Spotrac has posted the contract details:
https://www.spotrac.com/nfl/indianap...tman-jr-47629/
Michael Pittman Jr. signed a 3 year, $68,000,000 contract with the Indianapolis Colts, including a $15,000,000 signing bonus, $46,000,000 guaranteed, and an average annual salary of $22,666,667.
In 2024, Pittman Jr. will earn a base salary of $8,000,000, a signing bonus of $15,000,000 and a roster bonus of $5,000,000, while carrying a cap hit of $18,000,000.
Notes:
$41M guaranteed at signing (signing bonus + 2024 salary/roster bonus + $13M of 2025 salary)
Additional $5M of 2025 salary fully guarantees the 5th league day of 2025 (injury guaranteed at signing)
The Colts could exit the contract after the second year with only a $5M Dead Cap hit (prorated signing bonus)
03-16-2024, 10:49 AM
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