Micheal Thomas new contract

[jvan1973]

6 years 100 million with 61 in guarantees.    Holy cow

 

https://www.usatoday.com/story/sports/nfl/saints/2019/07/31/michael-thomas-contract-saints/1875915001/

[Restinpeacesweetchloe]

That seems like a lot but with only 61 guaranteed it is probably a steel.

[runthepost]

He earned every penny

[oldunclemark]

This is just a ton of money....for a WR

Basically,,its 20 mil a year for 3 years, right?

 

Still,.....He doesn't throw it and you cant hand it off to him.

I don't see how any one receiver is worth this. 

 

It will now be interesting to see what Julio Jones gets at his age

[NewColtsFan]

On 8/1/2019 at 8:18 AM, jvan1973 said:

6 years 100 million with 61 in guarantees.    Holy cow

 

https://www.usatoday.com/story/sports/nfl/saints/2019/07/31/michael-thomas-contract-saints/1875915001/

 

15 hours ago, oldunclemark said:

This is just a ton of money....for a WR

Basically,,its 20 mil a year for 3 years, right?

 

Still,.....He doesn't throw it and you cant hand it off to him.

I don't see how any one receiver is worth this. 

 

It will now be interesting to see what Julio Jones gets at his age

 

The deal is actually for $100 million, but it’s for a five year extension.   Thomas is being called the NFL’s first $29 mill per year receiver.   His stats say he’s worth it.   Bigger numbers than OBJ, AB, or JJ.   

[Restinpeacesweetchloe]

Only 61 million is guaranteed though. 

[oldunclemark]

On ‎8‎/‎2‎/‎2019 at 3:53 PM, NewColtsFan said:

 

 

The deal is actually for $100 million, but it’s for a five year extension.   Thomas is being called the NFL’s first $29 mill per year receiver.   His stats say he’s worth it.   Bigger numbers than OBJ, AB, or JJ.   

My point is: No receiver is worth that much of your salary cap....

 

QBs, CBs..edge rushers are more valuable..because they do more on more plays

Thomas is only going to touch the ball 10-15 times a game on a good day

 

And Thomas isn't better than Julio Jones no matter what the numbers say

There must be a bailout clause where they can cut him after 3 years

[NewColtsFan]

2 hours ago, oldunclemark said:

My point is: No receiver is worth that much of your salary cap....

 

QBs, CBs..edge rushers are more valuable..because they do more on more plays

Thomas is only going to touch the ball 10-15 times a game on a good day

 

And Thomas isn't better than Julio Jones no matter what the numbers say

There must be a bailout clause where they can cut him after 3 years

 

I haven't seen details on the contract....    I'll post as soon as I see it...

 

[ColtsBlueFL]

On 8/3/2019 at 10:49 PM, oldunclemark said:

My point is: No receiver is worth that much of your salary cap....

 

QBs, CBs..edge rushers are more valuable..because they do more on more plays

Thomas is only going to touch the ball 10-15 times a game on a good day

 

And Thomas isn't better than Julio Jones no matter what the numbers say

 

It's debatable, and... and then there's that age factor as well...

 

Quote

There must be a bailout clause where they can cut him after 3 years

 

Potential Out: 2022, 3 yr, $45,448,043; $8,000,000 dead cap

 

On 8/4/2019 at 1:24 AM, NewColtsFan said:

 

I haven't seen details on the contract....    I'll post as soon as I see it...

 

 

 

Contract Terms:    5 yr(s) / $96,250,000     

Signing Bonus:    $20,000,000     

Average Salary:  $19,250,000  

GTD at Sign:  $35,648,043

Total GTD:  $60,598,043     

Free Agent: 2025

[pgt_rob]

Do they get rid of their best offensive weapon or sign him to a huge contract? Tough one for me. However, most GMs will always say to keep your own guys so I think he's earned the extension. But wow, that's crazy money.

[BigQungus]

I'm always in favor of paying your guys. That said, I think Michael Thomas is overrated, but whatever

[throwing BBZ]

21 hours ago, ColtsBlueFL said:

 

It's debatable, and... and then there's that age factor as well...

 

 

Potential Out: 2022, 3 yr, $45,448,043; $8,000,000 dead cap

 

 

 

Contract Terms:    5 yr(s) / $96,250,000     

Signing Bonus:    $20,000,000     

Average Salary:  $19,250,000  

GTD at Sign:  $35,648,043

Total GTD:  $60,598,043     

Free Agent: 2025

 

 A younger Hopkins. Thomas is phenominal.
I suspect his % of cap in 3yrs will look reasonable, just as Andrew is reasonable now.

[runthepost]

3 hours ago, throwing BBZ said:

 

 A younger Hopkins. Thomas is phenominal.
I suspect his % of cap in 3yrs will look reasonable, just as Andrew is reasonable now.

Just wait till the cap hits 250 million 

[throwing BBZ]

On 8/6/2019 at 2:13 PM, ColtsBlueFL said:

 

It's debatable, and... and then there's that age factor as well...

 

 

Potential Out: 2022, 3 yr, $45,448,043; $8,000,000 dead cap

 

 

 

Contract Terms:    5 yr(s) / $96,250,000     

Signing Bonus:    $20,000,000     

Average Salary:  $19,250,000  

GTD at Sign:  $35,648,043

Total GTD:  $60,598,043     

Free Agent: 2025

 

 Of course he is under contract for the next SIX years for this amount plus his $1.6M for this season. So just over $16M per.
And only the $35M is fully guaranteed.  This is a Steal.