Michael Thomas
Wide Receiver
Drafted: Round 2 (#47 overall), 2016
Experience: 7 Years
College: Ohio State
Contract: 1 yr(s)
$10,000,000
Signing Bonus $5,000,000 AAV$10,000,000 G'teed:$10,000,000 Free Agent:2025 / UFA
Year   Age Base Salary Signing Bonus Workout Bonus Restruc. Bonus Cap Hit Dead Cap
2023 Contract details by year 30 $1,260,000 $5,180,588 - $7,813,000 $14,253,588 $36,174,352
2024 Contract details by year 31 $1,210,000 $1,180,588 - $7,813,000 $10,203,588 $21,920,764
2025 Contract details by year 32 - $1,180,588 - $2,913,000 $9,187,176 $9,187,176
2026 Contract details by year 33 - $1,180,588 - $2,913,000 $4,093,588 -
2027 Contract details by year 34 - $1,000,000 - - $1,000,000 -
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
Year Team Salary Signing Bonus Other Bonus Total Cash
2016 Player Cash Earnings $450,000 $1,922,888 - $2,511,357
2017 Player Cash Earnings $682,681 - - $682,681
2018 Player Cash Earnings $915,361 - - $915,361
2019 Player Cash Earnings $1,648,043 $10,000,000 - $11,648,043
2020 Player Cash Earnings $1,000,000 $10,000,000 - $21,000,000
2021 Player Cash Earnings $1,000,000 - - $12,800,000
2022 Player Cash Earnings $1,035,000 $902,941 - $16,702,941
7 seasons $6,731,085 $22,825,829 - $66,260,383

Cap Hit

#9
Wide Receiver
#2
New Orleans Saints
#80
NFL

AAV

#37
Wide Receiver
#202
NFL

Cash

#37
Wide Receiver
#318
NFL
  • Mar 14 2023

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

  • Jan 7 2023

    Reduced 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 2022

    Converted $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 2021

    Converted $11.61M of 2021 salary into bonus, clearing $8.7M of cap space with New Orleans (NO)

  • Oct 16 2020

    Fined $58,823 Conduct detrimental to the team

  • Mar 19 2020

    Converted $10M of 2020 salary into bonus, clearing $8 of cap space with New Orleans (NO)

  • Nov 15 2019

    Fined $10,527 Excessive Facemask against Atlanta (ATL)

  • Jul 31 2019

    Signed a 5 year $96.25 million contract extension with New Orleans (NO)

  • Nov 9 2018

    Fined $30,000 Using a prop in a celebration against Los Angeles (LAR)

  • May 9 2016

    Signed a 4 year $5.11 million contract with New Orleans (NO)

  • Apr 29 2016

    Drafted by New Orleans (NO): Round 2 (#47 overall)