This past NFL offseason has been one to remember. As the league approaches its 100th year, there has been a shift in the paradigm regarding player contracts. From Antonio Brown controlling his trade destination to Michael Thomas’ record-setting extension.
On Wednesday, the Saints made Thomas the highest paid receiver in the league. Thomas, the franchise record holder in single season receptions and yards signed a five-year extension worth $100 million, which includes $61 million guaranteed. Prior to the deal, Thomas was set to make only $1.1 million this season, which was the final year of his rookie contract.
The new guaranteed money is the most in league history for an offensive player who is not a quarterback. Per 247Sports, it is also the first time in franchise history that the Saints have ever paid a position player more than $10 million annually. Prior to Thomas’ deal, Odell Beckham Jr was the top paid receiver with a five-year, $90 million deal — $18 million per season with $65 million in practical guarantees.
In his three seasons in the league, Thomas has been named to two Pro Bowls, first team All-Pro, and the All-Rookie team. He also has more catches over a three season span than any one in NFL history with 321 receptions. How Thomas’ deal will shift the receiver market remains to be seen as there is a plethora of talent at the position.Tags: Michael Thomas, New Orleans Saints, NFL Contracts