Jared Allen Restructures Contract
Sorry, I am not sure how I let this one slip by me, but this is old news that I am now just bringing up because I, well… somehow let this one slip by me.
Jared Allen recently restructured a portion of his contract. The move allowed him to collect $4 million worth of an $8 million bonus that was due to be paid out in March of 2010. The move chews up $4 million in space for the 2009 cap (anyone besides me flabbergasted that we had that much left?) and frees up $4 million for next year’s cap.
The curious part about this move is that most NFL analysts predict an uncapped year in 2010 due to the expiration of the Collective Bargaining Agreement between the NFL and the Player’s Union. As PFT points out, perhaps the Vikings are a little more optimistic than everyone else is that a deal will get done and a cap will be in place next year.
However, any time Rob Brzezinski makes a move I will not question it. That guy is a genious when it comes to NFL finances and cap management. He is the primary reason that the Vikings can afford to field a team with so many elite players on it.
So congrats to Jared on getting $4 million a few months early.
My bonus for being a Vikings Gab writer is way more than that, though.
But I don’t think they’ll give it to me early.
I’m scheduled to receive it in March of 2082.



















This post has 2 comments
December 16th, 2009 at 8:35 am
Hold out for more Adam, even if you have to wait til ‘85, it’ll be worth it.
I got “Carolina on my Mind” this morning. They are one of those teams we most likely should beat, but you better come with one of your better games to do so. I’m not sayin’ I got a bad feeling, just saying that we gotta bring the Cincinnati effort and not the Arizona effort. AND LESS PENALTIES!!
December 16th, 2009 at 8:39 am
I remember when Winnfield went down and we were talking about getting another corner but didnt think we had much cap room. Good thing we didnt know we were 4mil under the cap. We would of all been screaming for a good corner. Heck we could’ve called the Redskins and got Freds back.