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Finance

Michael Pittman Jr. contract, salary and net worth explored

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Michael Pittman Jr. is an American football wide receiver for the National Football League Indianapolis Colts. He played college football at USC, where he was named a consensus second-team All-American as a senior, and was selected by the Colts in the second round of the 2020 NFL Draft.

Contract

Michael Pittman Jr. signed a 4 year, $8,612,850 contract with the Indianapolis Colts, including a $3,823,892 signing bonus, $5,825,385 guaranteed, He was placed on injured reserve on October 3, 2020, due to compartment syndrome on his calf. He was activated on October 31. In Week 9 against the Baltimore Ravens, he caught 4 passes for 56 yards in a 24-10 loss to the Ravens.

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Salary per year

Pittman made his professional debut on September 13, 2020, against the Jacksonville Jaguars, catching two passes for ten yards in the 27–20 loss. Pittman’s average annual salary of $2,153,213. In 2022, Pittman Jr. will earn a base salary of $1,392,986, while carrying a cap hit of $2,348,959 and a dead cap value of $2,911,946.

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Net worth

Pittman is estimated to be worth between $20 million and $40 million. Pittman scored his second career touchdown in a 31-25 loss to the Baltimore Ravens, finishing with 6 receptions for 89 yards.