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Newsstand: Former Michigan WR Nico Collins cashes in with massive contract extension

clayton-sayfieby:Clayton Sayfie05/29/24

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Former Michigan wide receiver Nico Collins (2017-19) is entering his fourth season with the NFL’s Houston Texans, and he just cashed in with a major contract extension. As first reported by The Athletic’s Dianna Russini, Collins agreed to a three-year deal that will net him around $24 million per season with a max value of $75 million. He’s now one of the 10 highest paid wide receivers in the league.

From ESPN.com:

Collins, selected in the third round of the 2021 draft, was scheduled to become an unrestricted free agent after this season. In three seasons, the former Michigan standout has 150 catches for 2,224 yards and 11 touchdowns.

The extension comes after Houston bolstered its receiver room when it traded a 2025 second-round pick to the Buffalo Bills for wide receiver Stefon Diggs and two draft picks in early April. Diggs is set to be a free agent following this season after the Texans voided the final three years on his contract while giving him a $3.5 million raise, increasing his 2024 base salary to $22.52 million.

Extending Collins gives the Texans two receivers they view as dynamic playmakers who are under contract past the 2024 season: 2023 third-rounder Tank Dell and Collins. Dell finished last season with 709 yards as a rookie but was on pace for 1,205 yards before suffering a broken leg against the Denver Broncos in early December.

Dell is healthy and participated in Texans OTAs after he was shot at a private event in Sanford, Florida, where authorities say a teenage gunman injured 10 people after an altercation on April 28.

Michigan has three Lindy’s preseason first-team All-Americans — tight end Colston Loveland, cornerback Will Johnson and defensive tackle Mason Graham — which stands as the most by any team in the nation.

Michigan guard Nimari Burnett announced weeks ago that he would return for another season in Ann Arbor, but it’s not official with his withdrawal from the NBA Draft process.

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