Michael Pittman Jr.’s journey in the 2023 season was a rollercoaster of promise and adversity. The wide receiver endured a brutal hit that sidelined him, but his resilience shone through. His dedication to the Colts never wavered as he continued to wreak havoc on rival defenses.
The Colts recently rewarded Pittman Jr.’s outstanding athleticism with a blockbuster contract to elevate his status and income. With his newfound wealth, the wide receiver wasted no time in showing gratitude to his parents, gifting them brand new cars.
Michael Pittman Jr. accomplished his dream with amazing gift to parents
Michael Pittman Jr. fulfilled a lifelong dream by gifting his parents a Porsche Panamera and a Cadillac Escalade. He wanted to show his gratitude for their support throughout his journey after signing a contract extension with the Colts.
The wide receiver took to social media to share his excitement, writing, “I’ve been dreaming about this moment ever since I started playing football. Beyond grateful to these two.”
This gesture was particularly meaningful for Pittman, who wanted to reciprocate the support he received from his parents. It symbolizes his utmost desire to give back to his parents, who have supported him every step of the way. It is more special now that he is no longer on a rookie contract.
The significance of this gift is not lost on Pittman’s father, who himself had a career in the NFL as a running back for 11 years.
His father reflected on the thoughtful present, exclaiming, “Jr just hooked his old man up! 😁 🚗💨 I’m beyond grateful for this present from my son and his wife, this is a special gift.”
The Porsche Panamera and Cadillac Escalade are valued at approximately $106,900 and $93,000, respectively, via Sportskeeda. Michael Pittman Jr.’s achievements extend beyond his generous gift, as he has emerged as a crucial player for the Colts last season. He recorded 109 catches for 1,152 yards and four touchdowns, solidifying his position as a top target for the team
How much does Michael Pittman Jr. earn at Colts?
Michael Pittman Jr. recently secured a lucrative three-year contract worth $70 million. This comes after a successful rookie stint where he earned $8.6 million. The negotiation process saw the use of the franchise tag, and extended the window for discussions before ultimately resulting in a mutually beneficial agreement.
Colts, WR Michael Pittman Jr. expected to finalize a 3-year, $70M deal, with $46M guaranteed. (via @rapsheet) pic.twitter.com/AF1zX5f0iG
— NFL (@NFL) March 11, 2024
The receiver will receive a $15 million signing bonus, along with guaranteed base salaries and roster bonuses over the three-year period. His cap hit stands at $18 million in 2024, with subsequent years seeing increases to $23 million in 2025 and $29 million in 2026.
Despite a $5 million dead cap hit, the contract gives the Colts flexibility and may save them $24 million in cap space after the 2025 season. This structure ensures prudent financial management while allowing for flexibility in making changes based on team needs and performance.
The agreement signifies a fair and competitive offer for Pittman, including a significant amount of guaranteed funds at the beginning. It also puts him in a good position for future negotiations, possibly becoming a free agent again before reaching 30.
