As announced this morning on the team’s official website, the Minnesota Vikings and Adrian Peterson have mutually agreed to restructure the final three years of Peterson’s contract. Before today’s development, Peterson was set to earn $12.75 million in 2015, $14.75 million in 2016, and $16.75 million in 2017 with no guaranteed money.
During his absence from the team, Peterson took to Twitter to campaign for guaranteed contracts, and many speculated he wanted more guaranteed money from the Vikings in 2015 and beyond. With today’s news, Peterson’s wish was granted — his base salaries will likely decrease in 2015 and 2016 with more guaranteed money and a chance to earn more through incentives, per Mike Florio.
Although team policy prevents the Vikings from releasing contract details, Charles Robinson of Yahoo Sports disclosed some of the information:
#Vikings agreed to give Peterson additional guaranteed money in 2015 and 2016, as expected. I'm certain he'll still be unprotected in 2017.
— Charles Robinson (@CharlesRobinson) July 21, 2015
Shortly after, Pro Football Talk released the full details on Peterson’s newly-guaranteed money, citing a “source with knowledge of the situation”. According to the report, “Peterson’s deal carries $20 million guaranteed at signing”, with part of that guaranteed for injury while the rest is fully guaranteed.
In his report, Florio suggests that the Vikings “fully guaranteed the $13 million Peterson was due to make in 2015” and made the remaining $7 million an injury-only guarantee to be paid at the commencement of the 2016 league year.