Michael Pittman Jr.

Indianapolis Colts, Wide Receiver
Age: 26-294d (Oct 05, 1997)
Exp: 5 Years
Country: US
College: Southern California
Drafted: Round 2 (#34 overall), 2020
Agent(s): Andrew Kessler (Athletes First)
2024 Cap Hit

$18,000,000

2024 Cash

$28,000,000

Career Earnings

$9,999,182

2024-2026 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 2024, Pittman Jr. will earn a base salary of $8,000,000, a signing bonus of $15,000,000 and a roster bonus of $5,000,000, while carrying a cap hit of $18,000,000 and a dead cap value of $41,000,000.
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 $23,000,000 8.42% $18,000,000 $46,000,000 $23,000,000
POTENTIAL OUT: 2026, 2 YR, $46,000,000; $5,000,000 DEAD CAP
2026 29 $29,000,000 9.92% $24,000,000 $70,000,000 $5,000,000
2027 30
UFA
Year Age Base P5 Salary Signing Proration Roster Bonus Cap Hit Cap % League Cap 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 - $23,000,000 8.42% $23,000,000
POTENTIAL OUT: 2026, 2 YR, $46,000,000; $5,000,000 DEAD CAP
2026 29 $22,000,000 $5,000,000 $2,000,000 $29,000,000 9.92% $5,000,000
2027 30
UFA
Year Age Base P5 Salary Signing Bonus Roster Bonus Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 27 $8,000,000 $15,000,000 $5,000,000 $28,000,000 $28,000,000 $28,000,000 $23,333,333
2025 28 $18,000,000 - - $18,000,000 $46,000,000 $23,000,000 $21,000,000
2026 29 $22,000,000 - $2,000,000 $24,000,000 $70,000,000 $23,333,333 $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)
  • 2027 Roster Bonus: $2M
Source: NFL contract specifics generally collected from verified reports.

2024-2024 Franchise Tag

Michael Pittman Jr. signed a 1 year , $21,816,000 contract with the Indianapolis Colts, including an average annual salary of $21,816,000. In 2024, Pittman Jr. will earn a base salary of $21,816,000, while carrying a cap hit of $21,816,000.
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

Michael Pittman Jr. signed a 4 year , $8,612,850 contract with the Indianapolis Colts, including $3,823,892 signing bonus, $5,825,385 guaranteed, and an average annual salary of $2,153,213.
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
Career Earnings thru 2024

$9,999,182

Career 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
$1,001,493
$5,613,196
2022 25
Active
$1,392,986
$7,006,182
2023 26
Active
$2,993,000
$9,999,182
Total      
$9,999,182
$9,999,182
2024 27
Active
$28,000,000
2025 28
Active
$18,000,000
2026 29
Active
$24,000,000
Total
$79,999,182
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
$5,613,196
2022
25
$1,392,986
$1,392,986
$7,006,182
2023
26
$2,993,000
$2,993,000
$9,999,182
Total
$5,948,067
$3,823,892
$227,223
$9,999,182
$9,999,182
2024
27
$8,000,000
$15,000,000
$5,000,000
$28,000,000
2025
28
$18,000,000
$18,000,000
2026
29
$22,000,000
$2,000,000
$24,000,000
Total
$53,948,067
$18,823,892
$7,000,000
$227,223
$79,999,182

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
4 $5,948,067 $3,823,892 - - - $227,223 $9,999,182

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
Year Team GP GS Snaps Snaps% Receiving Receptions Receiving Yards Receiving Touchdowns Fum
2023 IND 16 15 991 86.30 109 1,152 4 2
2022 IND 16 16 1,065 92.50 99 925 4 2
2021 IND 17 17 980 88.00 88 1,082 6 1
2020 IND 13 8 699 77.70 40 503 1 0

Calculated Market Value

Market Value

  • 4 years, $92,703,832
  • Avg. Salary: $23,175,958
  • NFL Rank: 49
  • WR Rank: 12

Current Contract

  • Free Agent: 2027
  • Avg. Salary: $23,333,333
  • NFL Rank: 49
  • WR Rank: 12

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
D.K. Metcalf 3 $72,000,000 $24,000,000 24
Deebo Samuel 3 $71,550,000 $23,850,000 25
Terry McLaurin 3 $68,364,000 $22,788,000 26
D.J. Moore 3 $61,884,000 $20,628,000 24
Averages 3 $68,449,500 $22,816,500 24.8

Base Calculated Value

After adjusting the above contracts as if signed at Pittman Jr.'s current age (26), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
2 $46,016,000 $23,008,000

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

Player GP% Rec Tgt/Gm Rec/Gm Rec Yds/Gm Rec TD/Gm YAC/GM Drops/Gm Rating
D.K. Metcalf
2020-2021
100.00 7.82 4.79 68.79 0.67 21.38 0.41 82.60
Deebo Samuel
2020-2021
69.70 7.17 4.78 78.09 0.30 53.86 0.68 83.50
Terry McLaurin
2020-2021
96.97 8.25 5.12 67.84 0.28 25.77 0.16 78.10
D.J. Moore
2020-2021
96.97 8.78 4.97 73.44 0.25 26.58 0.52 77.75
Average 90.91 8.01 4.92 72.04 0.38 31.90 0.44 80.49
Michael Pittman Jr.
2022-2023
96.97 9.28 6.50 64.91 0.25 26.91 0.31 74.15
Pct Change 6.67 15.86 32.11 -9.90 -34.21 -15.64 29.55 -7.88
Median Prime % Change -0.61%
Average Prime % Change 2.07%

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
4 years, $92,703,832 $23,175,958
Top