There was some somewhat surprising news that happened on Saturday before the two games kicked off. According to ESPN, the New Orleans Saints announced that star receiver Michael Thomas agreed to restructure his contract with an eye toward the upcoming league year.
Michael Thomas has played just 10 games since the 2020 season, with three this year, none in 2021, and seven in 2020. It has been over three seasons since he had the crazy record-breaking season.
Per Spotrac, Thomas signed a 5 year, $96 million contract with the New Orleans Saints, including a $20 million signing bonus, and $60 million guaranteed.
According to ESPN, Thomas had his base salary of $15 million reduced to $1.6 million but added a $31 million roster bonus for 2024. He also received a signing bonus of $902 thousand this week. Per Field Yates, this deal reinforced that any decision made by Thomas’ future with the franchise will be done expediently.
Thomas was once one of the best, if not the best receiver in the league. His ability to create space on a route was by far the best in the league, and he could run every route in the tree.
Thomas has dealt with injury after injury and has been through more than most can imagine in terms of football injuries. This year was supposed to be the year he came back and was a Pro Bowler again, but instead, a foot problem occurred.
Now that the Saints have a guy that could be a consistent Pro Bowler every year in Chris Olave, who could win Offensive Rookie of the Year. When Thomas comes back healthy, and these two can play off of each other, the receiving corps with them two and Rashid Shaheed will be lethal.
The Saints and WR Michael Thomas agreed to a reworked contract that includes a $903K payment for him this week and sets the stage for the team to make a decision on his future early in the offseason. Details: https://t.co/TRGovlvmTz— Field Yates (@FieldYates) January 7, 2023
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