Peterson Signs 5-Year Deal
Oklahoma Sooner Football Articles and Notes Former OU Star Adrian Peterson signs with Vikings: The Minnesota Vikings have agreed to terms with 1st-round draft choice RB Adrian Peterson (#7 overall) from Oklahoma. The Vikings have now signed/agreed to terms with all 8 of their draft picks from the 2007 NFL Draft. (Vikings.com)
Peterson signs five-year, maximum $40 million possible: The No. 7 overall draft pick ended his brief three-day holdout on Sunday when he [Adrain Peterson] signed a five-year, $40.5 million contract with $17 million in guaranteed money."It's about time," Taylor said Sunday with a chuckle after the Vikings wrapped up their fifth training camp practice without his new backfield mate. "We need him out here so we can groove our offense even better with him coming back. So I'm just looking forward to him taking the field." (AP/Forbes)
Contract a six-year deal? Although avoidable: He [Peterson] was traveling to the Twin Cities from Norman, Okla., Sunday evening to sign a deal that would pay him a maximum of $40 million if he reaches all of its incentives.The Vikings guaranteed Peterson $17 million over the course of the deal, a critical figure for running backs, who typically have shorter-than-average careers in the NFL. Although the contract technically spans six years, the final year is voidable and exists mostly for salary cap purposes. If he reaches none of the incentives but plays five years, Peterson will earn about $25 million. (Star-Tribune)
Peterson signs five-year, maximum $40 million possible: The No. 7 overall draft pick ended his brief three-day holdout on Sunday when he [Adrain Peterson] signed a five-year, $40.5 million contract with $17 million in guaranteed money."It's about time," Taylor said Sunday with a chuckle after the Vikings wrapped up their fifth training camp practice without his new backfield mate. "We need him out here so we can groove our offense even better with him coming back. So I'm just looking forward to him taking the field." (AP/Forbes)
Contract a six-year deal? Although avoidable: He [Peterson] was traveling to the Twin Cities from Norman, Okla., Sunday evening to sign a deal that would pay him a maximum of $40 million if he reaches all of its incentives.The Vikings guaranteed Peterson $17 million over the course of the deal, a critical figure for running backs, who typically have shorter-than-average careers in the NFL. Although the contract technically spans six years, the final year is voidable and exists mostly for salary cap purposes. If he reaches none of the incentives but plays five years, Peterson will earn about $25 million. (Star-Tribune)
Labels: Adrian Peterson, Former Sooner
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