Michael Thomas agrees to 5 year 100 million extension

07-31-2019, 08:56 AM

NFL Network Insider Ian Rapoport reported Wednesday that the Saints and star receiver Michael Thomas reached a five-year, $100 million contract extension, per a source informed of the deal. The deal includes $61 million in guarantees, added Rapoport.

Michael Thomas agrees to 5-yr, $100M extension - NFL.com

jeanpierre · 07-31-2019, 09:00 AM

Saint in Aus likes this.

jeanpierre · 07-31-2019, 09:07 AM

Early reports are $61mil guaranteed...

RefsRobbedUs · 07-31-2019, 09:07 AM

I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season.

Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike.

saintfan · 07-31-2019, 09:12 AM

Big scary number. This is today's NFL.

Congrats to Mike. We can debate whether he's "worth" it or not, but he's surely earned it. He's a beast.

Lord_Saint83 · 07-31-2019, 09:20 AM

Originally Posted by RefsRobbedUs

I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season.

Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike.

I feel you on that money they gave him but the man outplayed his contract and kamara has too they aren't contract year wonders. If you wanna dance you gotta pay the band.

ScottF · 07-31-2019, 09:40 AM

We got off cheap.
It's a good day.

AsylumGuido · 07-31-2019, 09:52 AM

Originally Posted by RefsRobbedUs

I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season.

Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike.

The best chance at getting Brees more championships is to lock up these great players and that takes money. But, don't forget, the cap keeps increasing at a minimum of $10M per year and will pay for all of these new contracts. Another member here, SFIAH, has graphically shown that the $20M per year that Thomas' contract implies is a smaller percentage of total cap than WR deal being made any many years past. Kamara has the same agent as Thomas and if it comes down to it will probably be told to hold out until a extension deal is made, as well. I have no issue with that whatsoever.

This is a good day in Saints history!

Cruize · 07-31-2019, 09:57 AM

It's good that it didn't linger. I'd rather pay him than OBJ or Brown. Only choice for today.

The Dude · 07-31-2019, 10:00 AM

Originally Posted by RefsRobbedUs

I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season.

Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike.

Oh you can say bye to Kamara. Payton has nooooo problem cutting RBs as it is.
A plus is the Draft cap. We don’t have to pay out of the nose anymore to sign first round picks. At least teams can think ahead 4 years now. Imagine the pickle we would be in picking a QB next year if rookie contracts were still as high as they used to be.

07-31-2019, 08:56 AM	#1
Threaded by jnormand 5000 POSTS! + Join Date: Sep 2003 Location: The Free State of Idaho Posts: 5,662 Rating: (0 votes - average) NFL Network Insider Ian Rapoport reported Wednesday that the Saints and star receiver Michael Thomas reached a five-year, $100 million contract extension, per a source informed of the deal. The deal includes $61 million in guarantees, added Rapoport. Michael Thomas agrees to 5-yr, $100M extension - NFL.com neugey, papz, K Major and 1 others like this. Last edited by papz; 07-31-2019 at 10:16 AM..
Views: 6868

07-31-2019, 09:00 AM	#2
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	Re: Michael Thomas agrees to 5 year 100 million extension Twitter Saint in Aus likes this.

07-31-2019, 09:07 AM	#3
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	Re: Michael Thomas agrees to 5 year 100 million extension Early reports are $61mil guaranteed... Twitter

07-31-2019, 09:07 AM	#4
RefsRobbedUs 500th Post Join Date: Jan 2019 Posts: 659	Re: Michael Thomas agrees to 5 year 100 million extension I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season. Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike. leilung and voodooido like this.
RefsRobbedUs 500th Post Join Date: Jan 2019 Posts: 659

07-31-2019, 09:12 AM	#5
saintfan Donated Plasma Join Date: Jul 2002 Location: San Francisco, CA Posts: 18,556 Blog Entries: 5	Re: Michael Thomas agrees to 5 year 100 million extension Big scary number. This is today's NFL. Congrats to Mike. We can debate whether he's "worth" it or not, but he's surely earned it. He's a beast. RockyMountainSaint, neugey and SmashMouth like this.

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07-31-2019, 09:20 AM	#6
Lord_Saint83 100% Blunt Join Date: Jun 2013 Location: Saint Gabriel, La Posts: 2,754	Re: Michael Thomas agrees to 5 year 100 million extension Originally Posted by RefsRobbedUs I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season. Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike. I feel you on that money they gave him but the man outplayed his contract and kamara has too they aren't contract year wonders. If you wanna dance you gotta pay the band. SaintFanInATLHELL, RockyMountainSaint, neugey and 3 others like this.

07-31-2019, 09:40 AM	#7
ScottF 5000 POSTS! + Join Date: Feb 2007 Location: Atlanta Posts: 6,324	Re: Michael Thomas agrees to 5 year 100 million extension We got off cheap. It's a good day. RockyMountainSaint, AsylumGuido and Thirty3 like this.

07-31-2019, 09:52 AM	#8
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,220	Re: Michael Thomas agrees to 5 year 100 million extension Originally Posted by RefsRobbedUs I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season. Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike. The best chance at getting Brees more championships is to lock up these great players and that takes money. But, don't forget, the cap keeps increasing at a minimum of $10M per year and will pay for all of these new contracts. Another member here, SFIAH, has graphically shown that the $20M per year that Thomas' contract implies is a smaller percentage of total cap than WR deal being made any many years past. Kamara has the same agent as Thomas and if it comes down to it will probably be told to hold out until a extension deal is made, as well. I have no issue with that whatsoever. This is a good day in Saints history! SaintFanInATLHELL, neugey, The Dude and 3 others like this.
	“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill

07-31-2019, 09:57 AM	#9
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,457	Re: Michael Thomas agrees to 5 year 100 million extension It's good that it didn't linger. I'd rather pay him than OBJ or Brown. Only choice for today. jnormand, RockyMountainSaint, SmashMouth and 2 others like this.
Cruize 1000 Posts + Join Date: May 2007 Posts: 4,457

07-31-2019, 10:00 AM	#10
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,048	Re: Michael Thomas agrees to 5 year 100 million extension Originally Posted by RefsRobbedUs I might get flamed but I hate paying this kind of money to a WR especially with our HOF QB at the end of his career. We are a SB contender now though and we were not going to risk this going into the reg season. Let's hope Kamara doesn't hold out next year which I can see happening now that it worked for Mike. Oh you can say bye to Kamara. Payton has nooooo problem cutting RBs as it is. A plus is the Draft cap. We don’t have to pay out of the nose anymore to sign first round picks. At least teams can think ahead 4 years now. Imagine the pickle we would be in picking a QB next year if rookie contracts were still as high as they used to be.
The Dude 5000 POSTS! + Join Date: Jul 2011 Posts: 9,048	Last edited by The Dude; 07-31-2019 at 10:18 AM..