Michael Thomas

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Saints, WR Age: 29-340d Exp: 7 Years
Drafted: Round 2 (#47 overall), 2016 College: Ohio State Agent(s): Andrew Kessler, David Mulugheta (Athletes First)
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  • Current Contract

    Michael Thomas signed a 5 year, $96,250,000 contract with the New Orleans Saints, including a $20,000,000 signing bonus, $60,598,043 guaranteed, and an average annual salary of $19,250,000. In 2023, Thomas will earn a base salary of $1,165,000, a roster bonus of $700,000 and a workout bonus of $200,000, while carrying a cap hit of $13,558,588 and a dead cap value of $26,174,352.

    Contract: 5 yr(s) / $96,250,000
    Signing Bonus $20,000,000
    Average Salary $19,250,000
    Total Guarantees $60,598,043
    Guaranteed at Signing $35,648,043
    Free Agent: 2025 / UFA
      Bonus Breakdown Cap Details Cash Details  
    Year   Age Base Salary Signing Roster Workout Restructure Cap Hit Dead Cap Yearly Cash
    2019 Contract details by year 26 $1,648,043 $4,480,722 - - - $6,128,765 $36,128,765 $11,648,043($11,648,043)
    Pre-6/1 Release 2019 Dead Cap: $36,128,765 2019 Cap Savings: $-30,000,000 Pre-6/1 Trade 2019 Dead Cap: $20,480,722 2019 Cap Savings: $-14,351,957 Post-6/1 Release 2019 Dead Cap: $20,128,765 2020 Dead Cap: $16,000,000 2019 Cap Savings: $-14,000,000 Post-6/1 Trade 2019 Dead Cap: $4,480,722 2020 Dead Cap: $16,000,000 2019 Cap Savings: $1,648,043
    2020 Contract details by year 27 $1,000,000 $4,000,000 - - $2,000,000 $7,000,000 $27,000,000 $21,000,000($32,648,043)
    Pre-6/1 Release 2020 Dead Cap: $27,000,000 2020 Cap Savings: $-20,000,000 Pre-6/1 Trade 2020 Dead Cap: $26,000,000 2020 Cap Savings: $-19,000,000 Post-6/1 Release 2020 Dead Cap: $7,000,000 2021 Dead Cap: $20,000,000 2020 Cap Savings: $0 Post-6/1 Trade 2020 Dead Cap: $6,000,000 2021 Dead Cap: $20,000,000 2020 Cap Savings: $1,000,000
    2021 Contract details by year 28 $1,000,000 $4,000,000 - $200,000 $4,900,000 $10,100,000 $32,800,000 $12,800,000($45,448,043)
    Pre-6/1 Release 2021 Dead Cap: $32,800,000 2021 Cap Savings: $-22,700,000 Pre-6/1 Trade 2021 Dead Cap: $31,800,000 2021 Cap Savings: $-21,700,000 Post-6/1 Release 2021 Dead Cap: $10,100,000 2022 Dead Cap: $22,700,000 2021 Cap Savings: $0 Post-6/1 Trade 2021 Dead Cap: $9,100,000 2022 Dead Cap: $22,700,000 2021 Cap Savings: $1,000,000
    2022 Contract details by year 29 $1,035,000 $4,180,588 - $200,000 $7,813,000 $13,228,588 $38,500,000 $16,702,941($62,150,984)
    Pre-6/1 Release 2022 Dead Cap: $38,500,000 2022 Cap Savings: $-25,271,412 Pre-6/1 Trade 2022 Dead Cap: $37,465,000 2022 Cap Savings: $-24,236,412 Post-6/1 Release 2022 Dead Cap: $13,048,000 2023 Dead Cap: $25,452,000 2022 Cap Savings: $180,588 Post-6/1 Trade 2022 Dead Cap: $12,013,000 2023 Dead Cap: $25,452,000 2022 Cap Savings: $1,215,588
