Mike Strachan

Wide Receiver

Age: 27
Free Agency: 2025 (UFA)
Accrued Seasons: 3
  • 2024 Salary Cap Charge: $1,055,000 (0.41% of cap)
  • 2024 Cash Payout: $1,055,000 (0.38% of spending)
  • 2024 Cash to Cap Ratio: 1.00
  • Contract Value: $1,995,000 ($997,500 APY)
  • Fully Guaranteed Money: $0
  • Contract Ranking: 226/387 at WR

Current Contract

(SFA, signed 2023)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryCap
Number
Cap %
Dead Money & Cap Savings
202326$940,000$313,3330.1%
202427$1,055,000$1,055,0000.4%
Total$1,995,000$1,368,333

Cash Flows

- old money
- fully earned money
- unearned or partially earned money
$1M
$2M
Old Money20232024
Cash Due$626,667$313,333$1,055,000
Running Cash$940,000$1,995,000
Career Earnings: $2,137,609
Career APY: $712,536
Potential Earnings: $2,968,165
Total Guarantees: $114,832
Largest Cash Payment: $1,055,000 (2024)
Largest Cap Number: $1,055,000 (2024)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
ColtsDraftedTerminated20214$3,594,832$898,708$114,832$1,599,83244.5%$799,916
ColtsPracticeTerminated20231$216,000$216,000$0$00.0%$0
PanthersPracticeElevated20231$244,222$244,222$0$00.0%$0
PanthersPracticeElevated20231$216,000$216,000$0$00.0%$0
PanthersPracticeRenegotiated20231$284,444$284,444$0$00.0%$0
PanthersSFAActive20232$1,995,000$997,500$0$313,33315.7%$313,333
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Colts2$1,599,832$799,916$1,542,4160.0%$57,4160.0%
Panthers1$525,777$525,777$313,3330.0%$212,4440.0%
Texans$12,000$0$00.0%$12,0000.0%

Season History

YearTeamBase SalaryProrated BonusCap
Number
Cap %Cash Paid
2021Colts$660,000$28,708$688,7080.4%$774,832
2022Colts$825,000$28,708$853,7080.4%$825,000
2023Panthers$940,000$0$313,3330.1%$313,333
2024Panthers$1,055,000$0$1,055,0000.4%$1,055,000
Total$3,480,000$57,416$2,910,749$2,968,165
Dead Money History
TeamYearCap ChargeCash Paid
Colts2023$28,708$0
Texans2023$12,000$12,000
Panthers2023$212,444$212,444
Colts2024$28,708$0
Total$281,860$224,444

Statistics

YearGames PlayedGames InactiveSnapsRushingReceivingFumbles
InjuredHealthyOffenseSpecialAttYardsAvgTDRecYardsAvgTDTotalLost
202160115.6%0.0%000.0022613.0000
2022131211.4%0.0%000.0035919.7000
20235045.8%4.5%000.0014545.0000

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 ValuationAPY
Regular$359,000$997,500
Injury Adjusted$359,000$997,500
test
OTC Valuation $4.3M $8.7M $13M $17.4M $21.7M APY $5.3M $10.7M $16M $21.3M $26.7M $9,208,000 $6,435,949

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.