Erik McCoy

Age: 27y-3m-27d (Aug 27, 1997)
Exp: 5 Years
Country: US
College: Texas A&M
Drafted: Round 2 (#48 overall), 2019
Agent(s): Bill Johnson (Apex Sports Group)
2024 Cap Hit

$6,520,000

2024 Cash

$10,100,000

Career Earnings

$34,954,463

2022-2027 Rookie Extension (CURRENT)

Erik McCoy signed a 5 year , $60,000,000 contract with the New Orleans Saints, including $8,000,000 signing bonus, $20,090,000 guaranteed, and an average annual salary of $12,000,000. In 2024, McCoy will earn a base salary of $1,125,000 and a restructure bonus of $8,975,000, while carrying a cap hit of $6,520,000 and a dead cap value of $22,900,000.
Contract Terms:
5 yr(s) / $60,000,000
Average Salary:
$12,000,000
Signing Bonus:
$8,000,000
GTD at Sign:
$20,090,000
Total GTD:
$20,090,000
Free Agent:
2028 / UFA
Year Age Status Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2022 25 $3,222,378 1.55% $9,010,000 $9,010,000 $20,702,378
2023 26 $4,680,000 2.08% $11,080,000 $20,090,000 $17,480,000
POTENTIAL OUT: 2024, 2 YR, $20,090,000; $22,900,000 DEAD CAP
2024 27 $6,520,000 2.55% $10,100,000 $30,190,000 $22,900,000
2025 28 $15,495,000 5.67% $10,100,000 $40,290,000 $16,380,000
2026 29 $15,895,000 5.44% $10,500,000 $50,790,000 $10,985,000
2027 30 $15,795,000 5.05% $12,000,000 $62,790,000 $5,590,000
2028 31
Void
UFA
$1,795,000 0.54% - $62,790,000 $1,795,000
Year Age Status Base P5 Salary Signing Proration Restructure Proration Roster Bonus Cap Hit Cap % League Cap Dead Cap
2022 25 $1,010,000 $2,212,378 - - $3,222,378 1.55% $20,702,378
2023 26 $1,080,000 $1,600,000 $2,000,000 - $4,680,000 2.08% $17,480,000
POTENTIAL OUT: 2024, 2 YR, $20,090,000; $22,900,000 DEAD CAP
2024 27 $1,125,000 $1,600,000 $3,795,000 - $6,520,000 2.55% $22,900,000
2025 28 $9,600,000 $1,600,000 $3,795,000 $500,000 $15,495,000 5.67% $16,380,000
2026 29 $10,000,000 $1,600,000 $3,795,000 $500,000 $15,895,000 5.44% $10,985,000
2027 30 $10,500,000 - $3,795,000 $1,500,000 $15,795,000 5.05% $5,590,000
2028 31
Void
UFA
- - $1,795,000 - $1,795,000 0.54% $1,795,000
Year Age Status Base P5 Salary Signing Bonus Restructure Bonus Roster Bonus Cash Total Cash Cumulative Cash Remaining
2022 25 $1,010,000 $8,000,000 - - $9,010,000 $9,010,000 $62,790,000
2023 26 $1,080,000 - $10,000,000 - $11,080,000 $20,090,000 $53,780,000
POTENTIAL OUT: 2024, 2 YR, $20,090,000; $22,900,000 DEAD CAP
2024 27 $1,125,000 - $8,975,000 - $10,100,000 $30,190,000 $42,700,000
2025 28 $9,600,000 - - $500,000 $10,100,000 $40,290,000 $32,600,000
2026 29 $10,000,000 - - $500,000 $10,500,000 $50,790,000 $22,500,000
2027 30 $10,500,000 - - $1,500,000 $12,000,000 $62,790,000 $12,000,000
2028 31
Void
- - - - - $62,790,000 -
Contract Notes
  • $20.09M guaranteed at signing (signing bonus + 2022 salary + 2023 salary + 2023 roster bonus)
  • 2023 Roster Bonus: $10M (3/19/23, guaranteed)
  • 2024 salary fully guarantees 3/16/2024
  • 2024 Roster Bonus: $500,000 (3/16/2024)
  • $2.31M of 2025 salary fully guarantees on the 3rd league day of 2025
  • 2025 Roster Bonus: $500,000 (3rd league day)
  • 2026 Roster Bonus: $500,000 (5th league day)
  • 2027 Roster Bonus: $1.5M (5th league day)
  • All-Pro OR Pro Bowl: $500,000
Source: NFL contract specifics generally collected from verified reports.

2019-2022 Rookie

Erik McCoy signed a 4 year , $6,077,748 contract with the New Orleans Saints, including $2,449,512 signing bonus, $3,211,441 guaranteed, and an average annual salary of $1,519,437.
Contract Terms:
4 yr(s) / $6,077,748
Average Salary:
$1,519,437
Signing Bonus:
$2,449,512
GTD at Sign:
$3,211,441
Total GTD:
$3,211,441
Free Agent:
2023 / UFA
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Seasons

5 Years

Career Earnings thru 2024

$34,954,463

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2019 22
Active
$2,944,512
$2,944,512
2020 23
Active
$771,261
$3,715,773
2021 24
Active
$1,048,690
$4,764,463
2022 25
Active
$9,010,000
$13,774,463
2023 26
Active
$11,080,000
$24,854,463
2024 27
Active
$10,100,000
$34,954,463
Total      
$34,954,463
$34,954,463
2025 28
Active
$10,100,000
2026 29
Active
$10,500,000
2027 30
Active
$12,000,000
Total
$67,554,463

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
6 $5,529,951 $10,449,512 - $18,975,000 - - $34,954,463
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2019
22
$495,000
$2,449,512
$2,944,512
$2,944,512
2020
23
$771,261
$771,261
$3,715,773
2021
24
$1,048,690
$1,048,690
$4,764,463
2022
25
$1,010,000
$8,000,000
$9,010,000
$13,774,463
2023
26
$1,080,000
$10,000,000
$11,080,000
$24,854,463
2024
27
$1,125,000
$8,975,000
$10,100,000
$34,954,463
Total
$5,529,951
$10,449,512
$18,975,000
$34,954,463
$34,954,463
2025
28
$9,600,000
$500,000
$10,100,000
2026
29
$10,000,000
$500,000
$10,500,000
2027
30
$10,500,000
$1,500,000
$12,000,000
Total
$35,629,951
$10,449,512
$18,975,000
$2,500,000
$67,554,463

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
6 $5,529,951 $10,449,512 - $18,975,000 - - $34,954,463

Injuries

Year Weeks Reason
2024 NO 4 - 10 Groin
2022 NO 10 - 14 Calf
2021 NO 17 - 17 COVID-19
  • Feb 22, 2024 Converted $8.475M of 2024 salary plus a $500,000 roster bonus into signing bonus, adding 1 void year, freeing up $7.18M of cap with New Orleans (NO)
  • Feb 20, 2023 Converted a $10M roster bonus into signing bonus, clearing $8M of cap space with New Orleans (NO)
  • Sep 08, 2022 Signed a 5 year $60 million contract extension with New Orleans (NO)
  • May 10, 2019 Signed a 4 year $6 million contract with New Orleans (NO)
  • Apr 26, 2019 Drafted by New Orleans (NO): Round 2 (#48 overall)
Year Team GP GS Snaps Snaps%
2024 NO 6 6 286 65.90
2023 NO 17 17 1,152 99.50
2022 NO 13 13 799 96.00
2021 NO 12 12 745 68.30
2020 NO 16 16 1,073 99.70
2019 NO 16 16 1,077 99.40
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