Age: 25
Free Agency: 2028 (Void)
Accrued Seasons: 3
- Height: 5'11"
- Weight: 190
- College: Duke
- Entry: 2021 Draft, Round 5, #154 overall (Jets)
- 2024 Salary Cap Charge: $2,648,232 (1.02% of cap)
- 2024 Cash Payout: $7,366,000 (3.03% of spending)
- 2024 Cash to Cap Ratio: 2.78
- Contract Value: $30,750,000 ($10,250,000 APY)
- Fully Guaranteed Money: $13,063,500
- Contract Ranking: 20/276 at CB
Current Contract
(Extension, signed 2024)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Signing Bonus | Per Game Roster Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 25 | $1,366,000 | $1,282,232 | $0 | $1,366,000 | $2,648,232 | 1.0% | |||||
| 2025
September 1: Options bonus due by first game of 2025 regular season
| 26 | $1,697,500 | $1,200,000 | $552,500 | $1,697,500 | $4,250,000 | 1.5% | |||||
| 2026
March 18: $4,016,000 million guaranteed becomes guaranteed
| 27 | $9,697,500 | $1,200,000 | $552,500 | $0 | $12,250,000 | 4.2% | |||||
| 2027 | 28 | $9,697,500 | $1,200,000 | $552,500 | $0 | $12,250,000 | 3.9% | |||||
| 2028
February 15: Contract voids 5th day waiver period
| 29 | Void | $1,200,000 | Void | Void | $2,800,000 | -- | |||||
| 2029 | 30 | Void | $0 | Void | Void | $0 | -- | |||||
| 2030 | 31 | Void | $0 | Void | Void | $0 | -- | |||||
| Total | $22,458,500 | $6,082,232 | $1,657,500 | $3,063,500 | $34,198,232 | |||||||
Contract Notes
Michael Carter II signed a 3 year extension with the New York Jets worth $30.75 million in new money with $18.046 million in total guarantees including a $6 million signing bonus and a $4 million option bonus in 2025. The contract includes 4 void years for salary cap purposes.
Cash Flows
| 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|
| Cash Due | $4,000,000 | $6,250,000 | $10,250,000 | $10,250,000 |
| Running Cash | $4,000,000 | $10,250,000 | $20,500,000 | $30,750,000 |
Career Earnings: $8,753,928
Career APY: $2,917,976
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Jets | Drafted | Extended | 2021 | 4 | $3,808,928 | $952,232 | $328,928 | $2,753,928 | 72.3% | $917,976 |
| Jets | Extension | Active | 2024 | 3 | $30,750,000 | $10,250,000 | $13,063,500 | $6,000,000 | 19.5% | $0 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Jets | 3 | $8,753,928 | $2,917,976 | $2,671,696 | 0.0% | $0 | 0.0% |
Season History
| Year | Team | Base Salary | Prorated Bonus | Per Game Roster Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | Jets | $660,000 | $82,232 | $0 | $0 | $742,232 | 0.4% | $988,928 | ||
| 2022 | Jets | $825,000 | $82,232 | $0 | $0 | $907,232 | 0.4% | $825,000 | ||
| 2023 | Jets | $940,000 | $82,232 | $0 | $0 | $1,022,232 | 0.4% | $940,000 | ||
| 2024 | Jets | $1,366,000 | $1,282,232 | $0 | $1,366,000 | $2,648,232 | 1.0% | $7,366,000 | ||
| 2025 | Jets | $1,697,500 | $1,200,000 | $552,500 | $1,697,500 | $4,250,000 | 1.5% | $6,250,000 | ||
| 2026 | Jets | $9,697,500 | $1,200,000 | $552,500 | $0 | $12,250,000 | 4.2% | $10,250,000 | ||
| 2027 | Jets | $9,697,500 | $1,200,000 | $552,500 | $0 | $12,250,000 | 3.9% | $10,250,000 | ||
| 2028 | Jets | $1,390,000 | $1,200,000 | $0 | $0 | $2,800,000 | -- | $0 | ||
| 2029 | Jets | $1,435,000 | $0 | $0 | $0 | $0 | -- | $0 | ||
| 2030 | Jets | $40,000,000 | $0 | $0 | $0 | $0 | -- | $0 | ||
| Total | $67,708,500 | $6,328,928 | $1,657,500 | $3,063,500 | $36,869,928 | $36,869,928 | ||||
Statistics
| Year | Games Played | Games Inactive | Snaps | Tackles | Negative Plays | Interceptions | Fumbles | TD | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Injured | Healthy | Defense | Special | Solo | Assist | Sacks | Yards | TFL | QB Hits | Pass Def. | INT | Yards | Forced | Rec. | Yards | |||
| 2021 | 17 | 1 | 0 | 72.2% | 29.1% | 44 | 27 | 1 | 5 | 4 | 2 | 5 | 0 | 0 | 0 | 2 | 0 | 0 |
| 2022 | 16 | 0 | 0 | 59.9% | 7.8% | 49 | 13 | 0 | 0 | 3 | 0 | 9 | 2 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 15 | 0 | 2 | 59.0% | 1.6% | 37 | 13 | 0 | 0 | 1 | 1 | 9 | 0 | 0 | 1 | 0 | 0 | 0 |
| 2024 | 5 | 0 | 0 | 27.2% | 26.1% | 7 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
Valuation Diamond
The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.
| OTC Valuation | APY | |
|---|---|---|
| Regular | $1,518,000 | $10,250,000 |
| Injury Adjusted | $1,518,000 | $10,250,000 |
Weekly Valuation Trends
The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.
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