Michael Pittman Jr.

Indianapolis Colts, Wide Receiver
Age: 28y-5m-1d (Oct 05, 1997)
Exp: 5 Years
Country: US
College: Southern California
Drafted: Round 2 (#34 overall), 2020
Agent(s): Andrew Kessler (Athletes First)
2026 Cap Hit

$29,000,000

2026 Cash

$24,000,000

Career Earnings

$56,008,002

2024-2026 Franchise Tag Extension (CURRENT)

Michael Pittman Jr. signed a 3 year, $70,000,000 contract with the Indianapolis Colts, including $15,000,000 signing bonus, $46,000,000 guaranteed, and an average annual salary of $23,333,333. In 2026, Pittman Jr. will earn a base salary of $22,000,000 and a roster bonus of $2,000,000, while carrying a cap hit of $29,000,000 and a dead cap value of $5,000,000.
Contract Terms:
3 yr(s) / $70,000,000
Average Salary:
$23,333,333
Signing Bonus:
$15,000,000
GTD at Sign:
$41,000,000
Total GTD:
$46,000,000
Free Agent:
2027 / UFA
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2024 27 $18,000,000 7.05% $28,000,000 $28,000,000 $41,000,000
2025 28 $23,008,820 8.24% $18,008,820 $46,008,820 $23,008,820
POTENTIAL OUT: 2026, 2 YR, $46,008,820; $5,000,000 DEAD CAP
2026 29 $29,000,000 9.56% $24,000,000 $70,008,820 $5,000,000
2027 30
UFA
Year Age Base P5 Salary Signing Proration Roster Bonus Workout Bonus Cap Hit Cap % League Dead Cap
2024 27 $8,000,000 $5,000,000 $5,000,000 - $18,000,000 7.05% $41,000,000
2025 28 $18,000,000 $5,000,000 - $8,820 $23,008,820 8.24% $23,008,820
POTENTIAL OUT: 2026, 2 YR, $46,008,820; $5,000,000 DEAD CAP
2026 29 $22,000,000 $5,000,000 $2,000,000 - $29,000,000 9.56% $5,000,000
2027 30
UFA
Year Age Base P5 Salary Signing Bonus Roster Bonus Workout Bonus Cash Total Cash Cumulative Cash Remaining
2024 27 $8,000,000 $15,000,000 $5,000,000 - $28,000,000 $28,000,000 $70,008,820
2025 28 $18,000,000 - - $8,820 $18,008,820 $46,008,820 $42,008,820
POTENTIAL OUT: 2026, 2 YR, $46,008,820; $5,000,000 DEAD CAP
2026 29 $22,000,000 - $2,000,000 - $24,000,000 $70,008,820 $24,000,000
Contract Notes
  • $41M guaranteed at signing (signing bonus + 2024 salary/roster bonus + $13M of 2025 salary)
  • Additional $5M of 2025 salary fully guarantees the 5th league day of 2025 (injury guaranteed at signing)
  • 2026 Roster Bonus: $2M (5th league day of 2026)
  • Annual Incentives
    1,000 Receiving Yards + Playoff Berth: $250,000
    1,300 Receiving Yards OR Pro Bowl Selection: $250,000
Source: NFL contract specifics generally collected from verified reports.

2024-2024 Franchise Tag

Contract Terms:
1 yr(s) / $21,816,000
Average Salary:
$21,816,000
Signing Bonus:
N/A
GTD at Sign:
Total GTD:
Free Agent:
2025 / UFA
To see the rest of the Michael Pittman Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

2020-2023 Rookie

Contract Terms:
4 yr(s) / $8,612,850
Average Salary:
$2,153,213
Signing Bonus:
$3,823,892
GTD at Sign:
$5,825,385
Total GTD:
$5,825,385
Free Agent:
2024 / UFA
To see the rest of the Michael Pittman Jr.'s contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Seasons

5 Years

Career Earnings thru 2026

$58,010,988

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2020 23
Active
$4,611,703
$4,611,703
2021 24
Active
Active
Active
$1,001,493
$1,001,493
$1,001,493
$5,613,196
$6,614,689
$7,616,182
2022 25
Active
$1,392,986
$9,009,168
2023 26
Active
$2,993,000
$12,002,168
2024 27
Active
$28,000,000
$40,002,168
2025 28
Active
$18,008,820
$58,010,988
Total      
$58,010,988
$58,010,988
2026 29
Active
$24,000,000
Total
$82,010,988

