Tuesday, December 6, 2016

tom pelissero

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defensive unrestricted free agents
Image courtesy of Vikings.com

Via Tom Pelissero of the USA Today, Terence Newman has re-signed with the Minnesota Vikings:

The report has been confirmed by multiple media outlets.

It was reported earlier this month that Newman wanted to stay with the team, and while it took a week, it’s clear now the feeling was mutual. He’ll get a slight bump from last year’s $2.25 million salary, but still comes at a decent price for a player who, at 37 years old, was a solid starter and stabilizing presence in 2015. Newman is a Mike Zimmer guy, and Zimmer must be convinced he still has something left in the tank. Ideally, Newman move into a reserve role and provide depth and passing down flexibility next year, either at corner or safety or both.

A number of Vikings fans were a little peeved at the reported $25 million five year contract tight end John Carlson received from the Vikings on day two of free agency.

The reported numbers, however, do not tell the whole story and Tom Pelissero of 1500 ESPN shed some light on the situation Friday morning.

According to Pelissero’s source, only $9.1 million of the deal is fully guaranteed.  That is made up of a $5 million signing bonus, his 2012 base salary of $2.9 million, and $1.2 million of his 2013 base salary.

So, essentially, the deal is structured as follows:

2012:  $2.9 million

2013:  $2.9 million

2014:  $3.9 million

2015:  $4.9 million

2016:  $4.9 million

The deal also includes $100,000 workout bonuses on an annual basis.

The structure of the deal makes it so the Vikings can pay Carlson $11 million over the first two years, and then if they should choose to cut him after that they would take a $3 million cap hit in 2014.  Pelissero describes this as the “sort of pay-as-you-go deal the Vikings have used for years to keep their cap healthy.”

Furthermore, his salary doesn’t jump up until 2014, at which point the NFL’s new television deal is expected to increase the salary cap dramatically.

Carlson’s cap hit should be about $4 million this season, while Sage Rosenfels’ cap hit is expected to be about $1.5 million.  Letroy Guion’s contract details are not yet available, but he is expected to have a cap hit of around $3 million.

That should leave the Vikings with roughly $14.5 million in remaining cap space.

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