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has broken the bank. The and Thomas have reportedly agreed to terms on a five-year, $100 million contract extension, making Thomas the first wide receiver to receive a contract averaging at least $20 million per year, as well as the first non-quarterback offensive player to sign a contract with a total value of at least $100 million. The & star WR Michael Thomas have reached a blockbuster, 5 yr $100M extension. This contract makes Thomas the highest paid WR in NFL History. Dennis Schroder Jersey Hes also the first non-QB offensive player to sign a $100M contract. Agents & Andrew Ke sler negotiated the deal. Ian Rapoport (@RapSheet) According to ESPN.com's Adam Schefter, $61 million of the $100 million total in Thomas' new contract is guaranteed. The record breaking $100M deal that WR Michael Thomas & the Saints have agreed to includes $61M in New Guaranteed Money, which is the most in NFL history for a Non-QB offensive player. This ma sive extension was negotiated by and Andrew Ke sler of Athletes First. Adam Schefter (@AdamSchefter) Thomas Nick Collison Jersey had skipped out on the in an attempt to land exactly this kind of contract. It took just six days from that report for the wideout and the Saints to come to terms on a deal, which looks a lot like what he had reportedly been seeking last week. On the Michael Thomas contract talks: Sources say the have offered a deal averaging between $18-$19 million a year. Thomas would like to be the first $20 million wideout in the . A $20 mil per year average w/ the right structure/guarantees would likely get it done. Charles Robinson (@CharlesRobinson) Odell Beckham Jr.'s, five-year, $90 million deal -- $18 million per season with $65 million in practical Luguentz Dort Jersey guarantees -- was the top deal at the position before Thomas landed this new contract. As Michael Ginnitti of Spotrac notes, Thomas is now the 22nd-highest-paid player in the NFL, and the fifth-highest Jerami Grant Jersey -paid non-quarterback. At $20M, WR Michael Thomas is now the 22nd highest average paid player in football, and the 5th highest non-QB. Full List: Spotrac (@spotrac) A second-round pick out of Ohio State in 2016, Thomas has been spectacular through his first three NFL seasons, posting lines of 92 catches for 1,137 yards and nine touchdowns in 2016, 104 catches, 1,245 yards and five touchdowns in 2017, and 125 catches, 1,405 yards and nine touchdowns in 2018. His 125 catches last season led the NFL, and his 85 percent catch rate was the single best catch rate among the 247 player-seasons since 1992 where a player was Hamidou Diallo Jersey targeted at least 145 times -- and it was not particularly close. (The closest was 77.2 percent catch rate in 2007.) His 321 catches through his first three seasons are also the most in NFL history. He has quickly become ' most trusted target and one of the small handful of best wide receivers in the NFL, so this deal seems like one that is richly deserved.
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