Report: Saints sign Michael Thomas to record-breaking contract
Michael Thomas is no longer holding out. A lucrative, record-breaking contract for the Pro Bowl wide receiver has ended the freeze.
According to a report from ESPN’s Adam Schefter, Thomas has inked a five-year extension to stay with the New Orleans Saints. The new deal will reportedly make him the highest-paid receiver in the NFL.
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The new deal will pay Thomas $100 million over the five years, according to NFL Network’s Ian Rapoport, meaning he’ll rake in $20 million per season. That was the total the former Ohio State receiver was looking for during his holdout.
Reports say the guaranteed dollar amount is $61 million. The contract keeps Thomas in New Orleans through the 2024 season.
Michael Thomas is ending his holdout and reporting to the Saints with a record five-year extension that makes him the NFL’s new highest-paid WR, per league sources. He now is tied to New Orleans for the next six years, through the 2024 season.
— Adam Schefter (@AdamSchefter) July 31, 2019
For the #Saints and WR Michael Thomas, his 5-year, $100M extension includes $61M in guarantees, sources say. And one of training camp’s holdouts is over.
— Ian Rapoport (@RapSheet) July 31, 2019
With the big payday, Thomas will also be the highest-paid receiver in NFL history.
Through three seasons in the NFL, Thomas has totaled 321 receptions for 3,787 yards and 23 touchdowns. Last year, Thomas was the league leader in catches with 125. He finished the season with 1,405 yards and nine touchdowns.
Thomas is a two-time Pro Bowl selection, as well.
