Michael Pittman Jr.'s contract keeps looking better for the Colts

When the Indianapolis Colts signed their number one receiver, Michael Pittman Jr., to a new deal during the offseason, some fans bemoaned the three year, $70 million price tag, saying it was an overpay. Looking at the NFL now just a few short months later and Pittman's contract is looking like a bargain for the Colts as wideouts continue to ink new and larger deals. The Colts were smart to put pen to paper when they did as the market price continues to climb higher.

Jaylen Waddle, Amon-Ra St. Brown, and A.J. Brown are the most recent names added to a growing list of receivers who re-upped with their current teams and found paydirt. The $70 million over three seasons is getting farther down the list of per year earnings.

This list will get a new number one when Justin Jefferson signs his contract with Minnesota. Add in players like Ja'Marr Chase, and Pittman will fall even further in the near future. The good news for him is that the Colts aren't the only beneficiary in this situation. With the NFL taking in more and more money, there will be plenty to go around when Pittman is up for his next payday. He will still be on the right side of 30 and will be able to cash in even bigger than before. The new contract serves him with stability and hey, $70 million isn't too bad.

This situation appears to be a rare win-win for both sides. The Colts got their guy locked up for a good price before the frenzy started, and Michael Pittman Jr. got his bag with another chance at much more. Hopefully, that bag will be with the Colts as Pittman will continue to put in work and increase his production. Long term players for a team is what makes sports fun. Here is to the next three years and beyond.