    2023 Contract details by year 30 $1,165,000 $4,180,588 $200,000 $200,000 $7,813,000 $13,558,588 $26,174,352 $2,065,000($64,215,984)
    Pre-6/1 Release 2023 Dead Cap: $26,174,352 2023 Cap Savings: $-12,615,764 Pre-6/1 Trade 2023 Dead Cap: $26,174,352 2023 Cap Savings: $-12,615,764 Post-6/1 Release 2023 Dead Cap: $11,993,588 2024 Dead Cap: $14,180,764 2023 Cap Savings: $1,565,000 Post-6/1 Trade 2023 Dead Cap: $11,993,588 2024 Dead Cap: $14,180,764 2023 Cap Savings: $1,565,000
    2024 Contract details by year 31 $18,500,000 $180,588 $32,755,000 $200,000 $7,813,000 $59,448,588 $14,180,764 $51,455,000($115,670,984)
    Pre-6/1 Release 2024 Dead Cap: $14,180,764 2024 Cap Savings: $45,267,824 Pre-6/1 Trade 2024 Dead Cap: $14,180,764 2024 Cap Savings: $45,267,824 Post-6/1 Release 2024 Dead Cap: $7,993,588 2025 Dead Cap: $6,187,176 2024 Cap Savings: $51,455,000 Post-6/1 Trade 2024 Dead Cap: $7,993,588 2025 Dead Cap: $6,187,176 2024 Cap Savings: $51,455,000
    2025 Contract details by year 32 - $180,588 - - $2,913,000 $3,093,588 $6,187,176 -
    Pre-6/1 Release 2025 Dead Cap: $6,187,176 2025 Cap Savings: $-3,093,588 Pre-6/1 Trade 2025 Dead Cap: $6,187,176 2025 Cap Savings: $-3,093,588 Post-6/1 Release 2025 Dead Cap: $3,093,588 2026 Dead Cap: $3,093,588 2025 Cap Savings: $0 Post-6/1 Trade 2025 Dead Cap: $3,093,588 2026 Dead Cap: $3,093,588 2025 Cap Savings: $0
    2026 Contract details by year 33 - $180,588 - - $2,913,000 $3,093,588 $3,093,588 -
    Pre-6/1 Release 2026 Dead Cap: $3,093,588 2026 Cap Savings: $0 Pre-6/1 Trade 2026 Dead Cap: $3,093,588 2026 Cap Savings: $0 Post-6/1 Release 2026 Dead Cap: $3,093,588 2027 Dead Cap: $0 2026 Cap Savings: $0 Post-6/1 Trade 2026 Dead Cap: $3,093,588 2027 Dead Cap: $0 2026 Cap Savings: $0
    2025 Free Agent Year 34 UFA  
    Contract Notes:
    • $35.64M guaranteed at signing (signing bonus + 2019 salary + 2020 salary + $3M of 2021 salary)
    • Remaining $9.6M of 2021 salary fully guarantees on 3/19/2021 (guaranteed for injury now)
    • 2022 salary fully guarantees on 3/18/2022 (guaranteed for injury now)
    • 2022 Roster Bonus: $250,000 (3/20/2022, restructured)
    • 2023 Roster Bonus: $250,000 (3/19/2023)
    • 2023 Per Game Active Bonus: $29,411 ($500,000, 3 LTBE)
    • 2023 salary reduced from $15.5M to $1.165M
      $31.755M 2024 roster bonus added, becomes fully guaranteed 3/17/2023
    • 2024 Roster Bonus: $250,000 (5th league day of 2024)
    • 2024 Per Game Active Bonus: $44,117 ($750,000)
    • Annual Workout Bonus: $200,000
    • 2023/2024 Incentives 
      $375,000 each for 
      12 TDs
      1,400 receiving yards
      1,400 receiving yards + a playoff birth
      100 receptions
      100 receptions + a playoff berth

