Colts, Michael Pittman Jr. Agree To Three-Year Extension

Colts, Michael Pittman Jr. Agree To Three-Year Extension

9 months ago

The Indianapolis Colts and standout wide receiver Michael Pittman Jr. agreed to a three-year, $70 million contract extension on Monday, according to a source. The deal can reach up to $71.5 million maximum and includes $46 million guaranteed. The deal means that Pittman won't play the 2024 season under the franchise tag. It's a major win for both sides. The Colts had no intentions of letting one of the best receivers in the game reach the open market, which is why they used their franchise tag on the 26-year-old to buy them a little extra time to work on an extension. The former second-round pick in 2020 out of USC had a career-high 1,152 receiving yards and four touchdowns on a career-high 109 receptions in 16 games in 2023 and is a no-doubt WR1 in fantasy.

Source: NFL Network - Ian Rapoport