Never knew there were incentives in rookie contracts
Quote:
MINNEAPOLIS -- Adrian Peterson is padding his bank account with every yard he gains.
The Minnesota Vikings' rookie earned a one-time, $2.45 million bonus when he passed 701 yards this season. And he can add significantly to his bank account in upcoming seasons if he keeps going. Peterson ran for an NFL record 296 yards last week against San Diego.
Peterson's contract and incentives were broken down by the St. Paul Pioneer Press on Tuesday. Among the nuggets:
• He can add $2.5 million to his 2010 salary (set to start at $2.695 million) if he rushes for more than 1,000 yards in two of his first three seasons.
• If he rushed for 1,300 yards once, he puts another $1 million onto his 2011 salary, set to begin at $3.94 million. If he passes 1,300 yards twice, he adds $3 million to that number.
• Should Peterson rush for 2,000 yards or 20 touchdowns, he adds $1 million each time he does it to the 2011 base salary.
Adrian Peterson
Peterson
• He's also eligible for a $250,000 bonus if he's the rookie of the year, the most valuable player in the league or the Super Bowl MVP.
Add it up, and Peterson could earn $40.5 million through the life of his current five-year deal. He's guaranteed $17 million.
Peterson has rushed for 1,036 yards and nine touchdowns (eight rushing, one receiving) in eight games thus far this season.
thats pretty crazy.... Im not sure if its like this for all players or if certain players just get theres restructured to have them, like will Pat Willis get a bonus if he gets a certain amount of solo tackles?
Big Ben had alot of incentives in his rookie contract, its those kind of things that take some of these deals so long to get done. Ben made alot of $$$ making it to the AFCC game his rookie year and got a big superbowl bonus, with a SB win bonus on top of it
Cant remeber what it was, but their was something with Newmans deal too. We had to dip into our rookie pool to ink Henson, so I think they got creative with
T-News deal
Never knew there were incentives in rookie contracts
Never knew there were incentives in rookie contracts
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