Michael Thomas' deal reportedly isn't worth $100 million

Soon after Michael Thomas received his five-year, $100 million extension from the Saints, we heard that it wasn’t quite $100 million in reality. The base of the deal is $96.25 million, with incentives in the final couple of years that will be very hard to reach, which could bump it up to $100 million. Now we have full details on the contract, courtesy of Mike Florio of ProFootballTalk.com. Florio has a year-by-year breakdown off all the incentives and bonuses Thomas will get. To reach the full value of $100 million, Thomas “needs to do each of the following in 2022 and 2023: Catch 100 passes, gain 1,400 yards, score 12 touchdowns, and get to the playoffs.” Florio notes that the fully guaranteed portion of the deal is $35.64 million, “covering the first two years and a slice of 2021.” He seems to think the Saints aren’t actually tied to Thomas for too long if they don’t want to be, writing “the rolling guarantees give the Saints plenty of flexibility beyond 2020.” Thomas has put up absurd numbers in his first

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