Michael Thomas

39 rec · 448 yds · 1 TD37% of snaps2016 draft · Rd 2, #47

FWay overpaid

Paid · cap hit$14.4M2023 cap hit

Worth · market rate$4.1MFor 33th-percentile WR play

Surplus−$10.3MPaid $10.3M more than he produced.

#118 of 120 WRs in value in 2023. Grades compare on-field impact with cap hit. Data updated 2026-10-19.

Running the numbers…