    Previous Contracts

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    2016-2019Entry Level

    Contract: 4 yr(s) / $5,118,971
    Signing Bonus $1,922,888
    Average Salary $1,279,743
    Total Guarantees $2,605,569
    Guaranteed at Signing $2,605,569
    Free Agent: 2020 / UFA
  • Estimated Career Earnings

    Year Team Awards Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Earnings
    2016 Player Cash Earnings $450,000 $1,922,888 - - - - $138,469 $2,511,357
    2017 Player Cash Earnings $682,681 - - - - - - $682,681
    2018 Player Cash Earnings $915,361 - - - - - - $915,361
    2019 Player Cash Earnings OPOY $1,648,043 $10,000,000 - - - - - $11,648,043
    2020 Player Cash Earnings $1,000,000 $10,000,000 - - $10,000,000 - - $21,000,000
    2021 Player Cash Earnings $1,000,000 - - $200,000 $11,600,000 - - $12,800,000
    2022 Player Cash Earnings $1,035,000 $902,941 - $200,000 $14,565,000 - - $16,702,941
    7 seasons $6,731,085 $22,825,829 - $400,000 $36,165,000 - $138,469 $66,260,383
    2023 Player Cash Earnings $1,165,000 - $700,000 $200,000 - - - $2,065,000
    2024 Player Cash Earnings $18,500,000 - $32,755,000 $200,000 - - - $51,455,000
    $26,396,085 $22,825,829 $33,455,000 $800,000 $36,165,000 - $138,469 $119,780,383
    Seasons Team Salary Signing Bonus Roster Bonus Workout Bonus Restructure Bonus Option Bonus Incentive Total Cash
    7 seasons Player Cash Earnings $6,731,085 $22,825,829 - $400,000 $36,165,000 - $138,469 $66,260,383
  • Fines

    • Player contract details by year 10/16/2020, $58,823

      Conduct detrimental to the team


    • Player contract details by year 11/15/2019, $10,527

      Excessive Facemask against Atlanta (ATL)


    • Player contract details by year 11/09/2018, $30,000

      Using a prop in a celebration against Los Angeles (LAR)


    • Player contract details by year 10/12/2018, $10,026

      Taunting against Washington (WAS)


    • TOTAL: $109,376

  • Transactions

    Jan 7 2023Reduced 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 2022Converted $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 2021Converted $11.61M of 2021 salary into bonus, clearing $8.7M of cap space with New Orleans (NO)
    Oct 16 2020Fined $58,823 Conduct detrimental to the team
    Mar 19 2020Converted $10M of 2020 salary into bonus, clearing $8 of cap space with New Orleans (NO)
    Nov 15 2019Fined $10,527 Excessive Facemask against Atlanta (ATL)
    Jul 31 2019Signed a 5 year $96.25 million contract extension with New Orleans (NO)
    Nov 9 2018Fined $30,000 Using a prop in a celebration against Los Angeles (LAR)
    May 9 2016Signed a 4 year $5.11 million contract with New Orleans (NO)
    Apr 29 2016Drafted by New Orleans (NO): Round 2 (#47 overall)
  • 2023 Player Rankings

    A visual look at how Michael Thomas ranks across the league, conference, division, and team.

     

    Cap Hit ($0) Rank
    NFL: #
    New Orleans Saints: #
    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 NO 3 3 3 136 15.4 22 16 171 10.7 57.00 3 0 1 35.1
    2020 NO 7 7 5 345 32.1 55 40 438 11 62.57 0 0 1 43.9
    2019 NO 16 16 15 959 88.6 185 149 1725 11.6 107.81 9 1 6 225.6
    2018 NO 16 16 16 928 88.4 147 125 1405 11.2 87.81 9 2 3 190.5
    2017 NO 16 16 14 851 81.9 149 104 1245 12 77.81 5 0 2 154.5
    2016 NO 15 15 12 865 75.2 121 92 1137 12.4 75.80 9 2 4 163.7
    Totals 73 73 65 4,084 - 679 526 6,121 11.6 83.85 35 5 17 813.30