000
2028 31
Void
- - - - - - - -
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)
Source: NFL contract specifics generally collected from verified reports.

2019-2022 Rookie

Erik McCoy signed a 4 year , $6,077,748 contract with the New Orleans Saints, including $2,449,512 signing bonus, $3,211,441 guaranteed, and an average annual salary of $1,519,437.

Contract Terms:
4 yr(s) / $6,077,748
Average Salary:
$1,519,437
Signing Bonus:
$2,449,512
GTD at Sign:
$3,211,441
Total GTD:
$3,211,441
Free Agent:
2023 / UFA
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Career Earnings thru 2024

$34,954,463

Career Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2019 22
Active
$2,944,512
$2,944,512
2020 23
Active
$771,261
$3,715,773
2021 24
Active
$1,048,690
$4,764,463
2022 25
Active
$9,010,000
$13,774,463
2023 26
Active
$11,080,000
$24,854,463
2024 27
Active
$10,100,000
$34,954,463
Total      
$34,954,463
$34,954,463
2025 28
Active
$10,100,000
$45,054,463
2026 29
Active
$10,500,000
$55,554,463
2027 30
Active
$12,000,000
$67,554,463
Total
$67,554,463
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2019
22
$495,000
$2,449,512
$2,944,512
$2,944,512
2020
23
$771,261
$771,261
$3,715,773
2021
24
$1,048,690
$1,048,690
$4,764,463
2022
25
$1,010,000
$8,000,000
$9,010,000
$13,774,463
2023
26
$1,080,000
$10,000,000
$11,080,000
$24,854,463
2024
27
$1,125,000
$8,975,000
$10,100,000
$34,954,463
Total
$5,529,951
$10,449,512
$18,975,000
$34,954,463
$34,954,463
2025
28
$9,600,000
$500,000
$10,100,000
$45,054,463
2026
29
$10,000,000
$500,000
$10,500,000
$55,554,463
2027
30
$10,500,000
$1,500,000
$12,000,000
$67,554,463
Total
$35,629,951
$10,449,512
$18,975,000
$2,500,000
$67,554,463

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
5 $4,404,951 $10,449,512 - $10,000,000 - - $24,854,463
  • Feb 22, 2024 Converted $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, 2023 Converted a $10M roster bonus into signing bonus, clearing $8M of cap space with New Orleans (NO)
  • Sep 08, 2022 Signed a 5 year $60 million contract extension with New Orleans (NO)
  • May 10, 2019 Signed a 4 year $6 million contract with New Orleans (NO)
  • Apr 26, 2019 Drafted by New Orleans (NO): Round 2 (#48 overall)
Year Team GP GS Snaps Snaps%
2023 NO 16 16 1,085 99.50
2022 NO 13 13 799 96.00
2021 NO 12 12 745 68.30
2020 NO 16 16 1,073 99.70
2019 NO 16 16 1,077 99.40
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