Discover the specifics of Matt Gay’s multi-million dollar contract with the Indianapolis Colts, including his salary, age, and signing bonus.
*Matt Gay’s Agreement and Compensation*
Matt Gay has signed a big contract with the Indianapolis Colts, solidifying his position as one of the highest-paid kickers in the league. This pact has been set up so that it won’t put an undue strain on the Colts’ salary cap and might end up being a wise strategic choice. The following are the main details of his contract:
– Signing Bonus: Matt Gay received a $8 million fully guaranteed signing bonus.
– Guaranteed Base Salary for 2023: $1.08 million
– Base Salary in 2024: $3,92,000,000 ($980,000 Guaranteed)
– On the fifth day of the 2024 league year, the final $2.94 million of his 2024 salary is guaranteed.
– Base Salary in 2025: $4.75 Million – Base Salary in 2026: $4.75 Million
It’s important to remember that, despite early concerns about paying a kicker such a significant sum, this contract only accounts for 2.4% of the salary cap during the team’s most costly season. Beyond the 2024 season, there is no guaranteed money in the contract, giving the Colts the freedom to make decisions without having to shoulder a heavy financial load.
Matt Gay has a wonderful track record of kicking with accuracy, which emphasises the potential of this acquisition for the Colts. He has made 93.8% of his field goal tries over the past two seasons, with just two extra point attempts out of 81 going wrong. His degree of accomplishment places him among the league’s top kickers. Therefore, despite early concerns, the team may find that signing this contract is a wise decision.
Who is Matt Gay, exactly?
NFL placekicker Matt Gay is presently a member of the Indianapolis Colts. He started playing football with the Utah Utes in his collegiate years, when he became well-known for his ability to make field goals. He was chosen by the Los Angeles Rams in the 2019 NFL Draught, and he went on to have a standout year in 2021, making the Pro Bowl and helping the Rams win the Super Bowl.
Matt Gay agreed to a hefty $22.5 million four-year deal with the Indianapolis Colts in March 2023. With this contract, he is now the NFL’s second-highest-paid kicker, behind only Baltimore’s Justin Tucker in terms of pay.
| Name | Matt Gay |
| Birth Date | March 15, 1994 |
| Birth Place | Orem, Utah, U.S. |
| Height | 6 ft 0 in (1.83 m) |
| Weight | 232 lb (105 kg) |
| Position | Placekicker |
Matthew Gay’s age
Matt Gay, a placekicker for the NFL, is currently 29 years old. After enjoying a fruitful college career at the University of Utah, he started his NFL career in 2019.
Contract Extension for Matt Gay
Year |
Base Salary |
Guaranteed Salary |
Dead Money & Cap Savings (Cut) |
| 2023 | $1,080,000 | $1,080,000 | $10,060,000 (-$6,980,000) |
| 2024 | $3,920,000 | $980,000 | $6,980,000 (-$1,060,000) |
| 2025 | $4,750,000 | $0 | $4,000,000 ($2,750,000) |
| 2026 | $4,750,000 | $0 | $2,000,000 ($4,750,000) |
| Total | $14,500,000 | $2,060,000 | – |
Bonus at Signing for Matt Gay
Matt Gay signed a deal with the Indianapolis Colts that included a sizable $8 million signing bonus. This incentive was entirely guaranteed, so when he signed the contract, he earned the full amount. It demonstrates the team’s dedication to having him join and acknowledges his potential to become an elite kicker in the NFL.
New Contract for Matt Gay
The Indianapolis Colts and Matt Gay have agreed to a new four-year, $22.5 million contract. He received $10 million guaranteed at the time of signing in addition to the $8 million signing bonus. On the fifth day of the 2024 league year, $2.94 million of his base pay becomes guaranteed.
With this deal, Matt Gay is now the NFL’s second-highest-paid kicker behind only Baltimore’s Justin Tucker in terms of pay. Notably, it is the largest free-agent contract ever given to a kicker.
At the age of 28, Matt Gay played three seasons of kickoff for the Los Angeles Rams. His addition to the Colts squad is intended to bring consistency to the team’s kicker position, which has been unreliable ever since Adam Vinatieri left in 2006.
Matt Gay’s Professional Life
Matt Gay is a seasoned pro in the National Football League (NFL) with a motivational placekicking resume. Prior to transferring to the University of Utah, where he joined the football team as a placekicker, he initially pursued football at Utah Valley University. The attention of coaches and fans alike was instantly drawn to his extraordinary leg strength and accuracy.
Matt Gay had a great season in his junior year at Utah. Incredibly, he made 30 of his 34 field goal attempts, including a stunning 56-yarder. His outstanding performance earned him the renowned Lou Groza Award, given each year to the best collegiate placekicker in the country. Matt Gay became one of college football’s top kickers thanks to his precision, range, and capacity for handling pressure circumstances.
Having excelled in college, Matt Gay entered the 2019 NFL Draught. He was chosen in the fifth round by the Tampa Bay Buccaneers, becoming the first placekicker ever drafted. Expectations were high when he arrived in Tampa Bay, and he met them.
Matt Gay established himself for the Buccaneers as a reliable and consistent kicker in his rookie campaign. He demonstrated his strong leg by making 43 extra points out of 48 attempts and 27 field goals out of 35 attempts. He has repeatedly proven his kicking ability throughout his career, nailing crucial field goals and securing victories for his clubs.
Along with his physical prowess, Matt Gay also stands out for his mental fortitude and work ethic. He has had obstacles and losses along the road, but his perseverance and fortitude have allowed him to overcome them and have a big effect in the NFL.
Frequently Asked Questions (FAQs) Regarding Matt Gay’s Contract Salary
1. How much does Matt Gay make under his Indianapolis Colts contract?
The Colts and Matt Gay agreed to a four-year, $22.5 million deal.
2. Is Matt Gay among the NFL’s highest-paid kickers?
According to his contract, he is one of the highest-paid players in the league.
3. What does Matt Gay’s contract’s $8 million signing bonus mean?
A guaranteed element of the contract that offers instant financial security is the signing bonus.
4. How does Matt Gay’s pay stack up against that of other elite NFL kickers?
Only Justin Tucker of Baltimore makes more money as an NFL kicker than he does.
5. What motivated the Colts to sign Matt Gay?
He was acquired by the Colts in order to stabilise their special teams and kicker position.
