Saints, Michael Thomas agree to massive extension
By Anthony Caruso III | Publisher
New Orleans Saints wide receiver Michael Thomas is now the league’s highest-paid receiver. Thomas signed a five-year, $100 million deal with the Saints on Wednesday.
He is receiving $61 million in new guaranteed money. His new deal will average $20 million per season.
With this extension, he’ll now be with the team for the next six seasons. He will be eligible for free agency in 2025.
Before signing this massive deal, no Saints skilled-position player made more than $10 million per season, according to ESPN. The story said Jimmy Graham, former tight end, was their highest-paid skilled position player at $10 million before he was traded to the Seattle Seahawks.
He was holding out before this extension. He is slated to make $1.148 million this season, which is the final year of his rookie deal.
The 26-year-old Los Angeles, California native was the team’s second round pick in the 2016 NFL Draft. Through his first three seasons, he has had 321 receptions.
The 321 receptions are the most by any receiver in NFL history in their first three seasons. He had a career-best 125 receptions during the 2018 season.
Thomas had 125 receptions for 1,405 yards and nine touchdowns. He had 97 more receptions than the second receiver in Tre’Quan Smith, who had 28 receptions.
The 125 receptions and 1,405 yards were franchise records.