Michael Pittman Jr. Salary, Net Worth, Contract
| Michael Pittman Jr. Salary | $2,992,000 |
| Michael Pittman Jr. Net Worth | $5,000,000 |
| Source of Income | NFL |
| Michael Pittman Jr. Forbes (Market Value) | $3,033,122 |
| Total Contract Value | $8,612,850 (4 years) |
| Total Cap | $9,770,959 |
The awe-inspiring and awe-striking Michael Pittman Jr. has secured for himself an incredibly lucrative and profitable deal! The Indianapolis Colts have granted him the privilege of a 4-year contract, amounting to a staggering $8,612,850, which includes a signing bonus of $3,823,892, an undoubtedly palatable prospect. Additionally, the contract also provides a guaranteed sum of $5,825,385, a delectable cherry on top of an already mouth-watering dessert. With an annual salary average of $2,153,213, Mr. Pittman Jr. is, without a doubt, enjoying an enviable lifestyle.
During the year 2023, he will receive a fundamental remuneration of $2,992,000, while a cap hit of $3,947,973 is on the horizon. However, even if fate does not bode well for him, a dead cap value of $955,973 is still in place to provide a reliable and sturdy backup. In summary, the youthful and talented wide receiver has been bestowed with an unshakeable and impressive contract, which is a cause for celebration and excitement.
| Year | Yearly Base Salary | Cap Hit |
| 2020 | $560,588 | $1,516,561 |
| 2021 | $1,001,493 | $1,957,466 |
| 2022 | $1,392,986 | $2,348,959 |
| 2023 | $2,992,000 | $3,947,973 |
The Indianapolis Colts have recently entered into a lucrative agreement with the skilled and promising wide receiver, Michael Pittman Jr. The contract is valid for four years and amounts to a staggering $8,612,850. This includes an impressive $3,823,892 signing bonus, along with a guaranteed sum of $5,825,385. Pittman Jr.’s substantial yearly salary of $2,153,213 makes it evident that he will be a valuable asset to the team.
It is worth noting the critical components of this contract. In 2023, Pittman Jr. is set to earn a base salary of $2,992,000, accompanied by a cap hit of $3,947,973. Therefore, the total sum charged towards the team’s salary cap for that year would be $3,947,973. If the player were to be let go, the dead cap value would amount to $955,973.
Michael Pittman Jr.’s acquisition is a significant move for the Indianapolis Colts. The young wide receiver is recognized as one of the most promising prospects in the league, and his presence will surely make a difference for the team. With his imposing size, impressive speed, and exceptional route-running capabilities, he brings a unique and highly sought-after set of abilities to the field.
In 2020, Pittman Jr. had an outstanding season, recording 42 receptions for 729 yards and 5 touchdowns. He proved himself to be a dependable target for his quarterback and an asset in the red zone. With this signing, the Colts are bringing on board a player who has the potential to become one of the top receivers in the league.
| Michael Pittman Jr. Net Worth over the years | |
| 2023 | $5,000,000 |
| 2022 | $3,571,429 |
| 2021 | $2,551,020 |
| 2020 | $1,822,157 |
The future is looking bright for both Michael Pittman Jr. and the Indianapolis Colts. With this contract, Pittman Jr. has the opportunity to continue developing his abilities and reach new heights as a player. Concurrently, the Colts are adding a highly talented individual to their team, who can help them move to the next level.
As the 2023 season draws near, fans of the Indianapolis Colts will be eagerly anticipating Michael Pittman Jr.’s contributions to the field. With his newly-signed contract, he is poised to make a significant impact on the team and help lead them to success.
