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Finance

Mike Thomas contract, salary and net worth explored

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The famous Michael Davonta Thomas is an American football wide receiver for the Cincinnati Bengals of the National Football League. He played college football at Southern Miss and was drafted by the Los Angeles Rams in the sixth round of the 2016 NFL Draft.

The Los Angeles Rams selected Thomas in the sixth round with the 206th overall pick in the 2016 NFL Draft. He was the 25th wide receiver selected. On June 9, 2016, the Rams signed Thomas to a four-year contract along with other Rams rookies. He finished his rookie season with just three receptions for 37 yards.

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On July 14, 2017, Thomas has suspended for the first four games of 2017 for violating the league’s policy on performance-enhancing drugs.

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On September 17, 2018, Thomas was placed on injured reserve after suffering a groin injury in Week 1. Without Thomas, the Rams reached Super Bowl LIII where they lost 13-3 to the New England Patriots.

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Contract

Michael Thomas signed a 5 year, $96,250,000 contract with the New Orleans Saints, including a $20,000,000 signing bonus, $60,598,043 guaranteed.

Salary per year

Mike Thomas earns an average annual salary of $19,250,000. In 2022, Thomas will earn a base salary of $1,035,000, a restructure bonus of $14,565,000 and a workout bonus of $200,000, while carrying a cap hit of $13,048,000 and a dead cap value of $38,500,000.

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Net worth

Mike Thomas’s net worth is approximately around $10 million.