View Single Post
  #15  
Old 03-16-2024, 10:49 AM
AlwaysSunnyinIndy AlwaysSunnyinIndy is offline
Member
 
Join Date: Feb 2018
Posts: 2,137
Thanks: 662
Thanked 2,665 Times in 1,182 Posts
Default

Spotrac has posted the contract details:


https://www.spotrac.com/nfl/indianap...tman-jr-47629/


Michael Pittman Jr. signed a 3 year, $68,000,000 contract with the Indianapolis Colts, including a $15,000,000 signing bonus, $46,000,000 guaranteed, and an average annual salary of $22,666,667.

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.


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)



The Colts could exit the contract after the second year with only a $5M Dead Cap hit (prorated signing bonus)
Reply With Quote
The Following User Says Thank You to AlwaysSunnyinIndy For This Useful Post:
Racehorse (03-17-2024)