Home Sports Football BREAKING: Colts Finalizing A 3-Year, $71.5 Million Contract Extension With WR Michael...

BREAKING: Colts Finalizing A 3-Year, $71.5 Million Contract Extension With WR Michael Pittman Jr.

March 11, 2024

The Colts have locked up one of their best offensive weapons.

According to NFL insider Jordan Schultz, Michael Pittman Jr. and the Colts have reached an agreement on a three-year contract extension worth up to $71.5 million on Monday.

Indianapolis placed its franchise tag on him earlier this offseason which would’ve paid him $21.8 million for the 2024 season.

BREAKING: The #Colts and star WR Michael Pittman Jr. have agreed to a 3-year deal worth up to $71.5M with $46M guaranteed, sources tell @BleacherReport.

One of the NFL’s top young wideouts is secure long-term in Indy. pic.twitter.com/qkjpkTNcH4
— Jordan Schultz (@Schultz_Report) March 11, 2024

The Colts selected Pittman in the second-round of the 2020 NFL Draft.

This past season, Pittman put forth his best year with career highs of 109 catches and 1,152 yards while adding four touchdowns. His 28.2 percent target share ranked 11th in the NFL.