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
6 $33,951,053 $18,823,892 $5,000,000 - $8,820 $227,223 $58,010,988
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2020
23
$560,588
$3,823,892
$227,223
$4,611,703
$4,611,703
2021
24
$1,001,493
$1,001,493
$1,001,493
$1,001,493
$1,001,493
$1,001,493
$5,613,196
$6,614,689
$7,616,182
2022
25
$1,392,986
$1,392,986
$9,009,168
2023
26
$2,993,000
$2,993,000
$12,002,168
2024
27
$8,000,000
$15,000,000
$5,000,000
$28,000,000
$40,002,168
2025
28
$18,000,000
$8,820
$18,008,820
$58,010,988
Total
$33,951,053
$18,823,892
$5,000,000
$8,820
$227,223
$58,010,988
$58,010,988
2026
29
$22,000,000
$2,000,000
$24,000,000
Total
$55,951,053
$18,823,892
$7,000,000
$8,820
$227,223
$82,010,988

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
6 $33,951,053 $18,823,892 $5,000,000 - $8,820 $227,223 $58,010,988

Injuries

Year Weeks Reason
2020 IND 4 - 7 Calf
  • Mar 11, 2024 Signed a 3 year $70 million contract extension with Indianapolis (IND)
  • Mar 05, 2024 Offered a 1 year $21.816 million franchise tag by Indianapolis (IND)
  • Oct 27, 2023 Fined $10,927 Taunting against Cleveland (CLE)
  • Jun 15, 2020 Signed a 4 year $8.61 million contract with Indianapolis (IND)
  • Apr 24, 2020 Drafted by Indianapolis (IND): Round 2 (#34 overall)

Fines

Date Reason Fine Amount
Oct 27, 2023 Taunting against Cleveland (CLE) $10,927
Fines: 1 $10,927
Year Team GP GS Snaps Snaps% Rec Receptions Rec Yards Rec Touchdowns Fum
2025 IND 17 16 918 85.55 80 784 7 0
2024 IND 16 14 904 83.16 69 808 3 1
2023 IND 16 15 991 86.32 109 1,152 4 2
2022 IND 16 16 1,065 92.77 99 925 4 2
2021 IND 17 17 980 88.21 88 1,082 6 1
2020 IND 13 8 699 64.13 40 503 1 0

Calculated Market Value

Market Value

  • 2 years, $58,279,848
  • Avg. Salary: $29,139,924
  • NFL Rank: 39
  • WR Rank: 9

Current Contract

  • Free Agent: 2027
  • Avg. Salary: $23,333,333
  • NFL Rank: 74
  • WR Rank: 17

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
Brandon Aiyuk 4 $120,000,000 $30,000,000 26
D.K. Metcalf 4 $132,000,000 $33,000,000 27
Terry McLaurin 3 $97,000,000 $32,333,333 29
Garrett Wilson 4 $130,000,000 $32,500,000 24
Averages 4 $119,750,000 $31,958,333 26.5

Base Calculated Value

After adjusting the above contracts as if signed at Pittman Jr.'s current age (28), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $64,436,782 $32,218,391

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: GP%, Snaps %, Rec Tgt/Gm, Rec/Gm, Rec Yds/Gm, Rec TD/Gm, YAC/GM, Drops/Gm, Rating

Player GP% Snaps % Rec Tgt/Gm Rec/Gm Rec Yds/Gm Rec TD/Gm YAC/GM Drops/Gm Rating
Brandon Aiyuk
2022-2023
97.06 83.20 6.64 4.64 71.42 0.45 22.24 0.21 86.30
D.K. Metcalf
2023-2024
91.18 77.30 7.32 4.26 67.94 0.42 20.39 0.29 77.15
Terry McLaurin
2023-2024
100.00 82.70 7.32 4.74 61.71 0.50 19.15 0.26 77.15
Garrett Wilson
2023-2024
100.00 93.90 9.47 5.76 63.12 0.29 22.50 0.35 75.90
Average 97.06 84.28 7.69 4.85 66.05 0.42 21.07 0.28 79.13
Michael Pittman Jr.
2024-2025
97.06 84.40 6.73 4.52 48.24 0.30 16.15 0.21 71.30
Pct Change 0.00 0.14 -12.48 -6.80 -26.96 -28.57 -23.35 25.00 -9.90
Median Prime % Change -9.90%
Average Prime % Change -9.21%

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
2 years, $58,279,848 $29,139,924
Top