Michael Thomas

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Saints, WR Age: 30-102d 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 1 year, $10,000,000 contract with the New Orleans Saints, including a $5,000,000 signing bonus, $10,000,000 guaranteed, and an average annual salary of $10,000,000. In 2023, Thomas will earn a base salary of $1,260,000 and a signing bonus of $5,000,000, while carrying a cap hit of $14,253,588 and a dead cap value of $36,174,352.
    Contract: 1 yr(s) / $10,000,000
    Signing Bonus $5,000,000
    Average Salary $10,000,000
    Total Guarantees $10,000,000
    Guaranteed at Signing $10,000,000
    Free Agent: 2025 / UFA
      Bonus Breakdown Cap Details Cash Details  
    Year   Age Base Salary Signing Restructure Cap Hit Dead Cap Yearly Cash Cash AAV
    2023 Contract details by year 30 $1,260,000 $5,180,588 $7,813,000 $14,253,588 $36,174,352 $6,260,000($6,260,000) $6,260,000
    Pre-6/1 Release 2023 Dead Cap: $36,174,352 2023 Cap Savings: $-21,920,764 Pre-6/1 Trade 2023 Dead Cap: $31,174,352 2023 Cap Savings: $-16,920,764 Post-6/1 Release 2023 Dead Cap: $17,993,588 2024 Dead Cap: $18,180,764 2023 Cap Savings: $-3,740,000 Post-6/1 Trade 2023 Dead Cap: $12,993,588 2024 Dead Cap: $18,180,764 2023 Cap Savings: $1,260,000
    2024 Contract details by year 31 $1,210,000 $1,180,588 $7,813,000 $10,203,588 $21,920,764 $1,210,000($7,470,000) $3,735,000
    Pre-6/1 Release 2024 Dead Cap: $21,920,764 2024 Cap Savings: $-11,717,176 Pre-6/1 Trade 2024 Dead Cap: $18,180,764 2024 Cap Savings: $-7,977,176 Post-6/1 Release 2024 Dead Cap: $12,733,588 2025 Dead Cap: $9,187,176 2024 Cap Savings: $-2,530,000 Post-6/1 Trade 2024 Dead Cap: $8,993,588 2025 Dead Cap: $9,187,176 2024 Cap Savings: $1,210,000
    2025 Contract details by year 32 - $1,180,588 $2,913,000 $9,187,176 $9,187,176 -
    Pre-6/1 Release 2025 Dead Cap: $9,187,176 2025 Cap Savings: $0 Pre-6/1 Trade 2025 Dead Cap: $9,187,176 2025 Cap Savings: $0 Post-6/1 Release 2025 Dead Cap: $0 2026 Dead Cap: $9,187,176 2025 Cap Savings: $9,187,176 Post-6/1 Trade 2025 Dead Cap: $0 2026 Dead Cap: $9,187,176 2025 Cap Savings: $9,187,176
    2026 Contract details by year 33 - $1,180,588 $2,913,000 $4,093,588 - -
    Pre-6/1 Release 2026 Dead Cap: $0 2026 Cap Savings: $4,093,588 Pre-6/1 Trade 2026 Dead Cap: $0 2026 Cap Savings: $4,093,588 Post-6/1 Release 2026 Dead Cap: $0 2027 Dead Cap: $0 2026 Cap Savings: $4,093,588 Post-6/1 Trade 2026 Dead Cap: $0 2027 Dead Cap: $0 2026 Cap Savings: $4,093,588
    2027 Contract details by year 34 - $1,000,000 - $1,000,000 - -
    Pre-6/1 Release 2027 Dead Cap: $0 2027 Cap Savings: $1,000,000 Pre-6/1 Trade 2027 Dead Cap: $0 2027 Cap Savings: $1,000,000 Post-6/1 Release 2027 Dead Cap: $0 2028 Dead Cap: $0 2027 Cap Savings: $1,000,000 Post-6/1 Trade 2027 Dead Cap: $0 2028 Dead Cap: $0 2027 Cap Savings: $1,000,000
    2025 Free Agent Year 35 UFA  
    Contract Notes:
    • $10M guaranteed (signing bonus + 2023 salary + 2024 roster bonus)
    • 2024 Roster Bonus: $3.74M (guaranteed)
      $220,000 per game active 
    • 2025-2027 years automatically void
    • Receptions ($750,000)
      $250,000 each for 100, 110, 120

      Receiving Yards ($750,000)
      $250,000 each for 1000, 1150, 1300

      Receiving TDs ($250,000)
      $250,000 for 7

      Pro Bowl + Playoffs: $250,000
      All-Pro 1st Team: $500,000
      Offensive Player of the Year: $1M
      NFL MVP: $500,000
      Super Bowl MVP: $500,000
      Super Bowl Win + 110 catches or 1150 yards: $500,000
    Sources: NFL contract specifics generally collected from verified reports.

    Previous Contracts

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    2019-2024

    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 $1,260,000 and a signing bonus of $5,000,000, while carrying a cap hit of $14,253,588 and a dead cap value of $36,174,352.
    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

    2016-2019Entry Level

    Michael Thomas signed a 4 year, $5,118,971 contract with the New Orleans Saints, including a $1,922,888 signing bonus, $2,605,569 guaranteed, and an average annual salary of $1,279,743. In 2023, Thomas will earn a base salary of $1,260,000 and a signing bonus of $5,000,000, while carrying a cap hit of $14,253,588 and a dead cap value of $36,174,352.
    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 $1,260,000 $5,000,000 - - - - - $6,260,000
    2024 Player Cash Earnings $1,210,000 - - - - - - $1,210,000
    $9,201,085 $27,825,829 - $400,000 $36,165,000 - $138,469 $73,730,383
    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

    Mar 14 2023Signed a 1 year $10 million restructured contract extension with New Orleans (NO)
    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