Michael Penix Jr.
Quarterback
Age: 24
Free Agency: 2028 (UFA)
Accrued Seasons: 0
- Height: 6'3"
- Weight: 213
- College: Washington
- Entry: 2024 Draft, Round 1, #8 overall (Falcons)
- 2024 Salary Cap Charge: $4,160,479 (1.60% of cap)
- 2024 Cash Payout: $14,256,916 (4.68% of spending)
- 2024 Cash to Cap Ratio: 3.43
- Contract Value: $22,882,636 ($5,720,659 APY)
- Fully Guaranteed Money: $22,882,636
- Contract Ranking: 33/109 at QB
Current Contract
(Drafted, signed 2024)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Signing Bonus | Roster Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 24 | $795,000 | $3,365,479 | $0 | $795,000 | $4,160,479 | 1.6% | |||||
| 2025 | 25 | $960,000 | $3,365,479 | $875,120 | $1,835,120 | $5,200,599 | 1.9% | |||||
| 2026 | 26 | $1,075,000 | $3,365,479 | $1,800,240 | $2,875,240 | $6,240,719 | 2.2% | |||||
| 2027 | 27 | $1,190,000 | $3,365,479 | $2,725,360 | $3,915,360 | $7,280,839 | 2.3% | |||||
| Total | $4,020,000 | $13,461,916 | $5,400,720 | $9,420,720 | $22,882,636 | |||||||
Cash Flows
- fully earned money
- unearned or partially earned money
$5.7M
$11.4M
$17.2M
$22.9M
| 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|
| Cash Due | $14,256,916 | $1,835,120 | $2,875,240 | $3,915,360 |
| Running Cash | $14,256,916 | $16,092,036 | $18,967,276 | $22,882,636 |
Career Earnings: $13,461,916
Career APY: $0
Potential Earnings: $22,882,636
Total Guarantees: $22,882,636
Largest Cash Payment: $14,256,916 (2024)
Largest Cap Number: $7,280,839 (2027)
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Falcons | Drafted | Active | 2024 | 4 | $22,882,636 | $5,720,659 | $22,882,636 | $13,461,916 | 58.8% | $0 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Falcons | 0 | $13,461,916 | $0 | $0 | 0.0% | $0 | 0.0% |
Statistics
| Year | Games Played | Games Inactive | Snaps | Passing | Rushing | Fumbles | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Injured | Healthy | Offense | Special | Comp/Att | Pct | Yards | TD | INT | Sacked | Rating | Att | Yards | Avg | TD | Total | Lost | ||
| 2024 | 2 | 0 | 0 | 2.5% | 0.0% | 3/5 | 60% | 38 | 0 | 0 | 1 | 83.8 | 0 | 0 | 0.0 | 0 | 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 | $1,534,000 | $5,720,659 |
| Injury Adjusted | $1,534,000 | $5,720,659 |
test
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.
To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.