To address the big news from last night, Courtney Cronin of ESPN reported Minnesota Vikings running back Latavius Murray agreed to restructure his contract. Earlier this week it was reported that Murray would be approached to take a pay cut. If he had refused, the team would have likely cut him.
Latavius Murray has restructured his contract with the Vikings ahead of Friday's deadline where $5.15 million of his $6.35 million cap hit would have become guaranteed, sources told ESPN. https://t.co/7jDSJ8yHZe
— Courtney Cronin (@CourtneyRCronin) March 16, 2018
Instead, Murray accepted a restructured deal to remain a Viking. Murray’s 2018 base salary of $5.15 million was scheduled to guarantee yesterday. With Dalvin Cook expected to return from injury, the team sought to cut down on the $8.35 million they were spending on running backs — sixth-most in the league according to OverTheCap.com.
The 28 year-old started 11 games last season, rushing for 842 yards with eight touchdowns. He averaged 3.9 yards per carry during the regular season but only averaged 2.9 YPC in the playoffs.
Murray was acquired by the Vikings as a free agent last offseason. He signed a three-year, $15 million deal on March 15, 2017. The Vikings would have taken on $1.2 million of dead money if Murray was cut.
Terms of the deal have not yet been disclosed.
The Vikings, who apparently hosted Sheldon Richardson and an unknown player for dinner last night, now have their leading rusher from 2017 back in the fold as well as more cap flexibility to sign free agents.
- Former Vikings running back Jerick McKinnon signed with the San Francisco 49ers.
- Report: Vikings to ask Murray to take a pay cut.
Ben Goessling of the Star Tribune reported the details of Murray’s restructure. The move includes a base salary dip to $3.65 million along with a reshuffling of his workout and per-game roster bonuses. It results in $1.15 million in cap savings for the Vikings.
Terms of Latavius Murray's restructured deal: his base salary drops to $3.65 million for the 2018 season; he's also got a $100K workout bonus and a per-game roster bonus https://t.co/xYXfs6G3Uv $250K. His cap hit is $5.2 million. Vikings get $1.15 million in cap relief.
— Ben Goessling (@GoesslingStrib) March 17, 2018