
The New Orleans Saints agreed to a restructured deal with WR Michael Thomas Friday, Jan. 6, according to a source. His contract, which expires at the end of the 2024 season, will lower his 2023 base salary from $15.5 million to $1.165 million, while adding a $31.755 million roster bonus for the 2024 league year that would become fully guaranteed on the third day of the 2023 league year, which will fall on March 17, 2023. Thomas received an additional signing bonus of $902,941 this week, which was the equivalent of one extra game check for his original 2022 base salary of $15.35 million when his contract was first signed, prior to the deal being restructured on multiple occasions.
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