The Michael Thomas extension is technically worth “up to” $20 million per year

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Shockingly (#sarcasm), the initial reports regarding the value of the Michael Thomas contract overstated the value of the deal.

And not just because of the new money vs. total value analysis. Per a source with knowledge of the deal, the extension given to the Saints receiver has a base value not of $20 million per year but $19.25 million per year.

While that’s still a great deal, it’s not the $100 million contract that Thomas coveted. It can still get to $100 million, but as the source put it, “He has to do some crazy sh-t in the last two years of the deal” to get there.

Those details don’t matter, of course. The notion of $100 million and $20 million per year already is baked into the NFL news cake, fueled by the tweets from national reporters who don’t simply shoot first and ask questions later but shoot first and never ask questions at all. Because asking questions is the quickest way to get removed from the group text with the scoop.

10 responses to “The Michael Thomas extension is technically worth “up to” $20 million per year

  1. As good of a player as he is, this will be suicide for their future. Brees better be ready to start winding down his caeer and they best be looking for a transition plan.

    You really can’t have 2 players like that costing over 40 mil per against the cap and expect to build a winner.

    And, if they moved money down the line, which I am assuming they had to to afford to be able to give him this incredible raise, they will be in cap hell for years and years until Brees retires.

  2. Oh noes! He might only get $96.25 million instead of $100 million!?

    Better put his name on the waiting list for the poor house!

  3. Coopers agents “just Fax the The saints contract for Michael Thomas to Jerry Jones” ask him would like to do the search and replace or us…

  4. Good receiver not Great… 100 million for a glorified possession receiver that can’t separate from top corners… Has to be schemed open…. Yeah… Good luck Aints lol

  5. lol so many fans of other teams worried about the Saints. Must be hard when no one is talking about your teams. Cap is gonna jump after the new labor deal anyway. Keep wishing you had a WR as good as Michael Thomas to fret over.

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