Extra Details Regarding Contracts
Outside of tight end John Carlson, the Vikings have yet to commit to any free agent contracts that could potentially make them look uber-foolish, mainly because none of the contracts handed out are of major consequence.
Courtesy of Judd Zulgad, we have some more details regarding contracts for some player signings:
OT GEOFF SCHWARTZ: A one year deal that has a maximum value of $1.5 million, and contained a signing bonus of $150,000. Schwartz is expected to use 2012 to prove his health and competence with hopes of signing a longer, more lucrative deal in 2013.
FB JEROME FELTON: A one year deal worth $700,000, which included a $50,000 bonus for workouts and making the 53-man roster.
RB/FB LEX HILLIARD: A one year deal worth $615,000.
NT LETROY GUION: A three year deal that came with a $1.5 million signing bonus. His base salary this year will only be $950,000. In 2013 that number jumps to $2.45 million, and jumps again to $3.95 million in 2014. In other words, Guion will only realize the full value of his deal if he develops into a reliable contributor.
NT FRED EVANS: A two year contract with an unknown signing bonus. His base salary this year is $700,000 and jumps to $1.45 million in 2013.
Overall, each of these deals can be classified as “low risk” in terms of finances. Whether or not any of these players can add value on gameday, however, remains to be seen.