Michael Thomas and the New Orleans Saints have agreed on a new five-year contract worth up to $100 million, according to the Pro Bowl receiver’s agent.
Andrew Kessler of the agency Athletes First, who joined colleague David Mulugheta in negotiating the deal with the Saints, says the contract pays Thomas about $61 million in guaranteed salary and bonuses.
The agreement brings to an end Thomas’ training camp holdout that spanned five practices.
The Saints had a scheduled day off Wednesday and Thomas was expected to rejoin practice Thursday.
Thomas has established himself as an elite receiver with 321 catches for 3,787 yards and 23 touchdowns in his first three NFL seasons.
Last season, Thomas ranked first in the NFL in catches with 125, sixth in yards receiving with 1,405 and tied for 10th with nine touchdowns.