Report: Saints WR Michael Thomas agrees to restructure contract

The New Orleans Saints and wide receiver Michael Thomas agreed to a restructured contract on Friday, reported ESPN’s Field Yates.

Thomas, who is under contract through the 2024 season, had his base salary in 2023 reduced from $15.5M to $1.165M while adding a $31.755M roster bonus for the 2024 league year that becomes fully guaranteed on the third day of the 2023 league year (March 17, 2023).

Injuries have derailed the former All-Pro for most of the past three seasons including the entire 2021 campaign.

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